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Notable Analyst Rating Changes 03/02: (TXN) (SINA) (YHOO) Upgraded; (CEDC) (GTY) (JBLU) Downgraded

March 2, 2011 11:16 AM EST
UPGRADES
J.P. Morgan raises Texas Instruments (NYSE: TXN) from Neutral to Overweight, boosting their price target from $27 to $44.

Piper Jaffray upgrades SINA Corporation (Nasdaq: SINA) from Neutral to Overweight, increasing their price target 30.5% from $82 to $107.

Evercore Partners upgrades Yahoo! (Nasdaq: YHOO) from Equalweight to Overweight, maintaining a $22 price target.

Janney Montgomery Scott upgraded Peet's Coffee & Tea (Nasdaq: PEET) from Neutral to Buy, with a $57 fair value. Click Here for more color.

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

DOWNGRADES
Nomura Securities downgrades Central European Distribution (Nasdaq: CEDC) from Buy to Neutral, slashing their price target from $28 to $15.

J.P. Morgan downgrades Getty Realty (NYSE: GTY) from Neutral to Underweight, lowering their price target from $26 to $22.

Raymond James lowers JetBlue Airways (Nasdaq: JBLU) from Outperform to Market Perform.

Evercore Partners downgrades eBay (Nasdaq: EBAY) from Overweight to Equal Weight, keeping its $37 price target.

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

NEW COVERAGE
B. Riley initiates coverage on Google (Nasdaq: GOOG) with a Buy.

ThinkEquity initiates coverage on SuccessFactors (Nasdaq: SFSF) with a Buy, and $42 price target.

Medley Capital (NYSE: MCC) initiated by a gaggle of firms:
  • UBS at Buy with a $14 price target. Click Here for more color;

  • Citi with a Buy and $14 price target;

  • Janney Montgomery Scott at Buy, and price target of $14.50. Click Here for more color;

  • BB&T Capital with a Buy, and price target of $14;

  • Stifel Nicolaus initiates with a Buy; and

  • JMP Securities with a Market Outperform, and $14 price target.
WJB Capital starts Alcatel-Lucent (NYSE: ALU) at Hold, with a $5.50 price target.

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

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Piper Jaffray, Stifel Nicolaus, UBS, JPMorgan, Citi, Raymond James, ThinkEquity, B. Riley, Janney Montgomery Scott, JMP Securities, BB&T Capital Markets, Nomura, Notable Analyst Rating Changes

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