Notable Analyst Rating Changes 4/30: OXPS, SNY, LAMR Upgraded; SQNM, GT, ITRI Downgraded

April 30, 2009 10:08 AM EDT

UPGRADES:
Goldman Sachs upgrades optionsXpress Holdings, Inc. (Nasdaq: OXPS) from Sell to Neutral and removed the stock from its Conviction Sell List.

J.P. Morgan upgrades Sanofi-Aventis (NYSE: SNY) from Neutral to Overweight.

Soleil Securities upgrades CBS Corp. (NYSE: CBS) from Hold to Buy. Price target increased from $5 to $9.

J.P. Morgan upgrades Pzena Investment Management (NYSE: PZN) from Underweight to Overweight.

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

DOWNGRADES:
Cantor Fitzgerald downgrades Sequenom (Nasdaq: SQNM) from Buy to Hold. Price target slashed to $4 from $42.

Citi downgrades Goodyear Tire & Rubber Co (NYSE: GT) from Buy to Hold. Price target increased from $9 to $12.

Wachovia downgrades Itron, Inc. (Nasdaq: ITRI) from Outperform to Market Perform. Valuation Range: $45 to $47.

UBS downgrades Costco (Nasdaq: COST) from Buy to Neutral. Price target $52.

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

NEW COVERAGE:
RBC Capital initiates coverage on BHP Billiton (NYSE: BHP) with an Outperform.

Soleil Securities initiates coverage on Kindred Healthcare (NYSE: KND) with a Hold. Price target $15.50.

Soleil Securities initiates coverage on Sun Healthcare Group (Nasdaq: SUNH) with a Hold. Price target $11.50.

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


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Stocks Mentioned

BHP 75.27

-1.86 -2.41%
Volume: 6,886,442
Track BHP

CBS 13.46

+0.69 +5.40%
Volume: 13,190,815
Track CBS

COST 59.19

+0.17 +0.29%
Volume: 4,936,873
Track COST

GT 14.56

+0.90 +6.59%
Volume: 8,071,836
Track GT

ITRI 62.17

+0.53 +0.86%
Volume: 395,806
Track ITRI

KND 15.40

+0.54 +3.63%
Volume: 286,332
Track KND

OXPS 15.00

+0.24 +1.63%
Volume: 449,445
Track OXPS

PZN 7.39

+0.38 +5.42%
Volume: 19,719
Track PZN

SNY 39.38

-0.14 -0.35%
Volume: 2,120,272
Track SNY

SQNM 4.30

+0.08 +1.90%
Volume: 3,648,312
Track SQNM

SUNH 9.09

+0.35 +4.00%
Volume: 262,049
Track SUNH


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