Notable Analyst Rating Changes: CSX, UNH, DF, TS Upgraded; SNDK, INTC, VALE Upgraded

November 3, 2009 11:22 AM EST

UPGRADES:
Stifel Nicolaus upgraded shares of CSX Corp. (NYSE: CSX) from Hold to Buy. The analyst also set a $51 price target on the stock.

Morgan Stanley upgrades UnitedHealth Group (NYSE: UNH) from Equalweight to Overweight. Price target $33.

Stephens & Co upgrades Dean Foods (NYSE: DF) from Equalweight to Overweight, sets price target of $20. Stifel Nicolaus also upgraded Dean Foods from Hold to Buy, and set a price target $20.

Jefferies & Co upgrades Tenaris S.A. (NYSE: TS) from Hold to Buy. Price target increased from $30 to $44.

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

DOWNGRADES:
Wedbush downgrades SanDisk (NASDAQ: SNDK) from Neutral to Underperform. Price target lowered from $24 to $17. Click Here for more color.

Morgan Stanley downgraded Intel (NASDAQ: INTC) from Overweight to Equal Weight. Morgan also downgraded other U.S. Semiconductor's. Click Here for more color.

Raymond James downgrades VALE S.A. (NASDAQ: VALE) from Buy to Hold.

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

NEW COVERAGE:
Deutsche Bank, Bank of America, Morgan Stanley, and Lazard initiate coverage on A123 Systems (NASDAQ: AONE) with Hold, Underperform, Equalweight, and Buy ratings, respectively. Deutsche and Bank of America also set a price target of $17 on A123.

Oppenheimer initiates coverage on Vitacost.com (NASDAQ: VITC) with an Outperform rating, sets a price target of $14. Needham & Co and Jefferies & Co also initiated coverage on Vitacost.com with Buy ratings, and price targets of $13.50 and $15, respectively.

Goldman Sachs, bank of America, Deutsche Bank, KBW initiate coverage on Artio Global Investors (NYSE: ART) with Buy, Neutral, Hold, and Outperform, respectively. The firms also set price target of $31, $25m $26, and $30, respectively. Click Here for more color from KBW. Click Here for more color from Deutsche Bank.

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


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Stocks Mentioned

AONE 14.70

-0.53 -3.48%
Volume: 1,056,035
Track AONE

ART 24.30

-0.15 -0.61%
Volume: 394,373
Track ART

CSX 48.62

-0.52 -1.06%
Volume: 4,286,931
Track CSX

DF 16.12

+0.18 +1.13%
Volume: 3,330,677
Track DF

INTC 19.24

-0.06 -0.31%
Volume: 49,134,046
Track INTC

SNDK 20.24

+0.12 +0.60%
Volume: 5,821,205
Track SNDK

TS 40.63

-0.61 -1.48%
Volume: 1,327,315
Track TS

UNH 28.56

-0.07 -0.24%
Volume: 9,009,124
Track UNH

VALE 28.19

-0.25 -0.88%
Volume: 15,703,188
Track VALE

VITC 7.14

-0.32 -4.29%
Volume: 258,490
Track VITC


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