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Notable Analyst Rating Changes 01/02: (WAG) (X) (MAR) Upgraded; (SKUL) (LNKD) (KSS) Downgraded

January 2, 2013 10:43 AM EST Send to a Friend
UPGRADES
Raymond James upgrades Walgreen (NYSE: WAG) from Market Perform to Outperform with a price target of $45.

Credit Suisse lifts US Steel (NYSE: X) from Neutral to Outperform.

SunTrust Robinson Humphrey raises Marriott International (NYSE: MAR) from Neutral to Buy with a price target of $45.

Miller Tabak boosts Archer Daniels Midland (NYSE: ADM) from Neutral to Buy, adjusting its price target from $26 up to $34.

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

DOWNGRADES
Jefferies cuts Skullcandy (Nasdaq: SKUL) from Buy to Underperform, slashing its price target from $17 to $6. Click Here for more color.

Barclays trims LinkedIn (NYSE: LNKD) from Overweight to Equalweight with a price target of $125.

Buckingham Research downgrades Kohl's (NYSE: KSS) from Buy to Neutral.

ISI Group lowers Diamondrock Hospitality (NYSE: DRH) from Buy to Hold.

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

NEW COVERAGE
AbbVie (NYSE: ABBV) started by two firms today:
  • BMO Capital at Outperform and $39 target; and

  • JPMorgan with an Overweight and price target of $38.

JPMorgan begins Dynavax Technologies (Nasdaq: DVAX) with a Neutral and $2.85 price target.

DA Davidson starts Lam Research (Nasdaq: LRCX) with a Buy and $56 price target.

Cowen assumes Facebook (Nasdaq: FB) at Neutral.

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

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Credit Suisse, JPMorgan, Raymond James, Jefferies & Co, BMO Capital, D.A. Davidson, SunTrust Robinson Humphrey, Barclays, Buckingham Research, Notable Analyst Rating Changes, Cowen & Co

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