Notable Analyst Rating Changes 06/11: (EMC) (PGN) (SKX) Upgraded; (AKS) (PGR) (AEM) Downgraded

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UPGRADES
Cantor Fitzgerald upgrades EMC (NYSE: EMC) from Hold to Buy with a price target of $30 (from $31). Click Here for more color.

ISI Group lifts Progress Energy (NYSE: PGN) from Sell to Hold.

Sterne Agee raises Skechers USA (NYSE: SKX) from Neutral to Buy.

UBS boosts NVIDIA (Nasdaq: NVDA) from Neutral to Buy.

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

DOWNGRADES
AK Steel (NYSE: AKS) cut by two:

• Dahlman Rose from Buy to Hold. Click Here for more color.; and
  
  
• Goldman Sachs from Neutral to Sell with a price target of $5, down from $6 prior. Click Here for more color.

Evercore Partners lowers Progressive Corp. (NYSE: PGR) from Equal Weight to Underweight with a price target of $21 (from $22).

HSBC reducs Agnico-Eagle Mines Ltd. (NYSE: AEM) from Overweight to Neutral with a price target of $47.

Susquehanna downgrades Marvell (Nasdaq: MRVL) from Positive to Neutral, moving its price target from $19 down to $14.

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

NEW COVERAGE
Wedbush starts Broadcom (Nasdaq: BRCM) with an Outperform and $40 price target. Click Here for more color.

Baird assumes Pacific Coast Oil Trust (NYSE: ROYT) with an Outperform and price target of $20.

CapitalOne starts Cheniere Energy (NYSE: LNG) with an Add rating and a $20 price target.

BMO Capital initiates Franklin Street Properties (NYSE: FSP) with a Market Perform and $11 price target.

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

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UBS, Cantor Fitzgerald, Robert W Baird, BMO Capital, Sterne Agee, HSBC, Susquehanna International Group of Companies, Notable Analyst Rating Changes

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