Notable Analyst Rating Changes 10/16: GOOG, LYG, KR, HOG, NTRI, AUDC upgrade; NOK, KMP, WSM, SHAW, NFLX Downgrade

October 16, 2009 10:45 AM EDT

UPGRADES:
Benchmark upgrades Google (Nasdaq: GOOG) from Hold to Buy. Click Here for more color.

Deutsche Bank upgrades Lloyds Banking Group (NYSE: LYG) to a Buy. For more color Click Here

BB&T Capital upgrades Kroger (NYSE: KR) from Hold to Buy. Price target $30.

An analyst at RBC Capital has upgraded shares of Harley-Davidson (NYSE: HOG) to Outperform.

Janney Montgomery Scott upgrades NutriSystem (Nasdaq: NTRI) from Neutral to Buy, price target increased from $16 to $24. Click Here for more color.

BofA Merrill Lynch upgrades AudioCodes (Nasdaq: AUDC) two-notches from Underperform to Buy. The firm raised its price target from $1.75 to $3.50

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

DOWNGRADES:
RBS downgrades Nokia (NYSE: NOK) to Hold from Buy.

Morgan Stanley downgrades Kinder Morgan Partners (NYSE: KMP) from Equalweight to Underweight. price target $57.

Goldman Sachs downgrades Williams-Sonoma, Inc. (NYSE: WSM) from Buy to Neutral but raised their price target from $21 to $24.

Robert W. Baird downgrades Shaw Group (NYSE: SHAW) from Outperform to Neutral with a $32 price target.

Caris & Co. downgrades Netflix (Nasdaq: NFLX) from Buy to Above Average.

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

NEW COVERAGE:
J.P. Morgan resumes coverage on Pfizer (NYSE: PFE) with an Overweight rating. Price target $21.

BMO Capital initiates coverage on SunTrust (NYSE: STI) with a Market Perform rating. Price target $25.

FBR Capital re-initiates coverage of EOG Resources, Inc. (NYSE: EOG) with a Market Perform rating and a 12-month price target of $80/share,

Credit Suisse initiates coverage on SAIC, Inc (NYSE: SAI) with an Outperform rating. Price target $22.

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


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Stocks Mentioned

AUDC 2.55

-0.05 -1.92%
Volume: 54,460
Track AUDC

EOG 88.18

+1.71 +1.98%
Volume: 2,570,572
Track EOG

GOOG 582.35

+12.39 +2.17%
Volume: 2,525,288
Track GOOG

HOG 28.66

+0.82 +2.95%
Volume: 4,235,737
Track HOG

KMP 56.63

+0.64 +1.14%
Volume: 514,901
Track KMP

KR 22.93

+0.07 +0.31%
Volume: 4,111,618
Track KR

LYG 6.03

+0.22 +3.79%
Volume: 960,413
Track LYG

NFLX 60.38

+0.41 +0.68%
Volume: 667,276
Track NFLX

NOK 13.43

+0.10 +0.75%
Volume: 10,731,186
Track NOK

NTRI 23.93

+1.14 +5.00%
Volume: 1,022,106
Track NTRI

PFE 18.53

+0.17 +0.93%
Volume: 73,181,859
Track PFE

SAI 18.04

+0.06 +0.33%
Volume: 2,496,307
Track SAI

SHAW 29.07

+1.38 +4.98%
Volume: 2,120,781
Track SHAW

STI 23.15

+1.11 +5.04%
Volume: 11,325,186
Track STI

WSM 21.82

+0.01 +0.05%
Volume: 2,964,647
Track WSM


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