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 2.45

-0.06 -2.39%
Volume: 48,439
Track AUDC

EOG 87.23

-2.48 -2.76%
Volume: 902,461
Track EOG

GOOG 579.76

-5.98 -1.02%
Volume: 1,384,523
Track GOOG

HOG 28.69

-0.41 -1.41%
Volume: 1,384,073
Track HOG

KMP 57.71

+0.05 +0.09%
Volume: 318,713
Track KMP

KR 22.87

-0.17 -0.74%
Volume: 2,091,899
Track KR

LYG 5.71

-0.49 -7.90%
Volume: 1,688,090
Track LYG

NFLX 57.85

-1.37 -2.31%
Volume: 822,094
Track NFLX

NOK 13.21

-0.32 -2.37%
Volume: 8,118,451
Track NOK

NTRI 24.56

-0.45 -1.80%
Volume: 278,838
Track NTRI

PFE 18.25

-0.34 -1.83%
Volume: 22,830,294
Track PFE

SAI 18.00

-0.15 -0.83%
Volume: 946,885
Track SAI

SHAW 28.60

-0.29 -1.00%
Volume: 728,506
Track SHAW

STI 22.59

-0.11 -0.48%
Volume: 5,473,351
Track STI

WSM 20.87

-0.38 -1.79%
Volume: 1,136,954
Track WSM


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