Notable Analyst Rating Changes 08/30: (JNY) (BA) (PHM) Upgraded; (LDK) (EMR) (AEO) Downgraded

UPGRADES
BofA/Merrill Lynch ups Jones Apparel Group (NYSE: JNY) from Neutral to Buy.

Nomura Securities boosts Boeing (NYSE: BA) from Reduce to Neutral, maintaining its price target of $70. Click Here for more color.

Ticonderoga upgrades PulteGroup (NYSE: PHM) from Neutral to Buy with a price new target of $6.50.

Gabelli raises Corinthian Colleges (Nasdaq: COCO) from Hold to Buy.

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

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

• Wells Fargo from Market Perform to Underperform, price target range lowered from $4.00 to $5.00 to $3.10 to $3.60. Click Here for more color; and
  
  
• Needham & Company from Buy to Hold. Click Here for more color.

Argus downgrades Emerson (NYSE: EMR) from Buy to Hold.

Citi cuts American Eagle Outfitters (NYSE: AEO) from Buy to Hold.

Macquarie lowers Transocean (NYSE: RIG) from Outperform to Neutral, price target reduced from $80 to $63.

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

NEW COVERAGE
JPMorgan initiates Alpha Natural Resources (NYSE: ANR) with a Neutral rating, and $39 price target.

BofA/Merrill Lynch begins AMC Networks (Nasdaq: AMCX) with a Buy, and $42 price target.

KeyBanc reinstates Vulcan Materials Company (NYSE: VMC) at Hold. Click Here for more color.

BofA/Merrill Lynch initiates SunCoke Energy (NYSE: SXC) with a Neutral, and $16 price target.

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

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