Notable Analyst Rating Changes 5/26: AAPL, BAC, TM, YGE, Q Upgraded; FSLR, MWW, UNFI Downgraded

May 26, 2009 9:55 AM EDT

UPGRADES:
Morgan Stanley upgrades Apple (Nasdaq: AAPL) from Equal Weight to Overweight, saying iPhone sales will drive better-than-expected earnings the next two years. Click here for full color on the upgrade.

FBR Capital upgrades Bank of America (NYSE: BAC) from Underperform to Market Perform and maintains their $12 price target.

Bank of America upgrades Toyota Motor Corp. (NYSE: TM) from Underperform to Buy.

Lazard Capital upgrades Yingli Green Energy (NYSE: YGE) from Hold to Buy.

JP Morgan upgrades Qwest (NYSE: Q) from Neutral to Overweight, citing valuation.

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

DOWNGRADES:
FBR Capital downgrades First Solar (Nasdaq: FSLR) from Market Perform to Underperform and maintains their $110 price target, citing falling poly prices. Click here for full color on the report.

Wachovia downgrades Monster Worldwide, Inc. (NYSE: MWW) to Underperform. Here is the full report.

Goldman Sachs downgrades United Natural Foods, Inc. (Nasdaq: UNFI) from Neutral to Sell, citing valuation after stock run-up.

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

NEW COVERAGE:
Citi resumes coverage on Sohu.com (Nasdaq: SOHU) with a Buy. Price target $75. Click here for the full report.

Citi initiates coverage on Changyou (Nasdaq: CYOU) with a Buy rating and $45 target price.

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


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Stocks Mentioned

AAPL 196.23

-0.74 -0.38%
Volume: 25,539,259
Track AAPL

BAC 15.65

-0.25 -1.57%
Volume: 129,399,515
Track BAC

CYOU 32.85

-0.18 -0.54%
Volume: 89,401
Track CYOU

FSLR 121.71

-0.31 -0.25%
Volume: 1,104,157
Track FSLR

MWW 15.11

+0.10 +0.67%
Volume: 1,205,382
Track MWW

Q 3.93

+0.08 +2.08%
Volume: 23,891,748
Track Q

SOHU 55.00

-1.27 -2.26%
Volume: 847,623
Track SOHU

TM 81.98

+0.53 +0.65%
Volume: 461,814
Track TM

UNFI 26.00

+0.48 +1.88%
Volume: 263,409
Track UNFI

YGE 14.74

-0.01 -0.07%
Volume: 5,116,694
Track YGE


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