Notable Analyst Rating Changes 6/12: NT, APC, CHU, TROW Upgraded; ACI, KGC, OXY Downgraded
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StreetInsider.com Notable Analyst Rating Changes:
UPGRADES:
J.P. Morgan upgrades Nortel (NYSE: NT) from Neutral to Overweight.
Goldman Sachs upgrades Anadarko Petroleum Corp. (NYSE: APC) from Neutral to Buy.
Deutsche Bank upgrades China Unicom (NYSE: CHU) from Sell to Hold.
Merrill Lynch upgrades T. Rowe Price (Nasdaq: TROW) from Neutral to Buy.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
J.P. Morgan downgrades Arch Coal (NYSE: ACI) from Overweight to Neutral.
Thomas Weisel downgrades Kinross Gold (NYSE: KGC) from Overweight to Market-Weight. Price target $23.
Merrill Lynch downgrades Occidental Petroleum (NYSE: OXY) from Buy to Neutral.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
BofA resumes coverage on Staples (Nasdaq: SPLS) with a Buy.
J.P. Morgan initiates coverage on The Buckle (NYSE: BKE) with an Overweight.
Thomas Weisel initiates coverage on Barrick Gold (NYSE: ABX) with an Overweight. Price target $52.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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