Notable Analyst Rating Changes 02/19: ADBE, SCHW, WBMD, SFI Upgraded; FSLR, ELGX, WIN, AAP Downgraded

February 19, 2010 10:36 AM EST

UPGRADES
FBR Research upgrades Adobe Systems (NASDAQ: ADBE) from Market Perform to Outperform. Price target increased from $36 to $39. Click Here for more color.

Goldman Sachs upgraded Charles Schwab Corp. (NASDAQ: SCHW) from Sell to Neutral and raised their price target from $16 to $18.

WebMD (NASDAQ: WBMD) gets an upgrade from two firms post-Q409 earnings:

• Citi upgrades from Hold to Buy. The firm also raised its price target from $40 to $49.
  
• Canaccord Adams maintains a 'Buy' and raises their price target from $38 to $44. Click Here for more color.

Citi upgrades iStar Financial (NYSE: SFI) from Sell to Hold. Price target increased from $2.00 to $3.50.

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

DOWNGRADES
First Solar (NASDAQ: FSLR) gets a downgrade from several firms after their Q409 earnings release:

• Merriman Curhan Ford downgrades from Buy to Neutral. Click Here for more color.
  
  
• ThinkEquity downgrades from Buy to Hold.
  
  
• Wedbush has lowered their price target from $125 to $110, and maintains a Neutral rating on the stock. Click Here for more color.

CapStone downgrades Endologix, Inc. (NASDAQ: ELGX) from Buy to Hold. PT $6. Click Here for more color.

BofA/Merrill Lynch downgrades Windstream (NYSE: WIN) from Buy to Neutral. Price target $11.

BB&T Capital downgrades Advance Auto Parts (NYSE: AAP) from Buy to Hold.

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

NEW COVERAGE
Roth Capital initiates Gilead Sciences (NASDAQ: GILD) with a Buy rating and price target of $53.

JMP Securities initiates Best Buy (NYSE: BBY) with a Market Outperform rating and a $45 price target

Jefferies & Co initiates coverage on Walt Disney (NYSE: DIS) with a Buy rating. Price target $36.

Scotia Capital initiates coverage on Freeport-McMoRan (NYSE: FCX) with a Sector Perform rating. Price target $105.

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

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Related Entities

• Citi
• Jefferies & Co
• Merrill Lynch
• Canaccord Adams
• Bank of America
• ThinkEquity
• Roth Capital
• Merriman Curhan Ford
• JMP Securities
• BB&T Capital Markets
• Notable Analyst Rating Changes

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