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 37.86

-1.30 -3.32%
Volume: 991,467
Track ATHN

CSX 51.51

-0.34 -0.66%
Volume: 3,713,876
Track CSX

HIG 27.26

-0.58 -2.08%
Volume: 19,144,430
Track HIG

KMX 23.64

-0.24 -1.01%
Volume: 1,355,800
Track KMX

MAS 15.00

-0.51 -3.29%
Volume: 5,814,932
Track MAS

MRVL 20.06

-0.25 -1.23%
Volume: 9,936,024
Track MRVL

OMTR 21.52

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

STT 45.95

-0.29 -0.63%
Volume: 4,840,877
Track STT

VRX 40.35

-0.26 -0.64%
Volume: 1,107,317
Track VRX

X 59.24

-0.69 -1.15%
Volume: 15,138,737
Track X


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