Notable Analyst Rating Changes 7/27: KNX, IACI, CNW, PNK, BEAV Upgraded; BA, ADSK, AMZN, GD Downgraded

July 27, 2009 9:50 AM EDT

UPGRADES:
Baird upgrades Knight Transportation (NYSE: KNX) from Neutral to Outperform. Price target increased $2 to $21.

Stifel Nicolaus upgrades IAC/InterActiveCorp (Nasdaq: IACI) from Hold to Buy.

Credit Suisse upgrades Con-way (NYSE: CNW) from Underperform to Neutral.

Morgan Joseph upgrades Pinnacle Entertainment (NYSE: PNK) from Hold to Buy. Price target $13. Click here for the full report.

FBR Capital upgrades B/E Aerospace (Nasdaq: BEAV) from Market Perform to Outperform and reiterates their $22 price target, citing valuation. Here is more color on the upgrade.

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

DOWNGRADES:
Barclays downgrades Boeing (NYSE: BA) from Overweight to Equalweight. Price target dropped from $60 to $46.

Deutsche Bank downgrades Autodesk (Nasdaq: ADSK) from Buy to Hold. Click here for the full report.

BWS Financial downgrades Amazon.com (Nasdaq: AMZN) from Hold to Sell following Q2 results, saying the margin story is nonexistent. Click here for the full report.

SocGen downgrades General Dynamics (NYSE: GD) from Hold to Sell.

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

NEW COVERAGE:
Citigroup initiates coverage on Western Union (NYSE: WU) with a Buy rating and $22 price target.

Barclays reinstates coverage on Exelon (NYSE: EXC) with an Equalweight rating. Price target $61.

Morgan Stanley resumes coverage on EMC Corp (NYSE: EMC) with an Overweight rating.

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


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Stocks Mentioned

ADSK 24.03

+0.15 +0.63%
Volume: 2,866,900
Track ADSK

AMZN 134.03

+1.09 +0.82%
Volume: 5,076,447
Track AMZN

BA 52.93

+0.96 +1.85%
Volume: 3,021,455
Track BA

BEAV 20.34

+0.64 +3.25%
Volume: 827,033
Track BEAV

CNW 30.53

+0.04 +0.13%
Volume: 1,159,832
Track CNW

EMC 16.91

-0.03 -0.18%
Volume: 13,181,070
Track EMC

EXC 48.29

+0.86 +1.81%
Volume: 4,575,758
Track EXC

GD 68.13

+0.81 +1.20%
Volume: 1,584,598
Track GD

IACI 19.74

-0.19 -0.95%
Volume: 1,617,261
Track IACI

KNX 17.11

-0.07 -0.41%
Volume: 267,452
Track KNX

PNK 10.95

-0.27 -2.41%
Volume: 473,275
Track PNK

WU 18.91

-0.01 -0.05%
Volume: 5,001,399
Track WU


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