Notable Analyst Rating Changes 06/25: (NFLX) (NVDA) (SNDK) Upgraded; (ARNA) (RIMM) (AN) Downgraded

June 25, 2012 10:57 AM EDT Send to a Friend
UPGRADES
Janney Montgomery Scott upgrades Netflix (Nasdaq: NFLX) from Sell to Neutral, its price target moves from $70 to $67. Click Here for more color.

Canaccord Genuity lifts NVIDIA (Nasdaq: NVDA) from Hold to Buy, its price target raised from $13 to $16.

Goldman Sachs boosts SanDisk (Nasdaq: SNDK) from Neutral to Buy with a price target of $45. Click Here for more color.

Dahlman Rose raises Potash (NYSE: POT) from Sell to Buy with a $49 price target.

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DOWNGRADES
Morgan Stanley reduces Research In Motion Ltd. (Nasdaq: RIMM) from Equalweight to Underweight with a price target of $7.00. Click Here for more color.

Deutsche Bank lops AutoNation Inc. (NYSE: AN) from Hold to Sell, moving its price target from $29 down to $24. Click Here for more color.

BMO Capital cuts Arena Pharma (Nasdaq: ARNA) from Outperform to Market Perform, keeping its $10 price target.

Longbow Research reduces Terex (NYSE: TEX) from Buy to Neutral.

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

NEW COVERAGE
Needham & Company assumes Red Hat (NYSE: RHT) at Buy and $63 target. Click Here for more color.

CIBC initiates SXC Health Solutions (Nasdaq: SXCI) with a Sector Perform and price target of CDN$105.

Canaccord Genuity starts Synageva BioPharma (Nasdaq: GEVA) with a Buy and $60 price target.

Macquarie initiates EverBank Financial (NYSE: EVER) with a Neutra and $12 target.

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Deutsche Bank, Morgan Stanley, CIBC, Needham & Company, BMO Capital, Janney Montgomery Scott, Longbow Research, Notable Analyst Rating Changes, Canaccord Genuity

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