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Notable Analyst Rating Changes 06/17: (PLD) (RHP) (EIX) Upgraded; (CYS) (ARMH) (TWC) Downgraded

June 17, 2013 10:26 AM EDT Send to a Friend
UPGRADES
Wells Fargo raises ProLogis (NYSE: PLD) from Market Perform to Outperform, adjusting its valuation range from $38 to $41 up to $40 to $43. Click Here for more color.

JPMorgan upgrades Ryman Hospitality Properties (NYSE: RHP) from Neutral to Overweight, moving its price target from $40 to $42.

Bernstein boosts Edison International (NYSE: EIX) from Market Perform to Outperform with a price target of $55.

Susquehanna lifts Marvell (Nasdaq: MRVL) from Neutral to Positive.

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

DOWNGRADES
Barclays downgrades CYS Investments (NYSE: CYS) from Overweight to Equalweight, moving its price target from $13 to $11.

Numis cuts ARM Holdings (Nasdaq: ARMH) from Hold to Reduce.

Raymond James scales back Time Warner Cable (NYSE: TWC) from Outperform to Market Perform.

Barclays lowers American Capital Agency (NASDAQ: AGNC) from Overweight to Equalweight, adjusting its price target from $33 down to $27.

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

NEW COVERAGE
Global Equities begins Tesla Motors (Nasdaq: TSLA) with an Overweight rating and a price target of $150.

Baird starts T-Mobile US (NYSE: TMUS) at Neutral and $22 price target.

Axiom Capital begins Joy Global (NYSE: JOY) with a Sell rating and price target of $30.

Cowen initiates Teradata (NYSE: TDC) at Underperform and $45 target.

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JPMorgan, Raymond James, Robert W Baird, Barclays, Susquehanna International Group of Companies, Notable Analyst Rating Changes, Cowen & Co, Tesla, Wells Fargo

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