Notable Analyst Rating Changes 6/9: X, CSX, OMTR, MRVL Higher; HIG, VRX, MAS Lower

June 9, 2009 9:40 AM EDT

UPGRADES:
Morgan Stanley upgrades U.S. Steel (NYSE: X) from Equal-weight to Overweight.

Goldman Sachs upgrades CSX Corp. (NYSE: CSX) from Neutral to Buy and raises their price target from $36 to $40.

Morgan Stanley upgrades Omniture (Nasdaq: OMTR) from Equalweight to Overweight. Click here to see full color on the upgrade.

JMP Securities upgrades Marvell Technology (Nasdaq: MRVL) from Underperform to Outperform.

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

DOWNGRADES:
Citigroup downgrades Hartford Financial (NYSE: HIG) from Buy to Hold and lowers their price target from $21 to $19, citing a management vacuum after Chairman/CEO Ayer announced plans to retire.

Wachovia downgrades Valeant Pharmaceuticals (NYSE: VRX) to Underperform. Valuation Range: $15 to $17. Click here for the full report.

UBS downgrades Masco (NYSE: MAS) from Neutral to Sell.

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

NEW COVERAGE:
Sanford C. Bernstein initiates coverage on State Street (NYSE: STT) with an Outperform rating.

Brean Murray Initiates Coverage on athenahealth (Nasdaq: ATHN) with a Buy. Click here for more color on the coverage.

J.P. Morgan initiates coverage on CarMax (NYSE: KMX) with a Neutral rating. Price target $15.

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


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Stocks Mentioned

ATHN 46.74

+1.04 +2.28%
Volume: 935,113
Track ATHN

CSX 50.13

+1.88 +3.90%
Volume: 5,637,037
Track CSX

HIG 24.67

+0.44 +1.82%
Volume: 7,995,054
Track HIG

KMX 19.97

+0.34 +1.73%
Volume: 1,493,781
Track KMX

MAS 14.60

+0.42 +2.96%
Volume: 4,857,336
Track MAS

MRVL 18.06

+1.53 +9.26%
Volume: 27,741,058
Track MRVL

OMTR 21.52

+0.00 +0.00%
Volume: 3,264,159
Track OMTR

STT 41.68

+0.53 +1.29%
Volume: 5,399,966
Track STT

VRX 32.11

-0.12 -0.37%
Volume: 529,579
Track VRX

X 44.39

-0.56 -1.25%
Volume: 13,953,337
Track X


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