Notable Analyst Rating Changes 08/19: (RIMM) (DELL) (INTU) Upgraded; (HPQ) (LDK) (SCHW) Downgraded

UPGRADES
Jefferies upgrades Research In Motion Ltd. (Nasdaq: RIMM) from Undeperform to Hold, boosting its price target from $22 to $25. Click Here for more color.

Needham & Company upgraded Dell (Nasdaq: DELL) to Buy with a price target of $17. Click Here for more color.

First Analysis lifts Intuit (Nasdaq: INTU) from Equalweight to Overweight with a new price target of $52.

Numis ups ARM Holdings (Nasdaq: ARMH) from Add to Buy.

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

DOWNGRADES
Hewlett-Packard (NYSE: HPQ) is getting slammed in the markets today, and analysts are responding with downgrades:

• Needham & Company from Buy to Underperform. Click Here for more color;
  
  
• Deutsche Bank to Sell with a price target of $20. Click Here for more color;
  
  
• UBS from Buy to Neutral, price target lowered from $45 to $29;
  
  
• Baird from Outperform to Neutral, price target lowered from $51 to $30;
  
  
• Sterne Agee from Buy to Neutral; and
  
  
• Credit Agricole from Outperform to Underperform.

LDK Solar (NYSE: LDK) downgraded by two today:

• ThinkEquity from Buy to Hold, price target lowered from $8 to $6.00; and
  
  
• Piper Jaffray from Overweight to Neutral, its price target lowered from $20 to $6.50.

Macquarie cuts Charles Schwab Corp. (NYSE: SCHW) from Outperform to Neutral, price target lowered from $16 to $13.

JMP Securities reduces Cree (Nasdaq: CREE) from Market Outperform to Market Perform.

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

NEW COVERAGE
Brean Murray Carret & Co. assumes SINA Corporation (Nasdaq: SINA) with a Buy, and price target of $128. Click Here for more color.

Citi resumes BB&T Capital (NYSE: BBT) with a Hold, and $23 price target.

Howard Weil initiates Precision Drilling (NYSE: PDS) with a Market Outperform and $17 price target.

Gleacher & Co. starts Analog Devices (NYSE: ADI) at Buy, with a $40 price target.

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

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