Notable Analyst Rating Changes 5/26: AAPL, BAC, TM, YGE, Q Upgraded; FSLR, MWW, UNFI Downgraded

May 26, 2009 9:55 AM EDT

UPGRADES:
Morgan Stanley upgrades Apple (Nasdaq: AAPL) from Equal Weight to Overweight, saying iPhone sales will drive better-than-expected earnings the next two years. Click here for full color on the upgrade.

FBR Capital upgrades Bank of America (NYSE: BAC) from Underperform to Market Perform and maintains their $12 price target.

Bank of America upgrades Toyota Motor Corp. (NYSE: TM) from Underperform to Buy.

Lazard Capital upgrades Yingli Green Energy (NYSE: YGE) from Hold to Buy.

JP Morgan upgrades Qwest (NYSE: Q) from Neutral to Overweight, citing valuation.

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

DOWNGRADES:
FBR Capital downgrades First Solar (Nasdaq: FSLR) from Market Perform to Underperform and maintains their $110 price target, citing falling poly prices. Click here for full color on the report.

Wachovia downgrades Monster Worldwide, Inc. (NYSE: MWW) to Underperform. Here is the full report.

Goldman Sachs downgrades United Natural Foods, Inc. (Nasdaq: UNFI) from Neutral to Sell, citing valuation after stock run-up.

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

NEW COVERAGE:
Citi resumes coverage on Sohu.com (Nasdaq: SOHU) with a Buy. Price target $75. Click here for the full report.

Citi initiates coverage on Changyou (Nasdaq: CYOU) with a Buy rating and $45 target price.

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


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Stocks Mentioned

AAPL 196.48

+0.25 +0.13%
Volume: 16,020,248
Track AAPL

BAC 15.76

+0.11 +0.70%
Volume: 651,303,644
Track BAC

CYOU 32.04

-0.81 -2.47%
Volume: 100,852
Track CYOU

FSLR 128.12

+6.41 +5.27%
Volume: 5,305,699
Track FSLR

MWW 15.03

-0.08 -0.53%
Volume: 1,395,509
Track MWW

Q 3.93

+0.00 +0.00%
Volume: 29,647,502
Track Q

SOHU 53.98

-1.02 -1.85%
Volume: 685,271
Track SOHU

TM 84.59

+2.61 +3.18%
Volume: 689,744
Track TM

UNFI 25.75

-0.25 -0.96%
Volume: 338,888
Track UNFI

YGE 15.09

+0.35 +2.37%
Volume: 5,927,240
Track YGE


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