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 2.60

+0.08 +3.17%
Volume: 49,492
Track AUDC

EOG 86.47

-0.45 -0.52%
Volume: 3,218,989
Track EOG

GOOG 569.96

-3.03 -0.53%
Volume: 2,006,202
Track GOOG

HOG 27.84

+0.07 +0.25%
Volume: 3,102,921
Track HOG

KMP 55.99

-0.23 -0.41%
Volume: 403,496
Track KMP

KR 22.86

+0.04 +0.18%
Volume: 6,786,994
Track KR

LYG 5.81

-0.18 -3.01%
Volume: 1,064,720
Track LYG

NFLX 59.97

-0.29 -0.48%
Volume: 1,112,771
Track NFLX

NOK 13.33

-0.28 -2.06%
Volume: 9,427,893
Track NOK

NTRI 22.79

+0.09 +0.40%
Volume: 395,766
Track NTRI

PFE 18.36

+0.25 +1.38%
Volume: 60,974,916
Track PFE

SAI 17.98

-0.22 -1.21%
Volume: 1,311,739
Track SAI

SHAW 27.69

-0.17 -0.61%
Volume: 956,208
Track SHAW

STI 22.04

+0.18 +0.82%
Volume: 7,218,311
Track STI

WSM 21.81

-0.27 -1.22%
Volume: 2,823,432
Track WSM


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