Notable Analyst Rating Changes 5/21: TGT, FCX, CME, THC, CSIQ Upgraded; PETM, VALE, POT Downgraded

May 21, 2009 10:10 AM EDT

UPGRADES:
UBS upgrades Target (NYSE: TGT) from Neutral to Buy. Price target $52.

JP Morgan upgrades Freeport-McMoRan (NYSE: FCX) from Neutral to Overweight.

Goldman Sachs upgrades CME Group Inc. (NYSE: CME) from Neutral to Buy and raised its price target from $215 to $330.

Barclays upgrades Tenet Healthcare (NYSE: THC) from Equalweight to Overweight.

Oppenheimer upgrades Canadian Solar (Nasdaq: CSIQ) from Perform to Outperform. Price target $14.

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

DOWNGRADES:
Goldman Sachs downgrades PetSmart (Nasdaq: PETM) from Buy to Neutral.

Morgan Stanley downgrades Vale (Nasdaq: VALE) from Equalweight to Underweight.

TD Newcrest downgrades Potash Corp. of Saskatchewan (NYSE: POT) from Buy to Hold. Click here for more color.

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

NEW COVERAGE:
Soleil Securities initiates coverage on Marriott International (NYSE: MAR) with a Buy. Price target $30.

William Blair initiates coverage on Perrigo (Nasdaq: PRGO) with an Outperform.

Soleil Securities initiates coverage on Priceline.com (Nasdaq: PCLN) with a Hold. Price target $112.

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


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Stocks Mentioned

CME 330.63

+0.62 +0.19%
Volume: 681,937
Track CME

CSIQ 23.00

-0.22 -0.95%
Volume: 1,378,663
Track CSIQ

FCX 79.87

-3.93 -4.69%
Volume: 22,227,276
Track FCX

MAR 27.17

+1.35 +5.23%
Volume: 7,311,356
Track MAR

PCLN 220.72

+0.71 +0.32%
Volume: 1,408,264
Track PCLN

PETM 26.33

+0.38 +1.46%
Volume: 1,396,826
Track PETM

POT 117.06

-3.15 -2.62%
Volume: 10,289,505
Track POT

PRGO 39.49

+0.09 +0.23%
Volume: 496,764
Track PRGO

TGT 45.64

-0.71 -1.53%
Volume: 17,511,666
Track TGT

THC 4.75

-0.12 -2.46%
Volume: 9,374,697
Track THC

VALE 28.22

-0.67 -2.32%
Volume: 27,002,856
Track VALE


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