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Notable Analyst Rating Changes 05/04: (HNT) (ALL) (PSE) Upgraded; (PRU) (JPM) (PVH) Downgraded

May 4, 2012 10:54 AM EDT
UPGRADES
Goldman Sachs upgrades Health Net (NYSE: HNT) from Neutral to Buy with a price target of $35. Click Here for more color.

Barclays lifts Allstate (NYSE: ALL) from Equalweight to Overweight, its price target raised from $38 to $39.

RBC Capital raises Pioneer Southwest Energy Partners L.P. (NYSE: PSE) from Underperform to Sector Perform with a price target of $29.

BofA/Merrill Lynch moves CenterPoint Energy (NYSE: CNP) from Neutral to Buy.

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

DOWNGRADES
Barclays downgrades Prudential Financial (NYSE: PRU) from Overweight to Equalweight, its price target lowered from $69 to $62.

Credit Agricole lopped JPMorgan (NYSE: JPM) two-notches from Outperform to Underperform, keeping a $43 price target.

Piper Jaffray cuts PVH Corp (NYSE: PVH) from Overweight to Neutral, its price target lowered from $99 to $93.

Stifel Nicolaus trims BioMed Realty (NYSE: BMR) from Buy to Hold.

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

NEW COVERAGE
BMO Capital initiates Red Hat (NYSE: RHT) with an Outperform and $72 price target.

KeyBanc commences Huntsman (NYSE: HUN) at Buy with a $20 price target. Click Here for more color.

Stifel Nicolaus starts Microsoft (Nasdaq: MSFT) with a Buy rating and a $38 price target.

Morgan Stanley begins Qihoo 360 Technology (NYSE: QIHU) with an Overweight and price target of $32.

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Piper Jaffray, Stifel, JPMorgan, KeyBanc, Morgan Stanley, BMO Capital, RBC Capital, Barclays, Notable Analyst Rating Changes, Credit Agricole