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Notable Analyst Rating Changes 03/02: DELL, MRVL, SNDK, SQNM Upgraded; KMB, NUHC, OSIP, PALM Downgraded

March 2, 2010 10:11 AM EST
DELL Hot Sheet
Overall Analyst Rating:
    NEUTRAL (= Flat)
UPGRADES
UBS upgrades Dell (NASDAQ: DELL) from Neutral to Buy.

Lazard Capital upgrades Marvell Technology (NASDAQ: MRVL) from Hold to Buy.

UBS has upgraded shares of SanDisk (NASDAQ: SNDK) from Sell to Neutral this morning.

Cantor Fitzgerald upgrades Sequenom (NASDAQ: SQNM) from Hold to Buy with a $16 price target. Click Here for more color.

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

DOWNGRADES
Goldman Sachs downgrades Kimberly-Clark Corporation (NYSE: KMB) from Neutral to Sell and lowers their price target from $63 to $60.

Thomas Weisel downgrades Nu Horizons Electronic (NASDAQ: NUHC) from Overweight to Marketweight. Price target lowered from $7 to $4.50.

OSI Pharmaceuticals (NASDAQ: OSIP) gets a downgrade from two firms:
  • UBS downgrades from Buy to Neutral.

  • Canaccord Adams downgrades from Buy to Hold. Price target raised to $55. Click Here for more color.

    Pacific Crest Securities downgrades Palm (NASDAQ: PALM) from Outperform to Sector Perform.

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

    NEW COVERAGE
    Jefferies & Co initiates coverage on AOL, Inc. (NYSE: AOL) with a Hold rating. PT $27.

    Barclays initiates coverage on EXCO Resources (NYSE: XCO) with an Overweight rating. PT $29.

    Calyon Securities initiates coverage on Allergan (NYSE: AGN) with an Outperform rating. PT $66.

    Macquarie initiates coverage on Walter Energy, Inc. (NYSE: WLT) with an Outperform. PT $107.

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

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UBS, Cantor Fitzgerald, Jefferies & Co, Canaccord Adams, Calyon Securities, Lazard, Barclays, Thomas Weisel Partners Group, Pacific Crest Securities, Notable Analyst Rating Changes

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