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 28.61

+0.02 +0.07%
Volume: 69,065
Track CMA

CRDN 17.11

+0.02 +0.12%
Volume: 8,059
Track CRDN

DB 75.08

+0.40 +0.54%
Volume: 124,219
Track DB

DNDN 27.53

+0.33 +1.21%
Volume: 116,366
Track DNDN

FSLR 119.28

+0.03 +0.03%
Volume: 158,854
Track FSLR

PLL 32.35

-0.10 -0.31%
Volume: 41,111
Track PLL

SAY 4.30

-0.75 -14.85%
Volume: 2,976,695
Track SAY

SINA 44.28

-0.19 -0.43%
Volume: 100,820
Track SINA

SNY 39.18

+0.55 +1.42%
Volume: 341,993
Track SNY

X 42.44

+0.40 +0.95%
Volume: 1,069,033
Track X

YHOO 15.23

-0.01 -0.07%
Volume: 2,174,043
Track YHOO

ZEUS 28.13

+0.12 +0.43%
Volume: 3,580
Track ZEUS


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