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Notable Analyst Rating Changes 09/28: (BMRN) (LEAP) (MAS) Upgraded; (BZ) (BPO) (KMB) Downgraded

September 28, 2011 11:38 AM EDT
UPGRADES
Deutsche Bank raises BioMarin Pharmaceutical Inc. (Nasdaq: BMRN) to Buy with a price target of $40. Click Here for more color.

Bernstein lifts Leap Wireless (Nasdaq: LEAP) from Market Perform to Outperform, its price target raised from $7 to $12.

UBS ups Masco (NYSE: MAS) from Sell to Neutral, but lowers its price target from $8 to $7.50. Click Here for more color.

Nomura Securities lifts Virgin Media (Nasdaq: VMED) from Neutral to Buy with a price target of $33.50.

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

DOWNGRADES
JPMorgan downgrades Boise Inc. (NYSE: BZ) from Outperform to Neutral, its price target cut from $8.50 to $7.

TD Newcrest lowers Brookfield Properties (NYSE: BPO) from Buy to Hold, lowering its price target from $20 to $16.50. Click Here for more color.

Citi lowers Kimberly Clark (NYSE: KMB) from Buy to Hold, price target raised from $71 to $73.

Imperial Holdings (NYSE: IFT) cut by two today:
  • Wunderlich Securities from Buy to Hold; and

  • FBR Capital from Outperform to Market Perform, price target cut from $15 to $6.20.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades

NEW COVERAGE
Janney Montgomery Scott initiates Apple (Nasdaq: AAPL) with a Buy rating and $495 price target.

Barclays starts PACCAR (Nasdaq: PCAR) with an Equalweight, and $43 price target.

Canaccord Genuity starts Mylan (Nasdaq: MYL) at Hold, and $21 price target. Click Here for more color.

Canaccord Genuity initiates coverage on Warner Chilcott (Nasdaq: WCRX) with a Buy, and $22 price target.

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

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Deutsche Bank, UBS, JPMorgan, Citi, Janney Montgomery Scott, Barclays, Nomura, TD Newcrest, Notable Analyst Rating Changes, Wunderlich Securities, Earnings