Notable Analyst Rating Changes 5/21: TGT, FCX, CME, THC, CSIQ Upgraded; PETM, VALE, POT Downgraded

May 21, 2009 10:10 AM EDT

UPGRADES:
UBS upgrades Target (NYSE: TGT) from Neutral to Buy. Price target $52.

JP Morgan upgrades Freeport-McMoRan (NYSE: FCX) from Neutral to Overweight.

Goldman Sachs upgrades CME Group Inc. (NYSE: CME) from Neutral to Buy and raised its price target from $215 to $330.

Barclays upgrades Tenet Healthcare (NYSE: THC) from Equalweight to Overweight.

Oppenheimer upgrades Canadian Solar (Nasdaq: CSIQ) from Perform to Outperform. Price target $14.

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

DOWNGRADES:
Goldman Sachs downgrades PetSmart (Nasdaq: PETM) from Buy to Neutral.

Morgan Stanley downgrades Vale (Nasdaq: VALE) from Equalweight to Underweight.

TD Newcrest downgrades Potash Corp. of Saskatchewan (NYSE: POT) from Buy to Hold. Click here for more color.

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

NEW COVERAGE:
Soleil Securities initiates coverage on Marriott International (NYSE: MAR) with a Buy. Price target $30.

William Blair initiates coverage on Perrigo (Nasdaq: PRGO) with an Outperform.

Soleil Securities initiates coverage on Priceline.com (Nasdaq: PCLN) with a Hold. Price target $112.

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


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Stocks Mentioned

CME 311.01

-2.73 -0.87%
Volume: 118,816
Track CME

CSIQ 16.97

-0.13 -0.76%
Volume: 403,201
Track CSIQ

FCX 81.38

-1.82 -2.19%
Volume: 5,738,998
Track FCX

MAR 26.55

-0.33 -1.23%
Volume: 562,056
Track MAR

PCLN 204.50

+30.77 +17.71%
Volume: 4,975,853
Track PCLN

PETM 24.52

-0.07 -0.28%
Volume: 211,240
Track PETM

POT 97.85

-1.82 -1.83%
Volume: 1,655,044
Track POT

PRGO 39.37

-0.25 -0.63%
Volume: 278,187
Track PRGO

TGT 50.15

-0.30 -0.59%
Volume: 1,784,458
Track TGT

THC 5.51

+0.21 +3.96%
Volume: 3,237,861
Track THC

VALE 28.28

-0.26 -0.91%
Volume: 9,649,090
Track VALE


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