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 28.73

+0.14 +0.49%
Volume: 810,331
Track CMA

CRDN 17.05

-0.04 -0.23%
Volume: 130,879
Track CRDN

DB 75.22

+0.54 +0.72%
Volume: 415,288
Track DB

DNDN 27.69

+0.49 +1.80%
Volume: 1,278,075
Track DNDN

FSLR 120.97

+1.72 +1.44%
Volume: 1,245,511
Track FSLR

PLL 32.72

+0.27 +0.83%
Volume: 599,336
Track PLL

SAY 4.65

-0.40 -7.92%
Volume: 9,578,912
Track SAY

SINA 44.66

+0.19 +0.43%
Volume: 606,357
Track SINA

SNY 39.46

+0.83 +2.15%
Volume: 1,075,038
Track SNY

X 43.67

+1.63 +3.88%
Volume: 7,724,119
Track X

YHOO 15.30

+0.06 +0.39%
Volume: 21,369,626
Track YHOO

ZEUS 28.31

+0.30 +1.07%
Volume: 40,420
Track ZEUS


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