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Notable Analyst Rating Changes 05/18: (RIMM) (KBH) (UA) Upgraded; (HPQ) (DKS) (SPLS) Downgraded

May 18, 2011 10:50 AM EDT
RIMM Hot Sheet
Overall Analyst Rating:
    NEUTRAL (= Flat)

EPS Growth %: -55.1%
UPGRADES
Bernstein ups Research In Motion Ltd. (Nasdaq: RIMM) from Underperform to Market Perform, maintaining a $40 price target.

UBS lifts KB Home (NYSE: KBH) from Sell to Neutral, cutting its price target from $12 to $11. Click Here for more color.

Citi boosts Under Armour, Inc. (NYSE: UA) from Hold to Buy, increasing its price target from $74 to $78.

Susquehanna upgrades Trina Solar (NYSE: TSL) from Negative to Neutral.

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

DOWNGRADES
Hewlett-Packard (NYSE: HPQ) downgraded by two today:
  • JPMorgan from Overweight to Neutral, with a price target cut from $55 to $42; and

  • Brean Murray Carret & Co. from Buy to Hold. Click Here for more color.
Sterne Agee downgraded Dicks Sporting Goods (NYSE: DKS) from Neutral to Sell.

Citi cuts Staples, Inc. (Nasdaq: SPLS) from Buy to Hold.

Goldman Sachs reduces Nielsen Holdings (NYSE: NLSN) from Buy to Neutral. Click Here for more color.

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

NEW COVERAGE
Dahlman Rose starts CVR Energy (NYSE: CVI) with a Buy, and $30 price target. Click Here for more color.

Cowen initiates VeriSign (Nasdaq: VRSN) with an Outperform.

Dahlman Rose begins CVR Partners (NYSE: UAN) at Hold. Click Here for more color.

Golar LNG Partners (Nasdaq: GMLP) started by several firms today:
  • Wells Fargo with a Market Perform, and valuation range of $24 - $26. Click Here for more color;

  • Citi at Buy, and $30 price target;

  • BofA/Merrill Lynch with a Neutral, and $26 price target;

  • RBC Capital an Outperform, and $29 price target;

  • Morgan Stanley with an Overweight, and $31 price target; and

  • Raymond James at Outperform, and $28 price target.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage

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Brean Murray Carret & Co., UBS, JPMorgan, Citi, Raymond James, Morgan Stanley, Merrill Lynch, Bank of America, RBC Capital, Sterne Agee, Susquehanna International Group of Companies, Notable Analyst Rating Changes, Cowen & Co, Wells Fargo

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