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Notable Analyst Rating Changes 12/13: JDSU, NKE, NTAP, GOOG Upgraded; WNR, RIMM, SNDA, OVTI Downgraded

December 13, 2010 11:16 AM EST
JDSU Hot Sheet
Overall Analyst Rating:
    BUY (Up Up)

Revenue Growth %: -9.9%
UPGRADES
Piper Jaffray upgraded JDS Uniphase (Nasdaq: JDSU) to Overweight, while the firm raised its price target on the stock from $13 to $17.

UBS upgrades Nike (NYSE: NKE) from Neutral to Buy, price target raised from $84 to $100.

Barclays upgraded NetApp (Nasdaq: NTAP) from Equal Weight to Overweight, with a price target boosted from $56 to $67.

Wedbush upgraded Google (Nasdaq: GOOG) from Neutral to Outperform, with a price target increased from $575 to $750. Click Here for more color.

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

DOWNGRADES
RBC Capital downgraded Western Refining (NYSE: WNR) from Sector Perform to Underperform, raising its price target from $7 to $8.

Exane BNP Paribas downgrades Research In Motion (Nasdaq: RIMM) from Outperform to Neutral, with a $60 price target maintained.

Deutsche Bank downgrades Shanda Interactive (Nasdaq: SNDA) from Hold to Sell with a price target dropped to $33.70. Click Here for more color.

J.P. Morgan downgrades OmniVision Tech (Nasdaq: OVTI) to Neutral from Overweight with a $35 price target. Click Here for more color.

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

NEW COVERAGE
Goldman Sachs resumes coverage on Apple (Nasdaq: AAPL) with a Conviction Buy list rating and $430 price target. Click Here for more color.

SodaStream (Nasdaq: SODA) started by several firms today:
  • J.P. Morgan with a Neutral rating and a price target of $38;

  • William Blair with an Outperform rating and a price target of $40;

  • Oppenheimer with an Outperform rating and a price target of $40;

  • Roth Capital with a Buy rating and a price target of $50;

  • Deutsche Bank at Hold, with a price target of $35. Click Here for more color; and

  • Stifel Nicolaus at Hold.
JPMorgan initiates coverage on NovaGold Resources (NYSE: NG) with an Overweight rating and a price target of $19.

Goldman Sachs resumes coverage on EMC (NYSE: EMC) with a Buy rating and $27 price target. Click Here for more color.

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

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Goldman Sachs Conviction Buy List, Piper Jaffray, Stifel Nicolaus, Deutsche Bank, UBS, William Blair, JPMorgan, Roth Capital, RBC Capital, Barclays, Notable Analyst Rating Changes

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