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Notable Analyst Rating Changes 11/18: NTAP, ATI, STP, PERY Upgraded; ALU, ABT, F, CMG Downgraded

November 18, 2010 11:01 AM EST
NTAP Hot Sheet
Overall Analyst Rating:
    BUY (= Flat)

EPS Growth %: +11.9%
UPGRADES
Canaccord Genuity upgrades NetApp (Nasdaq: NTAP) from Hold to Buy, with a price target boosted from $40.50 to $56. Click Here for more color.

J. P. Morgan upgrades Allegheny Technologies (NYSE: ATI) from Neutral to Overweight, maintaining a price target of $58.

Citi upgrades Suntech Power (NYSE: STP) from Sell to Hold, with a price target increased from $7 to $8.50.

Ladenburg Thalmann upgrades Perry Ellis (Nasdaq: PERY) from Neutral to Buy.

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

DOWNGRADES
Credit Suisse downgrades Alcatel-Lucent (NYSE: ALU) from Neutral to Underperform.

Bernstein downgrades Abbott Labs (NYSE: ABT) from Outperform to Market Perform.

Buckingham Research lowers Ford Motor Co. (NYSE: F) from Buy to Neutral.

Miller Tabak initiates coverage on Chipotle Mexican Grill (NYSE: CMG) with a Hold, with a price target of $210. Click Here for more color.

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

NEW COVERAGE
Stifel Nicolaus initiates coverage on Motorola (NYSE: MOT) with a Buy rating.

Rodman & Renshaw initiates Biostar Pharmaceuticals, Inc. (Nasdaq: BSPM) with Market Outperform and a price target of $7.

Madison Williams initiates coverage on Covance (NYSE: CVD) with a Accumulate, with a price target of $54.

UBS initiates coverage on QuinStreet (Nasdaq: QNST) with a Buy rating, and a price target of $22. Click Here for more color.

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

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Credit Suisse, Stifel Nicolaus, UBS, Citi, Rodman & Renshaw, Buckingham Research, Genuity Capital Markets, Ladenburg Thalmann Financial Services, Notable Analyst Rating Changes

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