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Notable Analyst Rating Changes 9/14: ETFC, LVS, MOT, MSFT, UPS, UA Upgraded; POT, MOS, EE, FSLR, CPB Downgraded

September 14, 2009 10:06 AM EDT
ETFC Hot Sheet
Overall Analyst Rating:
    NEUTRAL (Down Down)

Revenue Growth %: -8.9%
UPGRADES:
Citigroup upgrades E*Trade Financial (Nasdaq: ETFC) from Hold to Buy and raised their price target from $1.50 to $2.30.

Bank of America Merrill Lynch upgrades Las Vegas Sands (NYSE: LVS) from Neutral to Buy. The firm raised its price target by 50% from $14 to $21.

UBS upgrades Motorola (NYSE: MOT) from Neutral to Buy. Price target increased from $7.50 to $11.50.

Auriga upgrades Microsoft (Nasdaq: MSFT) from Hold to Buy and raises their price target from $24 to $30, saying while Q1 will be weak, the cycle of downward estimate revisions for the company is drawing to a close.

Credit Suisse upgrades United Parcel Service (NYSE: UPS) from Underperform to Neutral.

Goldman Sachs upgrades Under Armour, Inc. (NYSE: UA) from Sell to Neutral, also raising its price target from $19 to $25.

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

DOWNGRADES:
Citigroup is downgrading Potash (NYSE: POT) and Mosaic (NYSE: MOS) to Hold from Buy with POT's target lowered to $98 (prev. $115) and MOS seeing its target lowered to $54 (prev. $62).

Goldman Sachs downgrades El Paso Electric (NYSE: EE) from Buy to Neutral, citing recent share performance and near-term and long-term valuation.

Soleil Securities downgrades First Solar (Nasdaq: FSLR) from Hold to Sell. Price target slashed from $170 to $96. Click here for the full report.

Bank of America downgrades Campbell Soup (NYSE: CPB) from Buy to Neutral. Price target increased by $2 to $34.

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

NEW COVERAGE:
Goldman Sachs initiates coverage on Thomson Reuters Corporation (NYSE: TRI) with a Neutral rating and $38.30 price target

HSBC initiates coverage on Alcoa (NYSE: AA) with an Underweight rating. Price target $11.

KeyBanc initiates coverage on Atlas America Inc. (NASDAQ: ATLS) with a Buy. Price target $31. Click here for the full report.

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

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Credit Suisse, UBS, Citi, KeyBanc, Merrill Lynch, Soleil Securities, Bank of America, HSBC, Notable Analyst Rating Changes

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