Notable Analyst Rating Changes 6/11: RF, FITB, BBT, HBAN, STI, BAC, GSK Upgraded; UNH, TIN, ALV, VPRT Downgraded

June 11, 2009 10:32 AM EDT

UPGRADES:
Goldman Sachs upgraded Regions Financial (NYSE: RF) from Neutral to Buy with a $5 price target, Fifth Third (Nasdaq: FITB) from Neutral to Buy, target raised to $8.50, BB & T Corp. (NYSE: BBT) from Sell to Neutral, $24 target, Huntington Bancshares Inc. (Nasdaq: HBAN) from Sell to Neutral, $4.50 target and SunTrust Banks, Inc. (NYSE: STI) from Sell to Neutral, target raised to $18.

Keefe, Bruyette & Woods upgrades Bank of America (NYSE: BAC) to Outperform. Price target increased to $16.50. Click here for more color.

Morgan Stanley upgrades GlaxoSmithKline plc (NYSE: GSK) from Underweight to Equal Weight as part of its raised rating on the European Pharma sector to Attractive. The firm cited valuation for the call.

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

DOWNGRADES:
Oppenheimer is downgrading UnitedHealth Group (NYSE: UNH) to Underperform from Perform, and reducing their price target from $32 to $24. Click here for the full report.

UBS downgrades Temple-Inland (NYSE: TIN) from Buy to Neutral.

Bank of America downgrades Autoliv (NYSE: ALV) from Buy to Neutral.

Citi downgrades VistaPrint Ltd (Nasdaq: VPRT) from Buy to Hold.

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

NEW COVERAGE:
Piper Jaffray & Co. initiates coverage on MasterCard (NYSE: MA) with a Buy. Price target $222. Click here to see more color on the coverage.

Societe Generale initiates coverage on Schlumberger (NYSE: SLB) with a Buy.

Morgan Joseph initiates coverage on Mattel (NYSE: MAT) with a Buy. Price target $20. Click here for the full report.

Brean Murray initiates coverage on NPS Pharmaceuticals (Nasdaq: NPSP) with a Buy. Price target $11. Click here for more color.

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


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Stocks Mentioned

ALV 41.59

+1.31 +3.25%
Volume: 1,803,035
Track ALV

BAC 16.28

+0.52 +3.30%
Volume: 1,226,711,391
Track BAC

BBT 26.61

+1.04 +4.07%
Volume: 10,936,159
Track BBT

FITB 10.44

+0.12 +1.16%
Volume: 19,225,378
Track FITB

GSK 42.75

+0.31 +0.73%
Volume: 1,898,762
Track GSK

HBAN 3.69

+0.01 +0.27%
Volume: 24,144,241
Track HBAN

MA 241.33

+5.17 +2.19%
Volume: 1,431,867
Track MA

MAT 19.89

+0.22 +1.12%
Volume: 3,414,734
Track MAT

NPSP 3.48

+0.05 +1.46%
Volume: 123,889
Track NPSP

RF 5.71

+0.21 +3.82%
Volume: 29,570,261
Track RF

SLB 61.37

-0.83 -1.33%
Volume: 8,695,642
Track SLB

STI 22.80

+0.45 +2.01%
Volume: 10,200,301
Track STI

TIN 20.49

+1.16 +6.00%
Volume: 3,689,990
Track TIN

UNH 27.46

+0.13 +0.48%
Volume: 11,814,630
Track UNH

VPRT 58.69

+0.26 +0.44%
Volume: 580,634
Track VPRT


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