Notable Analyst Rating Changes: CSX, UNH, DF, TS Upgraded; SNDK, INTC, VALE Upgraded

November 3, 2009 11:22 AM EST

UPGRADES:
Stifel Nicolaus upgraded shares of CSX Corp. (NYSE: CSX) from Hold to Buy. The analyst also set a $51 price target on the stock.

Morgan Stanley upgrades UnitedHealth Group (NYSE: UNH) from Equalweight to Overweight. Price target $33.

Stephens & Co upgrades Dean Foods (NYSE: DF) from Equalweight to Overweight, sets price target of $20. Stifel Nicolaus also upgraded Dean Foods from Hold to Buy, and set a price target $20.

Jefferies & Co upgrades Tenaris S.A. (NYSE: TS) from Hold to Buy. Price target increased from $30 to $44.

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

DOWNGRADES:
Wedbush downgrades SanDisk (NASDAQ: SNDK) from Neutral to Underperform. Price target lowered from $24 to $17. Click Here for more color.

Morgan Stanley downgraded Intel (NASDAQ: INTC) from Overweight to Equal Weight. Morgan also downgraded other U.S. Semiconductor's. Click Here for more color.

Raymond James downgrades VALE S.A. (NASDAQ: VALE) from Buy to Hold.

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

NEW COVERAGE:
Deutsche Bank, Bank of America, Morgan Stanley, and Lazard initiate coverage on A123 Systems (NASDAQ: AONE) with Hold, Underperform, Equalweight, and Buy ratings, respectively. Deutsche and Bank of America also set a price target of $17 on A123.

Oppenheimer initiates coverage on Vitacost.com (NASDAQ: VITC) with an Outperform rating, sets a price target of $14. Needham & Co and Jefferies & Co also initiated coverage on Vitacost.com with Buy ratings, and price targets of $13.50 and $15, respectively.

Goldman Sachs, bank of America, Deutsche Bank, KBW initiate coverage on Artio Global Investors (NYSE: ART) with Buy, Neutral, Hold, and Outperform, respectively. The firms also set price target of $31, $25m $26, and $30, respectively. Click Here for more color from KBW. Click Here for more color from Deutsche Bank.

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


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Stocks Mentioned

AONE 15.88

-0.34 -2.10%
Volume: 1,808,276
Track AONE

ART 22.88

-1.07 -4.47%
Volume: 290,317
Track ART

CSX 47.53

-0.67 -1.39%
Volume: 1,951,897
Track CSX

DF 16.07

-0.12 -0.74%
Volume: 1,107,494
Track DF

INTC 19.11

-0.23 -1.19%
Volume: 35,747,631
Track INTC

SNDK 19.66

-0.65 -3.20%
Volume: 2,603,648
Track SNDK

TS 40.01

-1.66 -3.98%
Volume: 1,210,454
Track TS

UNH 29.44

-0.10 -0.34%
Volume: 5,456,413
Track UNH

VALE 28.85

-0.68 -2.30%
Volume: 17,530,155
Track VALE

VITC 8.00

-0.11 -1.36%
Volume: 92,610
Track VITC


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