Notable Analyst Rating Changes 6/11: RF, FITB, BBT, HBAN, STI, BAC, GSK Upgraded; UNH, TIN, ALV, VPRT Downgraded

June 11, 2009 10:32 AM EDT

UPGRADES:
Goldman Sachs upgraded Regions Financial (NYSE: RF) from Neutral to Buy with a $5 price target, Fifth Third (Nasdaq: FITB) from Neutral to Buy, target raised to $8.50, BB & T Corp. (NYSE: BBT) from Sell to Neutral, $24 target, Huntington Bancshares Inc. (Nasdaq: HBAN) from Sell to Neutral, $4.50 target and SunTrust Banks, Inc. (NYSE: STI) from Sell to Neutral, target raised to $18.

Keefe, Bruyette & Woods upgrades Bank of America (NYSE: BAC) to Outperform. Price target increased to $16.50. Click here for more color.

Morgan Stanley upgrades GlaxoSmithKline plc (NYSE: GSK) from Underweight to Equal Weight as part of its raised rating on the European Pharma sector to Attractive. The firm cited valuation for the call.

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

DOWNGRADES:
Oppenheimer is downgrading UnitedHealth Group (NYSE: UNH) to Underperform from Perform, and reducing their price target from $32 to $24. Click here for the full report.

UBS downgrades Temple-Inland (NYSE: TIN) from Buy to Neutral.

Bank of America downgrades Autoliv (NYSE: ALV) from Buy to Neutral.

Citi downgrades VistaPrint Ltd (Nasdaq: VPRT) from Buy to Hold.

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

NEW COVERAGE:
Piper Jaffray & Co. initiates coverage on MasterCard (NYSE: MA) with a Buy. Price target $222. Click here to see more color on the coverage.

Societe Generale initiates coverage on Schlumberger (NYSE: SLB) with a Buy.

Morgan Joseph initiates coverage on Mattel (NYSE: MAT) with a Buy. Price target $20. Click here for the full report.

Brean Murray initiates coverage on NPS Pharmaceuticals (Nasdaq: NPSP) with a Buy. Price target $11. Click here for more color.

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


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Stocks Mentioned

ALV 38.48

+1.40 +3.78%
Volume: 754,096
Track ALV

BAC 15.98

+0.21 +1.33%
Volume: 79,250,275
Track BAC

BBT 24.95

-0.28 -1.11%
Volume: 1,224,966
Track BBT

FITB 9.69

-0.04 -0.41%
Volume: 4,802,211
Track FITB

GSK 41.29

-0.08 -0.19%
Volume: 400,184
Track GSK

HBAN 3.82

-0.12 -3.05%
Volume: 5,397,359
Track HBAN

MA 238.62

-3.57 -1.47%
Volume: 684,145
Track MA

MAT 20.29

-0.04 -0.20%
Volume: 756,764
Track MAT

NPSP 3.05

-0.09 -2.87%
Volume: 68,377
Track NPSP

RF 4.85

-0.11 -2.22%
Volume: 6,697,772
Track RF

SLB 65.07

-0.06 -0.09%
Volume: 2,010,502
Track SLB

STI 20.47

-0.53 -2.52%
Volume: 2,109,348
Track STI

TIN 16.02

-0.31 -1.90%
Volume: 239,724
Track TIN

UNH 28.73

-0.40 -1.37%
Volume: 2,444,338
Track UNH

VPRT 55.22

+0.07 +0.13%
Volume: 145,846
Track VPRT


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