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Notable Analyst Rating Changes 01/12: VZ, SYMC, ACAS, SLE Upgraded; GE, GS, AKS, VOD Downgraded

January 12, 2011 11:12 AM EST
UPGRADES
Goldman Sachs upgrades Verizon Communications (NYSE: VZ) from Neutral to Buy, raising their price target from $34 to $42. Click Here for more color.

Citi upgraded Symantec (Nasdaq: SYMC) from Hold to Buy, with a price target increased from $16 to $22.

Macquarie upgrades American Capital (Nasdaq: ACAS) from Neutral to Outperform, with a price target increased from $9 to $11.

Argus upgrades Sara Lee (NYSE: SLE) from Sell to Hold.

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

DOWNGRADES
Bernstein downgrades General Electric (NYSE: GE) from Outperform to Market Perform.

JPMorgan downgraded Goldman Sachs (NYSE: GS) from Overweight to Neutral wiht a $175 price target.

UBS downgrades AK Steel (NYSE: AKS) from Neutral to Sell.

Barclays downgrades Vodafone (Nasdaq: VOD) from Overweight to Equalweight.

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

NEW COVERAGE
Credit Suisse initiates coverage on Stillwater Mining (NYSE: SWC) with a Outperform, and $28 price target.

Morgan Stanley initiates coverage on Eastman Chemical (NYSE: EMN) with a Overweight, and price target of $110.

Barclays initiates coverage on HSBC Holdings (NYSE: HBC) with a Overweight.

Credit Suisse initiates coverage on Huntington Bancshares (Nasdaq: HBAN) with an Outperform, and $9 price target.

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

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Credit Suisse, UBS, JPMorgan, Citi, Morgan Stanley, Barclays, Argus, HSBC, Notable Analyst Rating Changes

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