Notable Analyst Rating Changes 6/9: X, CSX, OMTR, MRVL Higher; HIG, VRX, MAS Lower

June 9, 2009 9:40 AM EDT

UPGRADES:
Morgan Stanley upgrades U.S. Steel (NYSE: X) from Equal-weight to Overweight.

Goldman Sachs upgrades CSX Corp. (NYSE: CSX) from Neutral to Buy and raises their price target from $36 to $40.

Morgan Stanley upgrades Omniture (Nasdaq: OMTR) from Equalweight to Overweight. Click here to see full color on the upgrade.

JMP Securities upgrades Marvell Technology (Nasdaq: MRVL) from Underperform to Outperform.

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

DOWNGRADES:
Citigroup downgrades Hartford Financial (NYSE: HIG) from Buy to Hold and lowers their price target from $21 to $19, citing a management vacuum after Chairman/CEO Ayer announced plans to retire.

Wachovia downgrades Valeant Pharmaceuticals (NYSE: VRX) to Underperform. Valuation Range: $15 to $17. Click here for the full report.

UBS downgrades Masco (NYSE: MAS) from Neutral to Sell.

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

NEW COVERAGE:
Sanford C. Bernstein initiates coverage on State Street (NYSE: STT) with an Outperform rating.

Brean Murray Initiates Coverage on athenahealth (Nasdaq: ATHN) with a Buy. Click here for more color on the coverage.

J.P. Morgan initiates coverage on CarMax (NYSE: KMX) with a Neutral rating. Price target $15.

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


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Stocks Mentioned

ATHN 42.89

+0.99 +2.36%
Volume: 456,780
Track ATHN

CSX 48.82

+1.34 +2.82%
Volume: 3,824,343
Track CSX

HIG 24.48

+0.02 +0.08%
Volume: 8,224,875
Track HIG

KMX 20.16

+0.28 +1.41%
Volume: 1,308,796
Track KMX

MAS 13.91

+0.33 +2.43%
Volume: 6,667,403
Track MAS

MRVL 16.03

+0.61 +3.96%
Volume: 8,370,177
Track MRVL

OMTR 21.52

+0.00 +0.00%
Volume: 3,264,159
Track OMTR

STT 42.72

+1.42 +3.44%
Volume: 6,920,761
Track STT

VRX 32.36

-0.33 -1.01%
Volume: 762,286
Track VRX

X 45.18

+0.52 +1.16%
Volume: 10,082,930
Track X


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