Notable Analyst Rating Changes 6/10: YHOO, X, ZEUS, DB Upgraded; SINA, CRDN, FSLR, PLL Downgraded

June 10, 2009 10:02 AM EDT

UPGRADES:
Soleil Securities upgrades Yahoo! (Nasdaq: YHOO) from Hold to Buy. Price target raised from $12 to $20. Click here for the full report.

KeyBanc upgrades US Steel (NYSE: X) and Olympic Steel (Nasdaq: ZEUS) to Buy. Click here for more color on the upgrades.

J.P. Morgan upgrades Deutsche Bank (NYSE: DB) from Underweight to Neutral.

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

DOWNGRADES:
Pali, Deutsche Bank and Citi all downgraded SINA Corp. (Nasdaq: SINA) to Hold, Sell and Sell, respectively. Here is the Pali downgrade.

Wachovia and ThinkEquity downgrade Ceradyne (Nasdaq: CRDN) to Underperform and Accumulate, respectively. Here is more color on the Wachovia downgrade.

Soleil Securities downgrades First Solar, Inc. (Nasdaq: FSLR) from Buy to Hold. Price target increased from $160 to $170. Here is the full report.

Barclays downgrades Pall (NYSE: PLL) from Overweight to Equalweight.

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

NEW COVERAGE:
JP Morgan initiates coverage on Satyam Computer Services Ltd. (NYSE: SAY) with an Overweight rating, saying they see a sharp turnaround in profits.

Citigroup initiates coverage on Dendreon (Nasdaq: DNDN) with a Buy rating and $35 price target, citing the potential of cancer vaccine PROVENGE.

Cowen & Co initiates coverage on Sanofi-Aventis (NYSE: SNY) with a Neutral.

Soleil Securities initiates coverage on Comerica Inc. (NYSE: CMA) with a Buy. Price target $28.50. Here is more color on the coverage.

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


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Stocks Mentioned

CMA 27.57

+0.38 +1.40%
Volume: 2,610,996
Track CMA

CRDN 16.67

-0.05 -0.30%
Volume: 153,579
Track CRDN

DB 71.83

-0.42 -0.58%
Volume: 396,972
Track DB

DNDN 28.61

+0.83 +2.99%
Volume: 2,604,827
Track DNDN

FSLR 117.93

-2.83 -2.34%
Volume: 2,949,877
Track FSLR

PLL 33.23

-0.11 -0.33%
Volume: 839,728
Track PLL

SAY 5.24

-0.06 -1.13%
Volume: 819,907
Track SAY

SINA 40.76

+0.36 +0.89%
Volume: 1,673,429
Track SINA

SNY 36.70

-0.35 -0.94%
Volume: 1,286,548
Track SNY

X 37.38

+0.57 +1.55%
Volume: 13,744,723
Track X

YHOO 15.94

+0.04 +0.25%
Volume: 13,564,323
Track YHOO

ZEUS 25.81

+0.26 +1.02%
Volume: 257,975
Track ZEUS


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