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Notable Analyst Rating Changes 01/07: (AMZN) (WAG) (INTC) Upgraded; (YHOO) (LOW) (ASML) Downgraded

January 7, 2013 10:20 AM EST
UPGRADES
Morgan Stanley upgrades Amazon.com (Nasdaq: AMZN) from Equalweight to Overweight. Click Here for more color.

Jefferies raises Walgreen (NYSE: WAG) from Hold to Buy, adjusting its price target from $40 up to $47. Click Here for more color.

Lazard Capital lifts Intel (Nasdaq: INTC) from Neutral to Buy.

Guggenheim raises Weatherford International (NYSE: WFT) from Neutral to Buy, moving its price target from $12 up to $18.

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

DOWNGRADES
Bernstein downgrades Yahoo! (Nasdaq: YHOO) from Outperform to Market Perform with a $23 price target. Click Here for more color.

Canaccord Genuity cuts Lowe's (NYSE: LOW) from Hold to Sell, adjusting its price target from $25 up to $27. Click Here for more color.

BofA/Merrill Lynch lowers ASML Inc. (Nasdaq: ASML) from Buy to Neutral.

Goldman Sachs reduces Bank of New York Mellon (NYSE: BK) from Neutral to Sell with a price target of $22. Click Here for more color.

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

NEW COVERAGE
SolarCity (Nasdaq: SCTY) started by several firms today:
  • Credit Suisse at Outperform and $22 target;

  • Needham & Company at Buy and $17 target. Click Here for more color;

  • BofA/Merrill Lynch at Buy and price target of $21;

  • Roth Capital with a Buy and $20 target;

  • Goldman Sachs at Buy and $18 target. Click Here for more color.

JPMorgan initiates Archer Daniels Midland (NYSE: ADM) with a Underweight and $28 target.

Evercore Partners starts Broadcom (Nasdaq: BRCM) with an Overweight and price target of $40.

Barclays begins SodaStream International (Nasdaq: SODA) with na Overweight and $55 target.

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

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Credit Suisse, JPMorgan, Morgan Stanley, Jefferies & Co, Needham & Company, Lazard, Roth Capital, Barclays, Notable Analyst Rating Changes, Canaccord Genuity