Notable Analyst Rating Changes 7/1: YUM, TRW, MGA, MVL Upgraded; FRPT, NDAQ, BEAT, MYGN Downgraded

July 1, 2009 9:39 AM EDT

UPGRADES:
Goldman Sachs upgrades Yum! Brands (NYSE: YUM) from Neutral to Buy and raises their price target from $36 to $40.

Bank of America upgrades TRW Automotive (NYSE: TRW) from Underperform to Neutral. Price target increased to $11.50.

Bank of America upgrades Magna (NYSE: MGA) from Underperform to Buy. The firm also upgraded a host of other auto suppliers.

J.P. Morgan upgrades Marvel (NYSE: MVL) from Neutral to Overweight.

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

DOWNGRADES:
Collins Stewart downgrades Force Protection (Nasdaq: FRPT) to Hold. Click here for more color on the downgrade.

Deutsche Bank downgrades NASDAQ OMX (Nasdaq: NDAQ) from Buy to Hold. Price target $23. Click here for the full report.

Citi and Roth Capital downgrade CardioNet (Nasdaq: BEAT) to Hold.

Oppenheimer downgrades Myriad Genetics (Nasdaq: MYGN) from Outperform to Perform.

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

NEW COVERAGE:
Oppenheimer initiates coverage on IAC/InterActiveCorp (Nasdaq: IACI) with an Outperform rating and $19 price target.

Bank of America resumes coverage on Peabody Energy (NYSE: BTU) with a Buy. Price target $38.

ThinkEquity initiates coverage on OpenTable (Nasdaq: OPEN) with a Buy. Price target $35.

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


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Stocks Mentioned

BEAT 5.13

-0.15 -2.84%
Volume: 442,375
Track BEAT

BTU 43.89

-0.61 -1.37%
Volume: 6,093,703
Track BTU

FRPT 5.46

+0.34 +6.64%
Volume: 2,377,664
Track FRPT

IACI 19.65

+0.04 +0.20%
Volume: 2,030,983
Track IACI

MGA 50.47

-0.06 -0.12%
Volume: 1,060,707
Track MGA

MVL 51.26

+0.08 +0.16%
Volume: 809,540
Track MVL

MYGN 23.85

+1.00 +4.38%
Volume: 3,553,781
Track MYGN

NDAQ 18.39

-0.31 -1.66%
Volume: 1,895,928
Track NDAQ

OPEN 27.45

+0.30 +1.10%
Volume: 38,163
Track OPEN

TRW 23.25

+0.12 +0.52%
Volume: 2,989,492
Track TRW

YUM 35.58

-0.22 -0.61%
Volume: 2,977,426
Track YUM


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