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 60.68

+0.00 +0.00%
Volume: 3,676,376
Track AGU

AXP 37.54

+0.00 +0.00%
Volume: 10,683,319
Track AXP

CCJ 27.01

+0.00 +0.00%
Volume: 3,508,249
Track CCJ

CIEN 13.09

+0.00 +0.00%
Volume: 3,711,140
Track CIEN

COF 35.33

+0.00 +0.00%
Volume: 5,408,975
Track COF

DE 50.32

+0.00 +0.00%
Volume: 5,843,655
Track DE

DHI 12.98

+0.00 +0.00%
Volume: 8,493,202
Track DHI

EVR 29.26

+0.00 +0.00%
Volume: 68,682
Track EVR

FL 11.67

+0.00 +0.00%
Volume: 2,767,090
Track FL

LEA 70.99

+0.00 +0.00%
Volume: 900,911
Track LEA

MKTX 13.52

+0.00 +0.00%
Volume: 65,305
Track MKTX

NDAQ 18.20

+0.00 +0.00%
Volume: 5,746,267
Track NDAQ

OSK 39.06

+0.00 +0.00%
Volume: 1,728,606
Track OSK

PCS 6.01

+0.00 +0.00%
Volume: 6,171,128
Track PCS

RA 11.41

+0.00 +0.00%
Volume: 84,588
Track RA

SBUX 22.19

+0.00 +0.00%
Volume: 10,408,100
Track SBUX

SEED 8.60

+0.00 +0.00%
Volume: 1,795,605
Track SEED

TRA 32.82

+0.00 +0.00%
Volume: 3,800,123
Track TRA

WLP 61.45

+0.00 +0.00%
Volume: 7,747,078
Track WLP


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