Notable Analyst Rating Changes 6/10: YHOO, X, ZEUS, DB Upgraded; SINA, CRDN, FSLR, PLL Downgraded

June 10, 2009 10:02 AM EDT

UPGRADES:
Soleil Securities upgrades Yahoo! (Nasdaq: YHOO) from Hold to Buy. Price target raised from $12 to $20. Click here for the full report.

KeyBanc upgrades US Steel (NYSE: X) and Olympic Steel (Nasdaq: ZEUS) to Buy. Click here for more color on the upgrades.

J.P. Morgan upgrades Deutsche Bank (NYSE: DB) from Underweight to Neutral.

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

DOWNGRADES:
Pali, Deutsche Bank and Citi all downgraded SINA Corp. (Nasdaq: SINA) to Hold, Sell and Sell, respectively. Here is the Pali downgrade.

Wachovia and ThinkEquity downgrade Ceradyne (Nasdaq: CRDN) to Underperform and Accumulate, respectively. Here is more color on the Wachovia downgrade.

Soleil Securities downgrades First Solar, Inc. (Nasdaq: FSLR) from Buy to Hold. Price target increased from $160 to $170. Here is the full report.

Barclays downgrades Pall (NYSE: PLL) from Overweight to Equalweight.

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

NEW COVERAGE:
JP Morgan initiates coverage on Satyam Computer Services Ltd. (NYSE: SAY) with an Overweight rating, saying they see a sharp turnaround in profits.

Citigroup initiates coverage on Dendreon (Nasdaq: DNDN) with a Buy rating and $35 price target, citing the potential of cancer vaccine PROVENGE.

Cowen & Co initiates coverage on Sanofi-Aventis (NYSE: SNY) with a Neutral.

Soleil Securities initiates coverage on Comerica Inc. (NYSE: CMA) with a Buy. Price target $28.50. Here is more color on the coverage.

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


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Stocks Mentioned

CMA 27.80

+0.00 +0.00%
Volume: 843,515
Track CMA

CRDN 16.82

+0.00 +0.00%
Volume: 66,364
Track CRDN

DB 71.24

+0.00 +0.00%
Volume: 717,333
Track DB

DNDN 27.24

+0.00 +0.00%
Volume: 950,094
Track DNDN

FSLR 120.30

+0.00 +0.00%
Volume: 1,081,345
Track FSLR

PLL 32.13

+0.00 +0.00%
Volume: 404,569
Track PLL

SAY 4.30

+0.00 +0.00%
Volume: 4,966,353
Track SAY

SINA 44.78

+0.00 +0.00%
Volume: 732,987
Track SINA

SNY 38.43

+0.00 +0.00%
Volume: 611,244
Track SNY

X 43.05

+0.00 +0.00%
Volume: 6,189,508
Track X

YHOO 15.00

+0.00 +0.00%
Volume: 11,452,844
Track YHOO

ZEUS 27.47

+0.00 +0.00%
Volume: 56,809
Track ZEUS


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