Notable Analyst Rating Changes 6/10: YHOO, X, ZEUS, DB Upgraded; SINA, CRDN, FSLR, PLL Downgraded

June 10, 2009 10:02 AM EDT

UPGRADES:
Soleil Securities upgrades Yahoo! (Nasdaq: YHOO) from Hold to Buy. Price target raised from $12 to $20. Click here for the full report.

KeyBanc upgrades US Steel (NYSE: X) and Olympic Steel (Nasdaq: ZEUS) to Buy. Click here for more color on the upgrades.

J.P. Morgan upgrades Deutsche Bank (NYSE: DB) from Underweight to Neutral.

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

DOWNGRADES:
Pali, Deutsche Bank and Citi all downgraded SINA Corp. (Nasdaq: SINA) to Hold, Sell and Sell, respectively. Here is the Pali downgrade.

Wachovia and ThinkEquity downgrade Ceradyne (Nasdaq: CRDN) to Underperform and Accumulate, respectively. Here is more color on the Wachovia downgrade.

Soleil Securities downgrades First Solar, Inc. (Nasdaq: FSLR) from Buy to Hold. Price target increased from $160 to $170. Here is the full report.

Barclays downgrades Pall (NYSE: PLL) from Overweight to Equalweight.

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

NEW COVERAGE:
JP Morgan initiates coverage on Satyam Computer Services Ltd. (NYSE: SAY) with an Overweight rating, saying they see a sharp turnaround in profits.

Citigroup initiates coverage on Dendreon (Nasdaq: DNDN) with a Buy rating and $35 price target, citing the potential of cancer vaccine PROVENGE.

Cowen & Co initiates coverage on Sanofi-Aventis (NYSE: SNY) with a Neutral.

Soleil Securities initiates coverage on Comerica Inc. (NYSE: CMA) with a Buy. Price target $28.50. Here is more color on the coverage.

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


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Stocks Mentioned

CMA 28.39

+0.82 +2.97%
Volume: 1,787,445
Track CMA

CRDN 17.22

+0.55 +3.30%
Volume: 160,702
Track CRDN

DB 75.24

+3.41 +4.75%
Volume: 496,168
Track DB

DNDN 29.31

+0.70 +2.45%
Volume: 2,620,024
Track DNDN

FSLR 119.50

+1.57 +1.33%
Volume: 2,789,448
Track FSLR

PLL 34.05

+0.82 +2.47%
Volume: 506,481
Track PLL

SAY 5.62

+0.38 +7.25%
Volume: 2,427,623
Track SAY

SINA 42.04

+1.28 +3.14%
Volume: 602,908
Track SINA

SNY 37.91

+1.21 +3.30%
Volume: 1,315,970
Track SNY

X 38.71

+1.33 +3.56%
Volume: 8,983,488
Track X

YHOO 16.02

+0.08 +0.50%
Volume: 14,835,481
Track YHOO

ZEUS 26.35

+0.54 +2.09%
Volume: 149,879
Track ZEUS


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