Notable Analyst Rating Changes 06/21: (BIIB) (DFS) (SNCR) Upgraded; (PNC) (RIMM) (MMI) Downgraded

UPGRADES
Deutsche Bank lifts Biogen (Nasdaq: BIIB) from Hold to Buy with a $129 price target. Click Here for more color.

Macquarie upgrades Discover Financial (NYSE: DFS) from Neutral to Outperform.

Goldman Sachs added Synchronoss Technologies (Nasdaq: SNCR) to its Conviction Buy list with a 12-month $39 price target. Click Here for more color.

Argus boosts Wendy's-Arby's Group (NYSE: WEN) from Sell to Hold.

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

DOWNGRADES
Keefe, Bruyette & Woods downgrades PNC Financial (NYSE: PNC) from Outperform to Market Perform, cutting its price target to $67. Click Here for more color.

Credit Suisse cuts Research In Motion Ltd. (Nasdaq: RIMM) from Outperform to Neutral with a $30 price target.

Credit Suisse reduces Motorola Mobility Holdings (NYSE: MMI) from Outperform to Underperform with a downside $19 price target.

Cowen lowers Gap, Inc. (NYSE: GPS) from Outperform to Neutral.

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

NEW COVERAGE
Morgan Keegan initiates Aruba Networks (NASDAQ: ARUN) with an Outperform, and $35 price target.

BofA/Merrill Lynch restarts Suncor Energy (NYSE: SU) at Neutral.

Keefe, Bruyette & Woods starts Weyerhaeuser (NYSE: WY) with an Outperform, and $24 price target. Click Here for more color.

JPMorgan begins salesforce.com (NYSE: CRM) with a Neutral, with a $140 price target.

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

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