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StreetInsider.com Notable Analyst Rating Changes:
UPGRADES:
Goldman Sachs upgrades Comcast (Nasdaq: CMCSA) from Neutral to Buy.
Goldman Sachs upgrades Comp Vale Do Rio (NYSE: RIO) from Neutral to Buy with a $42 price target, citing valuation and expectations the company will outperform peers.
Keefe, Bruyette, and Woods upgrades Marshall & Ilsley Corp (NYSE: MI) from Underperform to Market Perform with a $14 price target. The upgrade is due to valuation.
Piper Jaffray upgrades P.F. Chang's China Bistro (NASDAQ: PFCB) from Neutral to Buy with a $30 price target.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
UBS downgrades Wells Fargo (NYSE: WFC) from Buy to Neutral, saying the stock has outperformed the rest of the banking sector. The firm said macro uncertainties remain very high.
Goldman Sachs, Thomas Weisel, AmTech and Merrill Lynch downgrade eBay (Nasdaq: EBAY) to Neutral, Marketweight, Sell and Neutral, respectively.
Piper Jaffray downgrades Starbucks (NASDAQ: SBUX) from Buy to Neutral and lowers their price target from $18 to $14.
Raymond James downgrades Landstar System (Nasdaq: LSTR) from Strong Buy to Outperform.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Jefferies & Co initiates coverage on Solarfun (Nasdaq: SOLF) with a Buy. Price target $18.
Goldman Sachs restarted coverage on Best Buy (NYSE: BBY) with a Sell.
Stifel Nicolaus initiates coverage on Atwood Oceanics Inc. (NYSE: ATW) with a Hold rating.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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