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Notable Analyst Rating Changes 03/22: (NFLX) (DANG) (NE) Upgraded; (AGP) (CP) (EXPD) Downgraded

March 22, 2011 10:48 AM EDT
UPGRADES
Credit Suisse upgraded Netflix (Nasdaq: NFLX) from Neutral to Outperform, boosting its price target from $180 to $280.

Piper Jaffray ups E-Commerce China Dangdang (NYSE: DANG) from Neutral to Overweight, lowering its price target from $30 to $25. Click Here for more color.

BMO Capital upgraded Noble Corporation (NYSE: NE) from Market Perform to Outperform, increasing their price target from $51 to $55.

Raymond James upgrades Sprint (NYSE: S) from Outperform to Strong Buy.

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

DOWNGRADES
Goldman Sachs downgraded AMERIGROUP (NYSE: AGP) from Neutral to Sell. Click Here for more color.

Canadian Pacific (NYSE: CP) downgraded by two big firms today:
    BofA/Merrill Lynch from Neutral to Underperform; and

  • Barclays from Equalweight to Underweight, lowering their price target from $77 to $70.
RBC Capital lowers Expeditors International (Nsadaq: EXPD) from Outperform to Sector Perform, reducing their price target from $55 to $53.

Morgan Joseph downgraded Towerstream (Nasdaq: TWER) from Hold to Sell, with a $3 price target. Click Here for more color.

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

NEW COVERAGE
Allstate (NYSE: ALL) started by two today:
  • JMP Securities with a Market Perform; and

  • Sterne Agee with a Buy.
Stifel Nicolaus initiates coverage on Bunge (NYSE: BG) with a Hold.

Macquarie begins American International Group (NYSE: AIG) with a Outperform and $45 price target.

Soleil Securities initiates coverage on Stage Stores (NYSE: SSI) with a Buy, and $26 price target. Click Here for more color.

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

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Credit Suisse, Piper Jaffray, Stifel, Raymond James, Soleil Securities, BMO Capital, RBC Capital, Morgan Joseph, Sterne Agee, JMP Securities, Barclays, Notable Analyst Rating Changes