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 116.86

-0.27 -0.23%
Volume: 6,182,931
Track AMZN

BMRC 33.39

-0.45 -1.33%
Volume: 5,563
Track BMRC

CNW 34.00

-0.58 -1.68%
Volume: 675,445
Track CNW

ETFC 14.43

+0.07 +0.49%
Volume: 3,296,735
Track ETFC

JNPR 25.06

+0.00 +0.00%
Volume: 6,983,636
Track JNPR

MMM 86.34

-0.35 -0.40%
Volume: 3,344,587
Track MMM

NFLX 98.02

-2.29 -2.28%
Volume: 5,056,363
Track NFLX

NOC 58.44

+0.05 +0.09%
Volume: 2,462,451
Track NOC

PCS 8.87

+0.06 +0.68%
Volume: 5,339,018
Track PCS

POT 102.80

+5.09 +5.21%
Volume: 9,864,222
Track POT

PSYS 33.12

+0.06 +0.18%
Volume: 864,636
Track PSYS

RSH 20.80

+0.61 +3.02%
Volume: 4,439,831
Track RSH


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