Notable Analyst Rating Changes 5/22: AAUK, POT, MOS, AGU, ARUN, GPS Upgraded; MON, EGLE,

May 22, 2009 10:27 AM EDT

UPGRADES:
Goldman Sacsh upgrades Anglo American plc (Nasdaq: AAUK) from Neutral to Buy and added the stock to their Convction Buy List. The firm sees rising prices and EBITDA margins at the company.

Citi upgrades Fertilizer Producers Potash (NYSE: POT) & Mosaic (NYSE: MOS) to Buy, Agrium (NYSE: AGU) to Hold. Click here for the full report.

Jefferies, JPMorgan and Wedbush Morgan upgrade Aruba Networks (Nasdaq: ARUN) to Buy, Overweight and Buy, respectively. Click here for color on the Wedbush upgrade.

Stifel Nicolaus upgrades Gap Inc (NYSE: GPS) from Hold to Buy. Price target $20.

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

DOWNGRADES:
Citi downgrades Monsanto (NYSE: MON) from Buy to Hold. Price target lowered from $98 to $95. Click here for the full report.

UBS downgrades Eagle Bulk Shipping (Nasdaq: EGLE) from Buy to Neutral with a $7 price target.

Citi downgrades salesforce.com inc (NYSE: CRM) from Buy to Hold. Price target raised $2 to $37. Click here for the full report.

Lazard Capital Markets downgrades LDK Solar (NYSE: LDK) from Hold to the dreaded Sell.

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

NEW COVERAGE:
RBC Capital initiates coverage on Vale (NYSE: VALE) with a Sector Perfrom rating.

Merriman Curhan initiates coverage on Teradata (NYSE: TDC) with a Neutral.

Raymond James initiates coverage on Canadian National Railway (NYSE: CNI) with an Outperform rating. Price target $55.

Raymond James initiates coverage on Canadian Pacific (NYSE: CP) with an Outperform rating. Price target $50.

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

AGU 52.00

+0.15 +0.29%
Volume: 2,611,165
Track AGU

ARUN 9.22

+0.08 +0.88%
Volume: 1,099,882
Track ARUN

CNI 53.60

+0.04 +0.07%
Volume: 832,677
Track CNI

CP 48.63

+0.10 +0.21%
Volume: 402,380
Track CP

CRM 63.67

+0.18 +0.28%
Volume: 1,586,987
Track CRM

EGLE 4.85

-0.10 -2.02%
Volume: 1,548,515
Track EGLE

GPS 22.68

-0.24 -1.05%
Volume: 10,696,993
Track GPS

LDK 5.81

-0.10 -1.69%
Volume: 2,385,630
Track LDK

MON 73.66

+3.66 +5.23%
Volume: 18,808,077
Track MON

MOS 50.99

+0.77 +1.53%
Volume: 5,210,520
Track MOS

POT 99.61

-0.06 -0.06%
Volume: 4,345,551
Track POT

TDC 30.28

+0.24 +0.80%
Volume: 1,737,573
Track TDC

VALE 28.29

-0.25 -0.88%
Volume: 25,815,999
Track VALE


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