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Notable Analyst Rating Changes 04/29: (CL) (DISCA) (UIS) Upgraded; (RIMM) (OSK) (IM) Downgraded

April 29, 2011 11:21 AM EDT
UPGRADES
Deutsche Bank lifts Colgate-Palmolive Company (NYSE: CL) from Hold to Buy, increasing its price target to $92. Click Here for more color.

Barrington Research raises Discovery Communications (Nasdaq: DISCA) from Market Perform to Outperform, boosting its price target to $55. Click Here for more color.

Susquehanna ups Unisys (NYSE: UIS) from Negative to Neutral.

HSBC upgrades Boeing (NYSE: BA) from Underweight to Neutral, boosting its price target from $63 to $82.

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

DOWNGRADES
Research In Motion (Nasdaq: RIMM) receives a multitude of downgrades today:
  • Jefferies from Buy to Underperform, cutting their price target from $80 to $35. Click Here for more color;

  • National Bank from Outperform to Market Perform, with a price target slashed from $80 to $50;

  • RBC Capital from Top Pick to Sector Perform; and

  • Gleacher & Co. from Buy to Neutral, price target lowered from $72 to $56.
Oshkosh (NYSE: OSK) lowered by three today:
  • Baird from Outperform to Neutral, price target lowered from $47 to $34;

  • Goldman Sachs from Buy to Neutral and cut their price target from $44 to $37. Click Here for more color; and

  • Benchmark from Buy to Hold., setting a new price target of $35. Click Here for more color.
Ingram Micro (NYSE: IM) reduced by a slew of firms:
  • Goldman Sachs removed it from their Conviction Buy List. Click Here for more color;

  • Stifel Nicolaus from Buy to Hold; and

  • Brean Murray Carret & Co. from Buy to Hold.
Gen-Probe (Nasdaq: GPRO) receives a downgrade from several firms today:
  • William Blair from Outperform to Market Perform;

  • Gleacher & Co. from Buy to Neutral;

  • Canaccord Genuity from Buy to Hold, increasing its price target from $75 to $88; and

  • Piper Jaffray from Overweight to Neutral, and price target to $78.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades

NEW COVERAGE
JPMorgan initiates CenturyLink, Inc. (NYSE: CTL) with an Overweight, and $45 price target.

Brean Murray Carret & Co. starts Salix Pharmaceuticals (Nasdaq: SLXP) with a Buy, and $50 price target. Click Here for more color.

Auriga assumes United Therapeutics Corp. (Nasdaq: UTHR) with a Buy rating and $90 price target. Click Here for more color.

Canaccord Genuity initiates coverage on Transocean (NYSE: RIG) with a Hold, and $85 price target.

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

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Goldman Sachs Conviction Buy List, Piper Jaffray, Stifel Nicolaus, Deutsche Bank, Brean Murray Carret & Co., William Blair, JPMorgan, Jefferies & Co, Robert W Baird, RBC Capital, HSBC, Genuity Capital Markets, Susquehanna International Group of Companies, Notable Analyst Rating Changes, Auriga

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