Notable Analyst Rating Changes 1/20: RIMM, MOT, WEN Upgraded; EMC, VIA, BHI Downgraded

January 20, 2009 9:45 AM EST

UPGRADES:
RBC Capital upgraded Research in Motion (NASDAQ: RIMM) from Sector Perform to Outperform and raised its price target form $45 to $75. Click here too see the full report.

Goldman Sachs upgraded Motorola (NYSE: MOT) from Neutral to Buy and added the stock to its Conviction Buy List with a $7 price target, citing valuation.

Morgan Stanley upgrades Wendy’s/Arby’s Group (NYSE: WEN) from Equalweight to Overweight.

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

DOWNGRADES:
Collins Stewart downgrading EMC Corp (NYSE: EMC) from Buy to Hold. Click here for the full report.

Stanford Group downgrades Viacom (NYSE: VIA) from Buy to Hold.

Morgan Stanley downgrades Baker Hughes (NYSE: BHI) from Overweight to Underweight.

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

NEW COVERAGE:
Citi initiates coverage on Agrium Inc (NYSE: AGU) with a Sell/High risk rating and a $27 price target. Click here for the full report.

Citi initiates coverage on Mosaic (NYSE: MOS) with a Hold rating and $39 price target. Click here for the full report.

Citi initiates coverage on Potash Corp of Saskatchewan Inc (NYSE: POT) with a Hold. Price target $81. Click here for the full report.

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


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Stocks Mentioned

AGU 56.71

+1.84 +3.35%
Volume: 1,531,792
Track AGU

BHI 41.59

+0.59 +1.44%
Volume: 3,448,605
Track BHI

EMC 16.91

-0.03 -0.18%
Volume: 13,181,070
Track EMC

MOS 55.98

+1.88 +3.48%
Volume: 3,614,340
Track MOS

MOT 8.28

+0.09 +1.10%
Volume: 15,559,046
Track MOT

POT 114.18

+2.07 +1.85%
Volume: 4,198,995
Track POT

RIMM 59.76

+0.23 +0.39%
Volume: 7,953,507
Track RIMM

VIA 32.01

-0.02 -0.06%
Volume: 51,705
Track VIA

WEN 4.16

+0.03 +0.73%
Volume: 2,264,761
Track WEN


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