Notable Analyst Rating Changes 10/16: GOOG, LYG, KR, HOG, NTRI, AUDC upgrade; NOK, KMP, WSM, SHAW, NFLX Downgrade

October 16, 2009 10:45 AM EDT

UPGRADES:
Benchmark upgrades Google (Nasdaq: GOOG) from Hold to Buy. Click Here for more color.

Deutsche Bank upgrades Lloyds Banking Group (NYSE: LYG) to a Buy. For more color Click Here

BB&T Capital upgrades Kroger (NYSE: KR) from Hold to Buy. Price target $30.

An analyst at RBC Capital has upgraded shares of Harley-Davidson (NYSE: HOG) to Outperform.

Janney Montgomery Scott upgrades NutriSystem (Nasdaq: NTRI) from Neutral to Buy, price target increased from $16 to $24. Click Here for more color.

BofA Merrill Lynch upgrades AudioCodes (Nasdaq: AUDC) two-notches from Underperform to Buy. The firm raised its price target from $1.75 to $3.50

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

DOWNGRADES:
RBS downgrades Nokia (NYSE: NOK) to Hold from Buy.

Morgan Stanley downgrades Kinder Morgan Partners (NYSE: KMP) from Equalweight to Underweight. price target $57.

Goldman Sachs downgrades Williams-Sonoma, Inc. (NYSE: WSM) from Buy to Neutral but raised their price target from $21 to $24.

Robert W. Baird downgrades Shaw Group (NYSE: SHAW) from Outperform to Neutral with a $32 price target.

Caris & Co. downgrades Netflix (Nasdaq: NFLX) from Buy to Above Average.

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

NEW COVERAGE:
J.P. Morgan resumes coverage on Pfizer (NYSE: PFE) with an Overweight rating. Price target $21.

BMO Capital initiates coverage on SunTrust (NYSE: STI) with a Market Perform rating. Price target $25.

FBR Capital re-initiates coverage of EOG Resources, Inc. (NYSE: EOG) with a Market Perform rating and a 12-month price target of $80/share,

Credit Suisse initiates coverage on SAIC, Inc (NYSE: SAI) with an Outperform rating. Price target $22.

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


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Stocks Mentioned

AUDC 2.51

-0.04 -1.57%
Volume: 48,274
Track AUDC

EOG 89.71

+1.16 +1.31%
Volume: 2,136,586
Track EOG

GOOG 585.74

+2.65 +0.45%
Volume: 1,461,405
Track GOOG

HOG 29.10

+0.32 +1.11%
Volume: 2,420,525
Track HOG

KMP 57.66

+0.46 +0.80%
Volume: 668,851
Track KMP

KR 23.04

-0.03 -0.13%
Volume: 5,060,457
Track KR

LYG 6.20

+0.03 +0.49%
Volume: 1,155,386
Track LYG

NFLX 59.22

-0.45 -0.75%
Volume: 1,087,686
Track NFLX

NOK 13.53

+0.19 +1.42%
Volume: 12,678,186
Track NOK

NTRI 25.01

+0.54 +2.21%
Volume: 580,054
Track NTRI

PFE 18.59

+0.28 +1.53%
Volume: 42,137,020
Track PFE

SAI 18.15

+0.20 +1.11%
Volume: 1,469,961
Track SAI

SHAW 28.89

-0.07 -0.24%
Volume: 1,154,402
Track SHAW

STI 22.70

-0.14 -0.61%
Volume: 4,634,268
Track STI

WSM 21.25

+0.04 +0.19%
Volume: 2,510,308
Track WSM


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