Notable Analyst Rating Changes 01/17: (TSLA) (WYNN) (AMAT) Upgraded; (INTC) (PM) (RYL) Downgraded

UPGRADES
Tesla (Nasdaq: TSLA) was upgraded by two firms Tuesday:

• Goldman Sachs from Neutral to Buy with a price target of $35. Click Here for more color; and
  
  
• Wunderlich Securities from Hold to Buy, maintaining a price target of $30.

Susquehanna lifts Wynn Resorts (Nasdaq: WYNN) from Neutral to Positive, reducing its price target from $147 to $138.

RBC Capital raises Applied Materials (Nasdaq AMAT) from Sector Perform to Outperform, and raised its price target from $12 to $15.

Goldman Sachs upgrades Monster Beverage (Nasdaq: MNST) from Neutral to Conviction Buy with a price target of $124. Click Here for more color.

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

DOWNGRADES
PMorgan lowers Intel (Nasdaq: INTC) from Overweight to Neutral, while maintaining a $25 price target. Click Here for more color.

Goldman Sachs cuts Philip Morris (NYSE: PM) from Buy to Neutral with a price target of $80. Click Here for more color.

Ryland Homes (NYSE: RYL) lowered by two firms Tuesday:

• CRT Capital from Buy to Fairly Valued, maintaining its price target of $17.50; and
  
  
• Credit Suisse from Neutral to Underperform.

Wells Fargo reduces Patterson-UTI Energy (Nasdaq: PTEN) from Outperform to Market Perform, lowering its price target range from $28 - $30 to $20 - $22. Click Here for more color.

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

NEW COVERAGE
Brean Murray Carret & Co starts DexCom (Nasdaq: DXCM) with a Buy, and $12.50 price target. Click Here for more color.

Deutsche Bank assumes CONSOL Energy (NYSE: CNX) with a Buy, and $50 price target. Click Here for more color.

Brean Murray Carret & Co. initiates Insulet Corporation (Nasdaq: PODD) with a Buy, and price target of $24. Click Here for more color.

Deutsche Bank begins Steel Dynamics (Nasdaq: STLD) with a Buy, and $19 price target. Click Here for more color.

Goldman Sachs resumes Commercial Metals Company (NYSE: CMC) at Sell and $10 price target.

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

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