Notable Analyst Rating Changes 05/03: (CHK) (COH) (CRM) Upgraded; (GMCR) (ATML) (ONXX) Downgraded

Article Stock Quotes (12) Comments (3)

UPGRADES
Bernstein upgrades Chesapeake Energy (NYSE: CHK) from Underperform to Outperform, its price target raised from $17 to $21.

Lazard Capital raises Coach (NYSE: COH) from Neutral to Buy.

Credit Suisse trims salesforce.com (NYSE: CRM) from Neutral to Outperform, its price target raised from $145 to $185.

Pacific Crest lifts ON Semi (Nasdaq: ONNN) from Sector Perform to Outperform.

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

DOWNGRADES
Green Mountain Coffee Roasters (Nasdaq: GMCR) lowered by two today:

• Piper Jaffray from Overweight to Neutral, price target from $65 to $40; and
  
  
• SunTrust Robinson Humphrey from Buy to Neutral.

Atmel (Nasdaq: ATML) also trimmed by two:

• Craig-Hallum from Buy to Hold, price target of $9; and
  
  
• Capstone Investments from Buy to Hold.

Goldman Sachs removed Onyx Pharmaceuticals (Nasdaq: ONXX) from its Conviction Buy List but maintained a Buy rating and raised its price target to $52 from $47.

BofA/Merrill Lynch lowers Visteon (NYSE: VC) from Buy to Neutral.

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

NEW COVERAGE
Macquarie initiates Home Inns (Nasdaq: HMIN) with a Neutral.

Raymond James begins Phillips 66 (NYSE: PSX) with a Market Perform.

Macquarie assumes China Lodging Group (Nasdaq: HTHT) at Outperform.

Caris commences Cisco (Nasdaq: CSCO) with a Buy rating and a $24 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, Credit Suisse, Piper Jaffray, Raymond James, Merrill Lynch, Bank of America, Lazard, SunTrust Robinson Humphrey, Pacific Crest Securities, Notable Analyst Rating Changes, Capstone Investments

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