Notable Analyst Rating Changes 6/5: NVDA, SGP, UAUA Upgraded; PFE, MOT, CAT, HAYN Downgraded
StreetInsider.com Notable Analyst Rating Changes:
UPGRADES:
Goldman Sachs upgrades NVIDIA (Nasdaq: NVDA) from Neutral to Buy.
Goldman Sachs upgrades Schering-Plough (NYSE: SGP) from Neutral to Buy.
Soleil Securities upgrades UAL Corporation (NASDAQ: UAUA) from Sell to Hold and raises their price target from $7 to $11. Lehman also upgraded UAL from Equal Weight to Overweight with a price target of $16.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Goldman Sachs downgrades Pfizer (NYSE: PFE) from Buy to Neutral.
Oppenheimer downgrades Motorola (NYSE: MOT) from Perform to Underperform, citing recent channel check indicate possible miss in company's guidance due to slowing handset shipments.
UBS downgrades Caterpillar (NYSE: CAT) from Neutral to Sell.
J.P. Morgan downgrades Haynes (Nasdaq: HAYN) from Overweight to Neutral.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Friedman Billings Ramsey reinstates coverage on Advanced Micro Devices Inc. (NYSE: AMD) with a Market Perform rating and $8 price target.
Friedman Billings reinitiates coverage on Intel (Nasdaq: INTC) with a Market Perform rating.
Brean Murray assumes coverage on Harmonic (NASDAQ: HLIT) with a Buy rating and a $13 price target.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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