Notable Analyst Rating Changes 5/26: AAPL, BAC, TM, YGE, Q Upgraded; FSLR, MWW, UNFI Downgraded

May 26, 2009 9:55 AM EDT

UPGRADES:
Morgan Stanley upgrades Apple (Nasdaq: AAPL) from Equal Weight to Overweight, saying iPhone sales will drive better-than-expected earnings the next two years. Click here for full color on the upgrade.

FBR Capital upgrades Bank of America (NYSE: BAC) from Underperform to Market Perform and maintains their $12 price target.

Bank of America upgrades Toyota Motor Corp. (NYSE: TM) from Underperform to Buy.

Lazard Capital upgrades Yingli Green Energy (NYSE: YGE) from Hold to Buy.

JP Morgan upgrades Qwest (NYSE: Q) from Neutral to Overweight, citing valuation.

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

DOWNGRADES:
FBR Capital downgrades First Solar (Nasdaq: FSLR) from Market Perform to Underperform and maintains their $110 price target, citing falling poly prices. Click here for full color on the report.

Wachovia downgrades Monster Worldwide, Inc. (NYSE: MWW) to Underperform. Here is the full report.

Goldman Sachs downgrades United Natural Foods, Inc. (Nasdaq: UNFI) from Neutral to Sell, citing valuation after stock run-up.

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

NEW COVERAGE:
Citi resumes coverage on Sohu.com (Nasdaq: SOHU) with a Buy. Price target $75. Click here for the full report.

Citi initiates coverage on Changyou (Nasdaq: CYOU) with a Buy rating and $45 target price.

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


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Stocks Mentioned

AAPL 194.34

+0.31 +0.16%
Volume: 10,542,477
Track AAPL

BAC 15.05

-0.08 -0.53%
Volume: 152,280,652
Track BAC

CYOU 31.24

-0.15 -0.48%
Volume: 149,278
Track CYOU

FSLR 117.93

-2.83 -2.34%
Volume: 2,949,877
Track FSLR

MWW 15.01

-0.10 -0.66%
Volume: 2,642,565
Track MWW

Q 3.62

+0.01 +0.28%
Volume: 6,112,134
Track Q

SOHU 55.58

+0.42 +0.76%
Volume: 587,805
Track SOHU

TM 78.16

-2.42 -3.00%
Volume: 579,704
Track TM

UNFI 24.83

-0.21 -0.84%
Volume: 189,905
Track UNFI

YGE 12.19

-0.01 -0.08%
Volume: 1,926,585
Track YGE


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