Notable Analyst Rating Changes 06/20: (CSCO) (AMAT) (MPC) Upgraded; (SO) (CIO) (APKT) Downgraded

UPGRADES
BMO Capital lifts Cisco (Nasdaq: CSCO) from Market Perform to Outperform with a price target of $21.00 (from $20.00).

Barclays boosts Applied Materials (Nasdaq: AMAT) from Equalweight to Overweight with a price target of $15.

Goldman Sachs ups Marathon Petroleum (NYSE: MPC) from Neutral to Buy with a price target of $58. Click Here for more color.

BofA/Merrill Lynch upgrades NV Energy (NYSE: NVE) from Neutral to Buy.

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

DOWNGRADES
BofA/Merrill Lynch downgrades Southern Co. (NYSE: SO) from Buy to Neutral.

Goldman Sachs trims ConocoPhillips (NYSE: COP) from Neutral to Sell with a price target of $58. Click Here for more color.

Jefferies lowers Acme Packet (Nasdaq: APKT) from Buy to Hold with a price target of $21.00 (from $40.00). Click Here for more color.

Walgreen (NYSE: WAG) cut by two today:

• Macquarie to Neutral; and
  
  
• Argus from Buy to Hold.

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

NEW COVERAGE
Evercore Partners initiates Facebook (Nasdaq: FB) with an Equal Weight rating and $39 price target.

Edwards Group Limited (Nasdaq: EVAC) started by a handful of firms:

• Barclays with an Overweight;
  
  
• RBC Capita at Outperform, with an $11 price target;
  
  
• Piper Jaffray at Overweight and price target of $12;
  
  
• Deutsche Bank with a Buy and $10 price target; and
  
  
• Goldman Sachs with a Buy and $13 price target. Click Here for more color.

Janney Montgomery Scott begins Plains All American (NYSE: PAA) at Buy and $84 price target.

Global Hunter Securities initiates coverage on Forum Energy Technologies (NYSE: FET) with a Buy and price target of $27. Click Here for more color.

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

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