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 29.86

+0.35 +1.19%
Volume: 238,906
Track DMND

FLO 23.85

+0.00 +0.00%
Volume: 479,191
Track FLO

GDP 25.22

+0.37 +1.49%
Volume: 1,235,003
Track GDP

GIGM 3.79

-0.02 -0.52%
Volume: 333,582
Track GIGM

IRM 25.15

+0.12 +0.48%
Volume: 984,107
Track IRM

KEX 34.79

+0.16 +0.46%
Volume: 481,550
Track KEX

MFE 42.31

+0.21 +0.50%
Volume: 1,586,399
Track MFE

OMCL 10.12

+0.03 +0.30%
Volume: 62,368
Track OMCL

RIMM 58.72

+0.93 +1.61%
Volume: 14,975,852
Track RIMM

SQNM 3.21

+0.09 +2.88%
Volume: 1,715,397
Track SQNM


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