Notable Analyst Rating Changes 6/10: YHOO, X, ZEUS, DB Upgraded; SINA, CRDN, FSLR, PLL Downgraded

June 10, 2009 10:02 AM EDT

UPGRADES:
Soleil Securities upgrades Yahoo! (Nasdaq: YHOO) from Hold to Buy. Price target raised from $12 to $20. Click here for the full report.

KeyBanc upgrades US Steel (NYSE: X) and Olympic Steel (Nasdaq: ZEUS) to Buy. Click here for more color on the upgrades.

J.P. Morgan upgrades Deutsche Bank (NYSE: DB) from Underweight to Neutral.

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

DOWNGRADES:
Pali, Deutsche Bank and Citi all downgraded SINA Corp. (Nasdaq: SINA) to Hold, Sell and Sell, respectively. Here is the Pali downgrade.

Wachovia and ThinkEquity downgrade Ceradyne (Nasdaq: CRDN) to Underperform and Accumulate, respectively. Here is more color on the Wachovia downgrade.

Soleil Securities downgrades First Solar, Inc. (Nasdaq: FSLR) from Buy to Hold. Price target increased from $160 to $170. Here is the full report.

Barclays downgrades Pall (NYSE: PLL) from Overweight to Equalweight.

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

NEW COVERAGE:
JP Morgan initiates coverage on Satyam Computer Services Ltd. (NYSE: SAY) with an Overweight rating, saying they see a sharp turnaround in profits.

Citigroup initiates coverage on Dendreon (Nasdaq: DNDN) with a Buy rating and $35 price target, citing the potential of cancer vaccine PROVENGE.

Cowen & Co initiates coverage on Sanofi-Aventis (NYSE: SNY) with a Neutral.

Soleil Securities initiates coverage on Comerica Inc. (NYSE: CMA) with a Buy. Price target $28.50. Here is more color on the coverage.

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


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Stocks Mentioned

CMA 27.66

-1.00 -3.49%
Volume: 2,256,552
Track CMA

CRDN 17.52

-0.46 -2.56%
Volume: 138,618
Track CRDN

DB 72.75

-0.86 -1.17%
Volume: 547,299
Track DB

DNDN 27.18

-0.68 -2.44%
Volume: 1,502,308
Track DNDN

FSLR 128.12

+6.41 +5.27%
Volume: 5,305,699
Track FSLR

PLL 31.51

-0.53 -1.65%
Volume: 786,462
Track PLL

SAY 4.76

-0.04 -0.83%
Volume: 2,300,885
Track SAY

SINA 45.72

-0.62 -1.34%
Volume: 359,775
Track SINA

SNY 39.52

-0.23 -0.58%
Volume: 1,131,984
Track SNY

X 44.95

-0.47 -1.03%
Volume: 9,470,528
Track X

YHOO 15.11

-0.20 -1.31%
Volume: 17,196,452
Track YHOO

ZEUS 28.91

-0.80 -2.69%
Volume: 148,125
Track ZEUS


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