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Notable Analyst Rating Changes 06/23: (BMY) (DECK) (FDX) Upgraded; (FFIV) (CMCSA) (NBR) Downgraded

June 23, 2011 10:38 AM EDT
UPGRADES
Bristol-Myers Squibb Co. (NYSE: BMY) upgraded by two today:
  • Morgan Stanley from Equal Weight to Overweight, with its price target lifted from $28 to $34; and

  • Atlantic Equities from Underweight to Neutral, and price target increased from $24 to $27.50.
BB&T Capital ups Deckers Outdoor (Nasdaq: DECK) from Hold to Buy, and price target of $106.

UBS upgraded iSoftStone Holdings (NYSE: ISS) from Neutral to Buy.

FedEx (NYSE: FDX) upgraded by two today:
  • Morgan Stanley from Equal Weight to Overweight; and

  • Argus from Hold to Buy.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades

DOWNGRADES
JPMorgan downgrades F5 Networks (Nasdaq: FFIV) from Overweight to Neutral with a $105 price target.

Citadel Securities lowers Comcast Corp (Nasdaq: CMCSA) from Edge Positive to Add, its price target maintained at $27. Click Here for more color.

Weeden & Co cuts Nabors (NYSE: NBR) from Buy to Hold, lowering its price target from $34 to $28.

Sterne Agee downgraded CSX (NYSE: CSX) from Buy to Neutral, with a price target of $26.

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

NEW COVERAGE
Susquehanna initiates E-Commerce China Dangdang (NYSE: DANG) with a Neutral, and $13 price target.

Goldman Sachs starts Georgia Gulf Corp. (NYSE: GGC) with a Neutral rating and $30 price target. Click Here for more color.

Rochdale Securities begins KeyCorp (NYSE: KEY) with a Neutral, with a price target of $9.50.

Gleacher & Co. commences General Growth Properties (NYSE: GGP) at Neutral, and $16 price target.

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

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UBS, JPMorgan, Morgan Stanley, Sterne Agee, Argus, BB&T Capital Markets, Susquehanna International Group of Companies, Notable Analyst Rating Changes