Notable Analyst Rating Changes 06/29: (SKS) (BBBY) (ORCL) Upgraded; (RIMM) (NKE) (ANTH) Downgraded

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UPGRADES
JPMorgan lifts Saks Inc. (NYSE: SKS) from Neutral to Overweight with a price target of $12.

BB&T Capital upgrades Bed Bath & Beyond (Nasdaq: BBBY) from Hold to Buy with a price target of $75.

RBC Capital raises Oracle (Nasdaq: ORCL) from Sector Perform to Outperform with a price target of $36.

Wells Fargo boosts Tenet Healthcare (NYSE: THC) from Market Perform to Outperform, moving its price target range from $5 - $6 to $7 - $8. Click Here for more color.

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

DOWNGRADES
Research In Motion Ltd. (Nasdaq: RIMM) lowered by three firms:

• CIBC from Sector Outperform to Sector Underperform with a price target of $8.15;
  
  
• BofA/Merrill Lynch from Neutral to Underperform. Click Here for more color; and
  
  
• Societe Generale from Hold to Sell, halving its price target from $14 to $7.

Citi downgrades Anthera Pharma (Nasdaq: ANTH) from Neutral to Sell.

Nike (NYSE: NKE) reduced by three today:

• Sterne Agee from Buy to Neutral;
  
  
• Baird from Outperform to Neutral, moving its price target from $130 to $95; and
  
  
• DA Davidson from Buy to Neutral, lowering its price target from $123 down to $93. Click Here for more color.

Gabelli chops AT&T (NYSE: T) from Buy to Hold.

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

NEW COVERAGE
Macquarie assumes Facebook (Nasdaq: FB) with a Neutral and $34 price target.

Piper Jaffray initiates VeriFone (NYSE: PAY) with a Overweight and $42 price target.

AOL, Inc. (NYSE: AOL) started by two today:

• Topeka Capital at Hold and price target of $32; and
  
  
• ThinkEquity with a Hold and $30 price target.

ThinkEquity begins BioMarin Pharmaceutical Inc. (Nasdaq: BMRN) with a Buy and $44 price target.

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

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Piper Jaffray, JPMorgan, Citi, Merrill Lynch, CIBC, Robert W Baird, Bank of America, ThinkEquity, RBC Capital, D.A. Davidson, Sterne Agee, BB&T Capital Markets, Notable Analyst Rating Changes, Wells Fargo

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