Notable Analyst Rating Changes 11/23: SBUX, DE, SEED, NDAQ Upgraded; AGU, TRA, CIEN, FL Downgraded

November 23, 2009 11:06 AM EST

UPGRADES:
Jefferies upgraded Strabucks (NASDAQ: SBUX) from Hold to Buy, lifting their price target from $22 to $25.

Citigroup upgrades DR Horton (NYSE: DHI) from Sell to Hold with a $10.50 price target.

Morgan Stanley is upgrading Deere (NYSE: DE) to Overweight from Equal-Weight with a $64 price target (prev. $48). For more color, Click Here.

J.P. Morgan upgrades WellPoint (NYSE: WLP) from Neutral to Overweight.

Rodman & Renshaw upgrades Origin Agritech (NASDAQ: SEED) from Market Perform to Market Outperform with a $15 price target. Click Here for
more color.

Goldman Sachs is making some changes in the Capital Markets sector today. The firm upgraded Nasdaq (Nasdaq: NDAQ) and Evercore Partners (NYSE: EVR) from Neutral to Buy and upgraded MarketAxess Holdings (Nasdaq: MKTX) from Sell to Neutral.

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

DOWNGRADES:
TD Newcrest downgrades Agrium Inc. (NYSE: AGU) from Buy to Hold. Price target $60. Click Here for more color.

BMO Capital downgrades Terra Industries (NYSE: TRA) from Outperform to Market Perform. Price target $40 from $45.

Morgan Keegan downgrades Ciena (NASDAQ: CIEN) from Outperform to Market Perform.

Sterne Agee downgrades Foot Locker (NYSE: FL) from Buy to Neutral.

For daily real-time Downgrades go to href=Downgrades>http://www.streetinsider.com/Downgrades

NEW COVERAGE:
Morgan Stanley initiates coverage on Capital One Financial (NYSE: COF) with an Equalweight rating.

Standpoint Research initiates coverage on MetroPCS (NYSE: PCS) with a Buy rating and $8.50 price target. Click Here for more color.

Morgan Stanley has initiated coverage on American Express (NYSE: AXP) with an Overweight rating and a $51 price target.

Raymond James initiates coverage on Cameco (NYSE: CCJ) with a Market Perform rating.

J.P. Morgan initiates coverage on Oshkosh Corp (NYSE: OSK) with a Neutral.

Citi initiates coverage on RailAmerica (NYSE: RA) with a Buy. Price target $16. Deutsche Bank also initiated coverage on RailAmerica with a Buy and a price target of $17. For more color from Deutsche, Click Here.

Bank of America resumes coverage on Lear (NYSE: LEA) with a Buy rating. Price target $85.

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


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Stocks Mentioned

AGU 60.32

+2.55 +4.41%
Volume: 1,225,476
Track AGU

AXP 37.26

+0.47 +1.28%
Volume: 2,659,580
Track AXP

CCJ 26.32

+0.56 +2.17%
Volume: 497,202
Track CCJ

CIEN 13.02

+0.26 +2.04%
Volume: 841,620
Track CIEN

COF 35.15

+0.52 +1.50%
Volume: 1,312,721
Track COF

DE 50.68

+1.72 +3.51%
Volume: 1,353,899
Track DE

DHI 12.79

-0.13 -1.01%
Volume: 2,322,631
Track DHI

EVR 29.10

+0.32 +1.11%
Volume: 6,700
Track EVR

FL 11.76

+0.12 +1.03%
Volume: 346,547
Track FL

LEA 70.85

+0.66 +0.94%
Volume: 140,465
Track LEA

MKTX 13.42

+0.06 +0.45%
Volume: 4,787
Track MKTX

NDAQ 18.19

+0.14 +0.78%
Volume: 1,005,715
Track NDAQ

OSK 38.70

+0.71 +1.87%
Volume: 324,319
Track OSK

PCS 5.90

+0.03 +0.51%
Volume: 1,046,469
Track PCS

RA 11.55

+0.02 +0.17%
Volume: 13,769
Track RA

SBUX 21.95

+0.04 +0.18%
Volume: 2,670,170
Track SBUX

SEED 8.78

+0.13 +1.50%
Volume: 398,783
Track SEED

TRA 32.40

+1.04 +3.32%
Volume: 669,652
Track TRA

WLP 61.53

-0.12 -0.19%
Volume: 1,435,745
Track WLP


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