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Notable Analyst Rating Changes 03/19: (ABT) (PCX) (GPS) Upgraded; (EBAY) (RDC) (S) Downgraded

March 19, 2012 10:33 AM EDT
UPGRADES
Deutsche Bank upgrades Abbott Labs (NYSE: ABT) to Buy with a price target of $70. Click Here for more color.

Goldman Sachs lifts Patriot Coal (NYSE: PCX) from Sell to Neutral with a price target of $6.50 (down from $8). Click Here for more color.

BMO Capital boosts Gap, Inc. (NYSE: GPS) from Market Perform to Outperform, price target raised from $24 to $34.

Wells Fargo moves E*TRADE (Nasdaq: ETFC) from Market Perform to Outperform, its price target range raised to $13 - $15 from $8 - $10.

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

DOWNGRADES
Citi downgrades eBay (Nasdaq: EBAY) from Buy to Neutral.

JPMorgan cut Rowan Companies (NYSE: RDC) from Outperform to Neutral, its price target raised $1 to $45.

Bernstein downgraded Sprint (NYSE: S) from Market Perform to Underperform. Click Here for more color.

Longbow Research trims Bed Bath and Beyond (Nasdaq: BBBY) from Buy to Neutral.

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

NEW COVERAGE
Barclays initiates Yingli Green Energy (NYSE: YGE) with an Equalweight and $44 price target.

Oppenheimer begins Yum! Brands (NYSE: YUM) with a Outperform rating and $82 price target.

Credit Suisse assumes Pandora (NYSE: P) with a Neutral and $12 target.

EPAM Systems (NYSE: EPAM) started by several firms Monday:
  • UBS with a Buy and $21 target. Click Here for more color;

  • Cowen at Outperform;

  • Stifel Nicolaus at Buy with a $25 target;

  • Barclays with an Overweight and $21 target; and

  • Citi with a Buy and $19 target.
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Credit Suisse, Stifel, Deutsche Bank, UBS, JPMorgan, Citi, BMO Capital, Barclays, Longbow Research, Notable Analyst Rating Changes, Cowen & Co, Bankruptcy, Wells Fargo