Notable Analyst Rating Changes 6/26: ITW, DB, AAUK Upgraded; JAZZ, OSG, TWB Downgraded

June 26, 2009 9:44 AM EDT

UPGRADES:
Wachovia upgrades Illinois Tool Works (NYSE: ITW) from Market Perform to Outperform. Valuation range: $45 to $48. Click here for more color on the upgrade.

UBS upgrades Deutsche Bank (NYSE: DB) from Neutral to Buy.

Barclays upgrades Anglo American (Nasdaq: AAUK) from Equalweight to Overweight.

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

DOWNGRADES:
Barclays downgrades Jazz Pharma (Nasdaq: JAZZ) from Overweight to Underweight and lowers its price target from $8 to $5.

FBR Capital downgrades Overseas Shipholding Group Inc. (NYSE: OSG) from Outperform to Market Perform and lowered its price target from $37 to $34, citing a balanced risk/reward profile at this price.

Susquehanna downgrades Tween Brands (NYSE: TWB) from Positive to Neutral. Click here to see the full report.

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

NEW COVERAGE:
Citi starts Caterpillar (NYSE: CAT) with a Hold, price target $36, Eaton (NYSE: ETN) with a Buy, price target $55, Cummins (NYSE: CMI) at Buy and Deere (NYSE: DE) at Buy.

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


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Stocks Mentioned

AAUK 16.12

+0.00 +0.00%
Volume: 2,288,451
Track AAUK

CAT 58.30

+0.10 +0.17%
Volume: 10,448,305
Track CAT

CMI 43.70

+0.65 +1.51%
Volume: 2,304,420
Track CMI

DB 73.70

+0.95 +1.31%
Volume: 608,705
Track DB

DE 54.24

-0.16 -0.29%
Volume: 10,537,374
Track DE

ETN 66.21

+1.59 +2.46%
Volume: 1,853,743
Track ETN

ITW 48.49

+0.19 +0.39%
Volume: 3,001,215
Track ITW

JAZZ 7.46

-0.01 -0.13%
Volume: 158,820
Track JAZZ

OSG 40.54

+0.45 +1.12%
Volume: 465,443
Track OSG

TWB 10.45

+0.00 +0.00%
Volume: 1,844,767
Track TWB


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