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 2.55

+0.11 +4.51%
Volume: 58,900
Track AUDC

EOG 88.90

+2.41 +2.79%
Volume: 985,921
Track EOG

GOOG 589.79

+6.79 +1.16%
Volume: 1,519,418
Track GOOG

HOG 29.44

+0.30 +1.03%
Volume: 1,287,649
Track HOG

KMP 57.11

-1.15 -1.97%
Volume: 3,361,835
Track KMP

KR 23.08

+0.34 +1.50%
Volume: 2,789,412
Track KR

LYG 5.25

-0.15 -2.78%
Volume: 1,672,384
Track LYG

NFLX 57.68

-0.95 -1.62%
Volume: 1,062,691
Track NFLX

NOK 13.43

+0.17 +1.28%
Volume: 8,477,822
Track NOK

NTRI 25.65

+0.95 +3.85%
Volume: 359,290
Track NTRI

PFE 18.73

+0.56 +3.08%
Volume: 38,401,399
Track PFE

SAI 17.90

+0.08 +0.45%
Volume: 1,342,855
Track SAI

SHAW 29.41

+0.88 +3.08%
Volume: 597,132
Track SHAW

STI 23.25

-0.38 -1.61%
Volume: 5,310,778
Track STI

WSM 21.08

+0.76 +3.74%
Volume: 1,341,853
Track WSM


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