Notable Analyst Rating Changes 10/28: NOC, LDK, DDR, SFLY Upgraded; PLD, CAVM, RIMM, S Downgraded

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NOC Hot Sheet

Overall Analyst Rating:
NEUTRAL (

Up)

Dividend Yield: 3.8%
Revenue Growth %: -7.9%

UPGRADES
Goldman Sachs removed Northrop Grumman (NYSE: NOC) from its Conviction Sell List, but is keeping a Sell rating on the stock. The firm raised their price target from $51 to $54. Click Here for more color.

Needham & Company upgrades LDK Solar Co. Ltd. (NYSE: LDK) from Hold to Buy, and price target of $15.

Developers Deversified Realty Corp. (NYSE: DDR) receives two upgrades today:

Deutsche Bank from Hold to Buy, with a price target increased from $13 to $15. Click Here for more color; and
Wells Fargo from Underperform to Market Perform, and their valuation range increased from $10 - $13 to $13 - $15. Click Here for more color.

ThinkEquity upgrades Shutterfly (Nasdaq: SFLY) from Hold to Buy, with a price target increased from $26 to $33.

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

DOWNGRADES
Wells Fargo downgrades ProLogis (NYSE: PLD) from Outperform to Market Perform, with a valuation range increases from $11 - $12 to $11 - $13. Click Here for more color.

Cavium Networks (Nasdaq: CAVM) receives tres downgrades today:

UBS from Buy to Neutral, with a price target upped $32 to $35.50;
Janney Montgomery Scott from Buy to Neutral. Click Here for more color; and
Ticonderoga Securities from Buy to Neutral. Click Here for more color.

Oppenheimer downgrades Research In Motion (Nasdaq: RIMM) from Outperform to Perform, suspending their $58 price target.

RBC Capital downgrades Sprint (NYSE: S) from Outperform to Sector Perform, with a price target docked from $6 to $5.

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

NEW COVERAGE
Global Hunter Securities initiates coverage on National Oilwell Varco (NYSE: NOV) with a Buy rating and $68 price target. Click Here for more color.

Wells Fargo resumes coverage on Weatherford International Ltd. (NYSE: WFT) with a Market Perform rating. Valuation range is $18-19. Click Here for more color.

Barclays initiates coverage on Clean Energy Fuels (Nasdaq: CLNE) with an Equalweight rating, and $16 price target.

Wells Fargo starts Dean Foods (NYSE: DF) with an Outperform.

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

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