Notable Analyst Rating Changes 6/9: X, CSX, OMTR, MRVL Higher; HIG, VRX, MAS Lower

June 9, 2009 9:40 AM EDT

UPGRADES:
Morgan Stanley upgrades U.S. Steel (NYSE: X) from Equal-weight to Overweight.

Goldman Sachs upgrades CSX Corp. (NYSE: CSX) from Neutral to Buy and raises their price target from $36 to $40.

Morgan Stanley upgrades Omniture (Nasdaq: OMTR) from Equalweight to Overweight. Click here to see full color on the upgrade.

JMP Securities upgrades Marvell Technology (Nasdaq: MRVL) from Underperform to Outperform.

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

DOWNGRADES:
Citigroup downgrades Hartford Financial (NYSE: HIG) from Buy to Hold and lowers their price target from $21 to $19, citing a management vacuum after Chairman/CEO Ayer announced plans to retire.

Wachovia downgrades Valeant Pharmaceuticals (NYSE: VRX) to Underperform. Valuation Range: $15 to $17. Click here for the full report.

UBS downgrades Masco (NYSE: MAS) from Neutral to Sell.

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

NEW COVERAGE:
Sanford C. Bernstein initiates coverage on State Street (NYSE: STT) with an Outperform rating.

Brean Murray Initiates Coverage on athenahealth (Nasdaq: ATHN) with a Buy. Click here for more color on the coverage.

J.P. Morgan initiates coverage on CarMax (NYSE: KMX) with a Neutral rating. Price target $15.

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


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Stocks Mentioned

ATHN 42.13

+0.22 +0.52%
Volume: 7,914
Track ATHN

CSX 48.18

-0.28 -0.58%
Volume: 71,620
Track CSX

HIG 25.07

-0.27 -1.07%
Volume: 164,496
Track HIG

KMX 21.21

-0.04 -0.19%
Volume: 42,593
Track KMX

MAS 13.15

-0.05 -0.38%
Volume: 51,546
Track MAS

MRVL 15.27

+0.03 +0.20%
Volume: 147,464
Track MRVL

OMTR 21.52

+0.00 +0.00%
Volume: 3,264,159
Track OMTR

STT 43.40

-0.33 -0.75%
Volume: 113,521
Track STT

VRX 32.76

-0.04 -0.12%
Volume: 26,483
Track VRX

X 38.39

-0.32 -0.83%
Volume: 308,259
Track X


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