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Notable Analyst Rating Changes 11/03: (TEVA) (ARO) (OPEN) Upgraded; (DNDN) (DXCM) (NLY) Downgraded

November 3, 2011 11:15 AM EDT
UPGRADES
Morgan Stanley lifts Teva Pharma (Nasdaq: TEVA) from Equal Weight to Overweight.

KeyBanc boosts Aeropostale, Inc. (NYSE: ARO) to Buy with a price target of $20. Click Here for more color.

Barclays upgrades OpenTable (Nasdaq: OPEN) from Underweight to Equalweight, maintains price target of $53.

Morgan Stanley raises Gol Linhas Aereas Inteligentes (NYSE: GOL) from Underweight to Overweight.

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

DOWNGRADES
Goldman Sachs downgrades Dendreon (Nasdaq: DNDN) from Buy to Neutral, its price target moves from $14 to $11. Click Here for more color.

CapitalOne lowers Transocean (NYSE: RIG) fro Add to Neutral.

DexCom (Nasdaq: DXCM) lowered by two Thursday:
  • Morgan Keegan from Outperform to Market Perform; and

  • SunTrust Robinson Humphrey from Neutral to Reduce.
Ladenburg Thalmann cuts Annaly Capital Management (NYSE: NLY) from Buy to Neutral.

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

NEW COVERAGE
Evercore Partners starts Apple (Nasdaq: AAPL) at Overweight and $600 price target.

Credit Suisse initiates St. Jude Medical (NYSE: STJ) with a Neutral, and $43 price target.

BofA/Merrill Lynch assumes Clorox (NYSE: CLX) with an Underperform, and $65 price target.

UBS begins Fortinet (Nasdaq: FTNT) at Neutral, and $24 price target.

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

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Credit Suisse, UBS, KeyBanc, Morgan Stanley, SunTrust Robinson Humphrey, Barclays, Morgan Keegan & Company, Ladenburg Thalmann Financial Services, Notable Analyst Rating Changes