Notable Analyst Rating Changes 5/1: RIMM, IRM, OMCL Upgraded; SQNM, GIGM, KEX Downgraded

May 1, 2009 11:58 AM EDT

UPGRADES:
UBSupgrades Research In Motion (Nasdaq: RIMM) from Neutral to Buy, and also raised its price target by 38% from $65 to $90.

Benchmark upgrades Iron Mountain (NYSE: IRM) from Hold to Buy. Price target $35.

Auriga upgrades Omnicell (Nasdaq: OMCL) from Hold to Buy. Price target increased from $8 to $11.

Auriga upgrades McAfee (NYSE: MFE) from Sell to Hold.

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

DOWNGRADES:
Cantor Fitzgerald downgrades Sequenom (Nasdaq: SQNM) from Buy to Hold.

Cantor Fitzgerald downgrades Kirby (NYSE: KEX) from Buy to Hold.

Benchmark downgrades GigaMedia (Nasdaq: GIGM) from Buy to Hold.

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

NEW COVERAGE:
KeyBanc initiates covearge on Flowers Foods, Inc. (NYSE: FLO) with a Buy. Price target $27.

KeyBanc initiates coverage on Diamond Foods, (Nasdaq: DMND) with a Buy rating and a price target of $32.

Thomas Weisel initiates coverage on Goodrich Petroleum (NYSE: GDP) with an Underweight. Price target $18.

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

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Related Entities

• UBS
• Cantor Fitzgerald
• KeyBanc
• Thomas Weisel Partners Group
• Notable Analyst Rating Changes

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