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Notable Analyst Rating Changes 12/09: GT, FMCN, HD, JNS Upgraded; LOW, JNJ, CS, GSIC Downgraded

December 9, 2010 10:54 AM EST
GT Hot Sheet
Overall Analyst Rating:
    NEUTRAL (Up Up)

Revenue Growth %: +2.4%
UPGRADES
BofA/Merrill Lynch upgrades Goodyear Tire & Rubber (NYSE: GT) from Underperform to Buy.

Goldman Sachs upgrades Focus Media Holding (Nasdaq: FMCN) from Hold to Buy with a $28 price target. Click Here for more color.

FBR Capital upgrades Home Depot (NYSE: HD) from Market Perform to Outperform, with a price target increased from $35 to $37. Click Here for more color.

Barclays Capital upgrades Janus Capital (NYSE: JNS) from Underweight to Overweight, price target raised from $11 to $16.

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

DOWNGRADES
FBR Capital downgrades Lowe's (NYSE: LOW) from Outperform to Market Perform, maintaining a $27 price target. Click Here for more color.

Wells Fargo downgrades Johnson & Johnson (NYSE: JNJ) from Outperform to Market Perform, with a valuation range lowered to $68 - $69 from $64 - $65. Click Here for more color.

Goldman Sachs downgrades Credit Suisse (NYSE: CS) from Buy to Neutral. Click Here for more color.

Cowen downgrades GSI Commerce (Nasdaq: GSIC) from Outperform to Underperform.

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

NEW COVERAGE
Cowen and Co. starts Human Genome Sciences (Nasdaq: HGSI) with an Underperform.

Nomura Securities initiates coverage on MGM Mirage (NYSE: MGM) with a Buy rating and $17 price target. Click Here for more color.

Credit Suisse initiates coverage on JinkoSolar Holding Co., Ltd. (NYSE: JKS) with a Outperform, and price target of $28.

Craig-Hallum initiates coverage on ZAGG Incorporated (Nasdaq: ZAGG) with a Buy rating and a price target of $13.

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

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