Notable Analyst Rating Changes 5/28: UPS, FTO, WBMD, NVDA Upgraded; OVTI, EXC, RYAAY Downgraded
StreetInsider.com Notable Analyst Rating Changes:
UPGRADES:
Merrill Lynch upgrades UPS (NYSE: UPS) from Neutral to Buy.
Bear Stearns upgrades Frontier Oil (NYSE: FTO) from Underperform to Peer Perform.
Citi upgrades WebMD Corp (Nasdaq: WBMD) from Hold to Buy. Price target increased from $33 to $35.
JMP Securities upgrades NVIDIA (Nasdaq: NVDA) from Market Perform to Outperform, citing valuation and product momentum.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Oppenheimer downgrades OmniVision (Nasdaq: OVTI) from Outperform to Perform.
Citi downgrades Exelon Corp (NYSE: EXC) from Buy to Hold. Price target increased from $85 to $91.
Merrill Lynch downgrades Ryanair (Nasdaq: RYAAY) from Buy to Neutral.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Stifel Nicolaus initiates coverage on Bankrate (Nasdaq: RATE) with a Hold rating.
Jesup & Lamont initiates coverage on Diamond Offshore Drilling (NYSE: DO) with a Buy rating and a $184.50 price target.
Kaufman Bros initiates MEMC Electronic Materials (NYSE: WFR) with a Buy rating and $80 price target.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
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