Notable Analyst Rating Changes 07/17: (DIS) (ARO) CLR) Upgraded; (ACI) (NOK) (DE) Downgraded

July 17, 2012 10:59 AM EDT Send to a Friend
UPGRADES
BofA/Merrill Lynch upgrades Walt Disney (NYSE: DIS) from Neutral to Buy.

Morgan Stanley boosts Aeropostale, Inc. (NYSE: ARO) from Underweight to Equalweight.

Canaccord Genuity raises Continental Resources (NYSE: CLR) from Hold to Buy with a price target of $89 (from $83).

Baird upgraded Limited Brands (NYSE: LTD) from Neutral to Outperform, moving its price target to $54 (from $50).

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

DOWNGRADES
CRT Capital downgrades Arch Coal Inc (NYSE: ACI) from Buy to Fairly Valued with a price target of $7.

Jefferies cuts Nokia (NYSE: NOK) from Hold to Underperform, with a price target of €1.19.

JPMorgan lowers Deere (NYSE: DE) from Neutral to Underweight, moving its price target from $98 down to $78.

Janney Montgomery Scott reduces Lowe's (NYSE: LOW) from Buy to Neutral, dropping its price target from $28 to $26.

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

NEW COVERAGE
Benchmark assumes LSI Corporation (NYSE: LSI) at Hold and $6.50 price target. Click Here for more color.

Lazard Capital initiates eBay (Nasdaq: EBAY) with a Buy and $47 target.

RBC Capital starts Las Vegas Sands (NYSE: LVS) at Outperform.

Goldman Sachs begins Calpine Corporation (NYSE: CPN) with a Conviction Buy and $20 price target.

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

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JPMorgan, Morgan Stanley, Jefferies & Co, Merrill Lynch, Robert W Baird, Bank of America, Lazard, RBC Capital, Janney Montgomery Scott, Notable Analyst Rating Changes, Canaccord Genuity

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