Notable Analyst Rating Changes 6/10: YHOO, X, ZEUS, DB Upgraded; SINA, CRDN, FSLR, PLL Downgraded

June 10, 2009 10:02 AM EDT

UPGRADES:
Soleil Securities upgrades Yahoo! (Nasdaq: YHOO) from Hold to Buy. Price target raised from $12 to $20. Click here for the full report.

KeyBanc upgrades US Steel (NYSE: X) and Olympic Steel (Nasdaq: ZEUS) to Buy. Click here for more color on the upgrades.

J.P. Morgan upgrades Deutsche Bank (NYSE: DB) from Underweight to Neutral.

For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades

DOWNGRADES:
Pali, Deutsche Bank and Citi all downgraded SINA Corp. (Nasdaq: SINA) to Hold, Sell and Sell, respectively. Here is the Pali downgrade.

Wachovia and ThinkEquity downgrade Ceradyne (Nasdaq: CRDN) to Underperform and Accumulate, respectively. Here is more color on the Wachovia downgrade.

Soleil Securities downgrades First Solar, Inc. (Nasdaq: FSLR) from Buy to Hold. Price target increased from $160 to $170. Here is the full report.

Barclays downgrades Pall (NYSE: PLL) from Overweight to Equalweight.

For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades

NEW COVERAGE:
JP Morgan initiates coverage on Satyam Computer Services Ltd. (NYSE: SAY) with an Overweight rating, saying they see a sharp turnaround in profits.

Citigroup initiates coverage on Dendreon (Nasdaq: DNDN) with a Buy rating and $35 price target, citing the potential of cancer vaccine PROVENGE.

Cowen & Co initiates coverage on Sanofi-Aventis (NYSE: SNY) with a Neutral.

Soleil Securities initiates coverage on Comerica Inc. (NYSE: CMA) with a Buy. Price target $28.50. Here is more color on the coverage.

For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage


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Stocks Mentioned

CMA 28.33

-0.40 -1.39%
Volume: 382,255
Track CMA

CRDN 16.99

-0.06 -0.35%
Volume: 30,140
Track CRDN

DB 71.67

-3.55 -4.72%
Volume: 567,969
Track DB

DNDN 27.54

-0.15 -0.54%
Volume: 678,176
Track DNDN

FSLR 120.57

-0.40 -0.33%
Volume: 673,925
Track FSLR

PLL 32.19

-0.53 -1.62%
Volume: 239,417
Track PLL

SAY 4.36

-0.29 -6.24%
Volume: 4,188,615
Track SAY

SINA 44.65

-0.01 -0.02%
Volume: 499,734
Track SINA

SNY 38.40

-1.06 -2.69%
Volume: 465,485
Track SNY

X 43.28

-0.39 -0.89%
Volume: 4,551,340
Track X

YHOO 15.02

-0.28 -1.83%
Volume: 7,601,290
Track YHOO

ZEUS 27.69

-0.62 -2.19%
Volume: 24,120
Track ZEUS


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