Notable Analyst Rating Changes 6/8: BX, WSM, LYG, STZ Upgraded; GOOG, HOV, STO Downgraded

June 8, 2009 9:50 AM EDT

UPGRADES:
Goldman Sachs upgrades The Blackstone Group (NYSE: BX) from Neutral to Buy with a $13 price target.

Piper Jaffray upgrades Williams-Sonoma (NYSE: WSM) from Neutral to Buy with a $15 price target ahead of its presentation at the Piper Jaffray Consumer conference tomorrow. Click here for more color on the upgrade.

Deutsche Bank upgrades Lloyds Banking Group (NYSE: LYG) from Sell to Buy. Price target increased from 35p to 100p. Click herefor the full report.

Stifel Nicolaus upgrades Constellation Brands (NYSE: STZ) from Hold to Buy. Price target $16.

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

DOWNGRADES:
Benchmark downgraded Google (Nasdaq: GOOG) from Buy to Hold, citing indications of softening
online ad trends. HOV) to Underperform. Valuation Range: $0 to $1. Click here for the full report.

UBS downgrades StatoilHydro (NYSE: STO) from Neutral to Sell.

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

NEW COVERAGE:
Piper Jaffray & Co. initiates coverage on Airgas Inc. (NYSE: ARG) with a Buy. Price target $54. Here is the full report.

Brean Murray initiates coverage on Changyou.com (Nasdaq: CYOU) with a Buy. Price target $47. Here is the full report.

UBS initiates coverage on Sasol Limited (NYSE: SSL) with a Neutral rating.

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


Related Categories

Special Reports

Stocks Mentioned

ARG 48.01

-0.22 -0.46%
Volume: 343,160
Track ARG

BX 15.22

-0.38 -2.44%
Volume: 2,354,372
Track BX

CYOU 33.49

+0.35 +1.06%
Volume: 235,119
Track CYOU

GOOG 566.16

+3.65 +0.65%
Volume: 1,393,212
Track GOOG

HOV 4.08

-0.11 -2.63%
Volume: 7,139,566
Track HOV

LYG 5.68

+0.00 +0.00%
Volume: 600,308
Track LYG

SSL 40.09

-0.06 -0.15%
Volume: 221,696
Track SSL

STO 25.00

-0.40 -1.57%
Volume: 705,184
Track STO

STZ 16.42

+0.04 +0.24%
Volume: 702,728
Track STZ

WSM 19.98

-0.03 -0.15%
Volume: 860,943
Track WSM


Related Entities


Add Your Comment