Notable Analyst Rating Changes 7/24: JNPR, CNW, ETFC, RSH, MMM Upgraded; AMZN, NFLX, NOC, POT Downgraded

July 24, 2009 9:41 AM EDT

UPGRADES:
Goldman Sachs upgrades Juniper Networks, Inc. (Nasdaq: JNPR) from Neutral to Buy and raises their price target from $24 to $29. Click here for some more color on the upgrade.

J.P. Morgan upgrades Con-way (NYSE: CNW) from Neutral to Overweight.

Citi upgrades E*TRADE (Nasdaq: ETFC) from Sell to Hold. Price target increased from $1 to $1.50.

RBC and FBR upgrade RadioShack (NYSE: RSH) to Outperform.

Bank of America upgrades 3M (NYSE: MMM) from Underperform to Neutral. Price target increased from $56 to $75.

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

DOWNGRADES:
Collins Stewart downgrades Amazon.com (Nasdaq: AMZN) to Hold. Click here for the full report.

Oppenheimer downgrades Netflix (Nasdaq: NFLX) from Perform to Underperform. Wedbush Morgan also downgraded the stock from Outperform to Neutral. Click here for more color on that report.

Cowen and BofA downgraded Northrop Grumman (NYSE: NOC) to Neutral and Underperform, respectively.

J.P. Morgan downgrades Potash (NYSE: POT) from Overweight to Neutral. Price target $90.

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

NEW COVERAGE:
RBC Capital initiates coverage on Psychiatric Solutions (Nasdaq: PSYS) with an Outperform rating. Price target $30.

SunTrust initiates coverage on MetroPCS (NYSE: PCS) with a Buy. Price target $21.

Keefe, Bruyette & Woods initiates coverage on Bank of Marin (Nasdaq: BMRC) with a Market Perform rating. Price target $30.

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


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Stocks Mentioned

AMZN 187.68

+5.96 +3.28%
Volume: 8,122,182
Track AMZN

BMRC 39.99

+0.90 +2.30%
Volume: 19,914
Track BMRC

CNW 30.71

-2.26 -6.85%
Volume: 3,241,678
Track CNW

ETFC 9.19

+0.34 +3.84%
Volume: 9,772,738
Track ETFC

JNPR 22.55

+0.94 +4.35%
Volume: 11,814,374
Track JNPR

MMM 87.73

+0.30 +0.34%
Volume: 3,195,408
Track MMM

NFLX 126.43

+2.43 +1.96%
Volume: 6,686,858
Track NFLX

NOC 58.31

+0.01 +0.02%
Volume: 3,042,840
Track NOC

PCS 9.44

+0.22 +2.39%
Volume: 6,187,994
Track PCS

POT 46.93

-0.33 -0.70%
Volume: 8,153,336
Track POT

PSYS 0.75

+0.00 +0.00%
Volume: 1,147,750
Track PSYS

RSH 7.39

+0.10 +1.37%
Volume: 5,979,437
Track RSH


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