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 81.20

-1.81 -2.18%
Volume: 1,919,651
Track AGU

AXP 52.13

+0.32 +0.62%
Volume: 5,944,760
Track AXP

CCJ 23.64

-0.02 -0.08%
Volume: 1,691,018
Track CCJ

CIEN 16.17

+0.27 +1.70%
Volume: 4,679,525
Track CIEN

COF 47.29

-0.61 -1.27%
Volume: 7,334,710
Track COF

DE 87.94

+0.12 +0.14%
Volume: 2,110,812
Track DE

DHI 14.36

-0.09 -0.62%
Volume: 3,956,451
Track DHI

EVR 28.78

-0.34 -1.17%
Volume: 214,569
Track EVR

FL 26.77

-0.33 -1.22%
Volume: 1,645,845
Track FL

LEA 45.08

-0.51 -1.12%
Volume: 779,490
Track LEA

MKTX 32.85

-0.06 -0.18%
Volume: 89,679
Track MKTX

NDAQ 25.70

+0.35 +1.38%
Volume: 2,085,767
Track NDAQ

OSK 25.74

-0.36 -1.38%
Volume: 868,177
Track OSK

PCS 9.55

-0.06 -0.62%
Volume: 3,602,519
Track PCS

RA 17.64

-0.24 -1.34%
Volume: 148,244
Track RA

SBUX 48.41

+0.12 +0.25%
Volume: 3,175,806
Track SBUX

SEED 2.50

-0.05 -1.96%
Volume: 26,950
Track SEED

TRA 45.76

+0.00 +0.00%
Volume: 4,669,597
Track TRA

WLP 65.00

+0.63 +0.98%
Volume: 2,531,270
Track WLP


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