Notable Analyst Rating Changes 5/22: AAUK, POT, MOS, AGU, ARUN, GPS Upgraded; MON, EGLE,

May 22, 2009 10:27 AM EDT

UPGRADES:
Goldman Sacsh upgrades Anglo American plc (Nasdaq: AAUK) from Neutral to Buy and added the stock to their Convction Buy List. The firm sees rising prices and EBITDA margins at the company.

Citi upgrades Fertilizer Producers Potash (NYSE: POT) & Mosaic (NYSE: MOS) to Buy, Agrium (NYSE: AGU) to Hold. Click here for the full report.

Jefferies, JPMorgan and Wedbush Morgan upgrade Aruba Networks (Nasdaq: ARUN) to Buy, Overweight and Buy, respectively. Click here for color on the Wedbush upgrade.

Stifel Nicolaus upgrades Gap Inc (NYSE: GPS) from Hold to Buy. Price target $20.

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

DOWNGRADES:
Citi downgrades Monsanto (NYSE: MON) from Buy to Hold. Price target lowered from $98 to $95. Click here for the full report.

UBS downgrades Eagle Bulk Shipping (Nasdaq: EGLE) from Buy to Neutral with a $7 price target.

Citi downgrades salesforce.com inc (NYSE: CRM) from Buy to Hold. Price target raised $2 to $37. Click here for the full report.

Lazard Capital Markets downgrades LDK Solar (NYSE: LDK) from Hold to the dreaded Sell.

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

NEW COVERAGE:
RBC Capital initiates coverage on Vale (NYSE: VALE) with a Sector Perfrom rating.

Merriman Curhan initiates coverage on Teradata (NYSE: TDC) with a Neutral.

Raymond James initiates coverage on Canadian National Railway (NYSE: CNI) with an Outperform rating. Price target $55.

Raymond James initiates coverage on Canadian Pacific (NYSE: CP) with an Outperform rating. Price target $50.

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


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Stocks Mentioned

AAUK 16.12

+0.00 +0.00%
Volume: 2,288,451
Track AAUK

AGU 57.56

-1.64 -2.77%
Volume: 3,200,077
Track AGU

ARUN 9.11

+0.70 +8.32%
Volume: 2,630,805
Track ARUN

CNI 54.15

+1.30 +2.46%
Volume: 2,219,037
Track CNI

CP 50.85

+1.50 +3.04%
Volume: 1,104,640
Track CP

CRM 65.95

+1.26 +1.95%
Volume: 1,462,495
Track CRM

EGLE 5.76

-0.03 -0.52%
Volume: 2,593,608
Track EGLE

GPS 21.77

+0.33 +1.54%
Volume: 12,668,348
Track GPS

LDK 8.99

+0.61 +7.28%
Volume: 11,391,946
Track LDK

MON 83.44

+1.37 +1.67%
Volume: 7,507,629
Track MON

MOS 58.29

-2.29 -3.78%
Volume: 9,886,712
Track MOS

POT 117.06

-3.15 -2.62%
Volume: 10,289,505
Track POT

TDC 30.56

+0.40 +1.33%
Volume: 1,620,008
Track TDC

VALE 28.22

-0.67 -2.32%
Volume: 27,002,856
Track VALE


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