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Notable Analyst Ratings Changes 12/08: UAUA, CBS, STP, JASO, AGU, SYY Upgraded; S, ENDP, CCJ, BEAV Downgraded

December 8, 2009 10:52 AM EST
UAUA Hot Sheet
Overall Analyst Rating:
    BUY (= Flat)
UPGRADES:
Jesup & Lamont upgrades UAL Corp. (Nasdaq: UAUA) from Hold to Buy. Click here for the full report.

Caris & Co upgrades CBS Corp (NYSE: CBS) from Sell to Below Average. Price target increased from $8 to $10.50.

BMO upgraded two energy companies from Underweight to Market Weight:
  • Suntech (NYSE: STP) with a raise in price target to $14 from $12; and
  • JA Solar (NASDAQ: JASO) and a market price of $4 from $3.
BMO Capital has upgraded shares of Agrium (NYSE: AGU) from Market Perform to Outperform this morning, also boosting its price target from $55 to $80. Click Here for more color.

Citi upgrades Sysco Corp. (NYSE: SYY) from Hold to Buy. Price target increased from $28 to $34.

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

DOWNGRADES:
Pali Research downgrades Sprint Nextel (NYSE: S) from Buy to Neutral. Click Here for more color.

Barclays downgrades Endo Pharmaceuticals (NASDAQ: ENDP) from Overweight to Equalweight. Price target cut from $29 to $20.

BMO Capital downgrades Cameco (NYSE: CCJ) from Outperform to Market Perform.

Stifel Nicolaus downgrades BE Aerospace (NASDAQ: BEAV) from Buy to Hold.

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

NEW COVERAGE:

Sanford C. Bernstein initiates coverage on Motorola Inc. (NYSE: MOT) with an Outperform rating and $11 price target.

Stifel Nicolaus initiates coverage on Smith Int'l (NYSE: SII), with a Hold rating.

Standpoint Research initiates coverage on Aeropostale (NYSE: ARO) with a Buy recommendation and $45 price target for 2011-2012. Click Here for more color.

Stifel Nicolaus initiates coverage on Baker Hughes (NYSE: BHI) with a Hold rating.

Needham & Co initiates coverage on Time Warner Cable (NYSE: TWC) with a Buy rating. Price target $55.

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

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Stifel Nicolaus, Citi, Needham & Company, BMO Capital, Sanford C. Bernstein, Pali Research, Jesup & Lamont, Barclays

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