Notable Analyst Rating Changes 4/30: OXPS, SNY, LAMR Upgraded; SQNM, GT, ITRI Downgraded

April 30, 2009 10:08 AM EDT

UPGRADES:
Goldman Sachs upgrades optionsXpress Holdings, Inc. (Nasdaq: OXPS) from Sell to Neutral and removed the stock from its Conviction Sell List.

J.P. Morgan upgrades Sanofi-Aventis (NYSE: SNY) from Neutral to Overweight.

Soleil Securities upgrades CBS Corp. (NYSE: CBS) from Hold to Buy. Price target increased from $5 to $9.

J.P. Morgan upgrades Pzena Investment Management (NYSE: PZN) from Underweight to Overweight.

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

DOWNGRADES:
Cantor Fitzgerald downgrades Sequenom (Nasdaq: SQNM) from Buy to Hold. Price target slashed to $4 from $42.

Citi downgrades Goodyear Tire & Rubber Co (NYSE: GT) from Buy to Hold. Price target increased from $9 to $12.

Wachovia downgrades Itron, Inc. (Nasdaq: ITRI) from Outperform to Market Perform. Valuation Range: $45 to $47.

UBS downgrades Costco (Nasdaq: COST) from Buy to Neutral. Price target $52.

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

NEW COVERAGE:
RBC Capital initiates coverage on BHP Billiton (NYSE: BHP) with an Outperform.

Soleil Securities initiates coverage on Kindred Healthcare (NYSE: KND) with a Hold. Price target $15.50.

Soleil Securities initiates coverage on Sun Healthcare Group (Nasdaq: SUNH) with a Hold. Price target $11.50.

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


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Stocks Mentioned

BHP 77.92

+0.02 +0.03%
Volume: 3,221,935
Track BHP

CBS 12.99

-0.03 -0.23%
Volume: 7,548,025
Track CBS

COST 59.14

-1.73 -2.84%
Volume: 6,733,411
Track COST

GT 13.79

-0.26 -1.85%
Volume: 2,483,912
Track GT

ITRI 62.33

+0.45 +0.73%
Volume: 152,382
Track ITRI

KND 15.20

-0.16 -1.04%
Volume: 131,556
Track KND

OXPS 14.90

-0.09 -0.60%
Volume: 315,287
Track OXPS

PZN 7.07

-0.14 -1.94%
Volume: 35,656
Track PZN

SNY 39.74

-0.01 -0.03%
Volume: 840,744
Track SNY

SQNM 4.37

+0.13 +3.07%
Volume: 13,411,391
Track SQNM

SUNH 8.85

+0.04 +0.45%
Volume: 124,849
Track SUNH


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