Notable Analyst Rating Changes 5/1: RIMM, IRM, OMCL Upgraded; SQNM, GIGM, KEX Downgraded

May 1, 2009 11:58 AM EDT

UPGRADES:
UBSupgrades Research In Motion (Nasdaq: RIMM) from Neutral to Buy, and also raised its price target by 38% from $65 to $90.

Benchmark upgrades Iron Mountain (NYSE: IRM) from Hold to Buy. Price target $35.

Auriga upgrades Omnicell (Nasdaq: OMCL) from Hold to Buy. Price target increased from $8 to $11.

Auriga upgrades McAfee (NYSE: MFE) from Sell to Hold.

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

DOWNGRADES:
Cantor Fitzgerald downgrades Sequenom (Nasdaq: SQNM) from Buy to Hold.

Cantor Fitzgerald downgrades Kirby (NYSE: KEX) from Buy to Hold.

Benchmark downgrades GigaMedia (Nasdaq: GIGM) from Buy to Hold.

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

NEW COVERAGE:
KeyBanc initiates covearge on Flowers Foods, Inc. (NYSE: FLO) with a Buy. Price target $27.

KeyBanc initiates coverage on Diamond Foods, (Nasdaq: DMND) with a Buy rating and a price target of $32.

Thomas Weisel initiates coverage on Goodrich Petroleum (NYSE: GDP) with an Underweight. Price target $18.

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


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Stocks Mentioned

DMND 31.64

+0.50 +1.61%
Volume: 93,874
Track DMND

FLO 23.08

+0.01 +0.04%
Volume: 720,372
Track FLO

GDP 22.15

-0.57 -2.51%
Volume: 408,936
Track GDP

GIGM 4.01

+0.03 +0.75%
Volume: 403,710
Track GIGM

IRM 24.05

+0.05 +0.21%
Volume: 2,255,935
Track IRM

KEX 34.30

+0.22 +0.65%
Volume: 253,029
Track KEX

MFE 39.50

+0.02 +0.05%
Volume: 1,401,540
Track MFE

OMCL 10.63

+0.28 +2.71%
Volume: 84,605
Track OMCL

RIMM 59.81

+0.08 +0.13%
Volume: 12,728,297
Track RIMM

SQNM 4.24

+0.21 +5.21%
Volume: 13,441,000
Track SQNM


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