Notable Analyst Rating Changes 1/30: CSIQ, ALB, NKE, DIS Upgraded; YHOO, MER, TROW Downgraded
StreetInsider.com Notable Analyst Rating Changes:
UPGRADES:
Oppenheimer upgrades Canadian Solar (Nasdaq: CSIQ) from Perform to Outperform, citing positive outlook. Price target $27.
UBS and JPMorgan upgrade Albemarle (NYSE: ALB) to Buy and Overweight, respectively.
J.P. Morgan upgrades NIKE (NYSE: NKE) from Neutral to Overweight.
Pali Research upgrades Walt Disney (NYSE: DIS) to Buy. Price target $34.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Oppenheimer downgrades Merrill Lynch (NYSE: MER) from Perform to Underperform, citing valuation and negative outlook on sub-prime exposure.
Friedman Billings downgrades T. Rowe Price (Nasdaq: TROW) from Market Perform to Underperform, citing 2008 outlook. Price target lowered to $45.
Pacific Crest, Citi and Oppenheimer downgrade Yahoo! (Nasdaq: YHOO) to Sector Perform, Hold and Market Perform, respectively.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
UBS initiates coverage on Micron (NYSE: MU) with a Buy rating and $8 price target.
UBS initiates coverage on SanDisk Corp. (Nasdaq: SNDK) with a Neutral rating.
Stifel Nicolaus initiates coverage on Abercrombie & Fitch (NYSE: ANF) with a Buy rating. Price target $100.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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