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 306.62

+0.41 +0.13%
Volume: 574,108
Track CME

CSIQ 16.78

+0.10 +0.60%
Volume: 1,030,368
Track CSIQ

FCX 79.56

+0.06 +0.08%
Volume: 13,426,404
Track FCX

MAR 26.13

+0.04 +0.15%
Volume: 2,678,865
Track MAR

PCLN 172.00

+3.99 +2.37%
Volume: 1,500,185
Track PCLN

PETM 24.15

+0.14 +0.58%
Volume: 1,017,559
Track PETM

POT 96.25

+0.60 +0.63%
Volume: 3,407,545
Track POT

PRGO 39.18

+0.44 +1.14%
Volume: 713,814
Track PRGO

TGT 49.70

+0.00 +0.00%
Volume: 5,293,301
Track TGT

THC 5.11

-0.12 -2.29%
Volume: 6,251,717
Track THC

VALE 27.49

-0.06 -0.22%
Volume: 20,164,390
Track VALE


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