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Notable Analyst Rating Changes of the Day 02/08: HD, AMZN, ARAY, WGO Upgraded; BMRN, ARG, HK Downgraded

February 8, 2010 10:45 AM EST
UPGRADES
Morgan Stanley upgrades Home Depot (NYSE: HD) from Equal Weight to Overweight with a $35 price target.

Collins Stewart upgrades Amazon.com (NASDAQ: AMZN) to Buy. Price target $150. Click Here for more color.

Jefferies & Co upgrades Accuray (NASDAQ: ARAY) from Hold to Buy. Price target increased from $6.50 to $8.

Baird upgrades Winnebago Industries (NYSE: WGO) from Underperform to Neutral. Price target $11.

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

DOWNGRADES
Brean Murray downgrades BioMarin Pharmaceutical (NASDAQ: BMRN) from Buy to Hold.

Airgas (NYSE: ARG) downgraded by two banks:
  • KeyBanc to Hold. Click Here for more color;

  • BB&T from Buy to Hold
Bernstein downgrades Petrohawk Energy (NYSE: HK) from Outperform to Market Perform.

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

NEW COVERAGE
Citi initiates coverage on Broadcom (NASDAQ: BRCM) with a Buy rating. Price target $35.

Goldman Sachs starts CyberSource Corporation (NASDAQ: CYBS) with a Sell and $13 price target.

BMO Capital initiates coverage on lululemon athletica (NASDAQ: LULU) with a Market Perform rating. Price target $28.

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

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Brean Murray Carret & Co., Citi, KeyBanc, Morgan Stanley, Jefferies & Co, Robert W Baird, BMO Capital, Collins Stewart, BB&T Capital Markets, Notable Analyst Rating Changes

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