Notable Analyst Rating Changes 03/23: (PHM) (TXT) (CTAS) Upgraded; (CCL) (CELL) (SIRI) Downgraded

UPGRADES
Goldman Sachs added PulteGroup (NYSE: PHM) to its Conviction Buy list with a $10 price target. Click Here for more color.

JPMorgan upgraded Textron (NYSE: TXT) from Neutral to Overweight, increasing their price target from $26 to $30.

Soleil Securities ups Cintas (Nasdaq: CTAS) from Hold to Gradually Accumulate, with a price target increased from $31 to $35.

BofA/Merrill Lynch upgrades shares of Owens Corning (NYSE: OC) from Neutral to Buy, boosting its price target from $39 to $42.

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

DOWNGRADES
Goldman Sachs removed Carnival Corporation (NYSE: CCL) to Buy from its Conviction Buy List Wednesday, but kept a Buy rating and $51 price target. Click Here for more color.

Citi lowers Brightpoint (Nasdaq: CELL) from Buy to Hold.

Wunderlich Securities lowers Sirius XM (Nasdaq: SIRI) from Buy to Hold, cutting its price target from $2 to $1.65.

Davenport reduces ConAgra (NYSE: CAG) from Buy to Neutral.

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

NEW COVERAGE
Deutsche Bank resumes coverage on Starbucks (Nasdaq: SBUX) with a Buy, and $41 price target. Click Here for more color.

Kinder Morgan (NYSE: KMI) initiated by several firms today:

• Wells Fargo with a Market Perform, and valuation range of $30 - $33. Click Here for more color;
  
  
• Goldman with a Neutral rating and a $32 price target;
  
  
• BofA with a Neutral rating and a $36 target;
  
  
• Morgan Stanley with an Equalweight rating and a $33 target;
  
  
• JPMorgan with an Overweight rating and a $33.50 target;
  
  
• Citi with a Hold rating and a $31.50 target;
  
  
• Credit Suisse with a Neutral rating and a $32 target;
  
  
• Barclays with an Overweight rating and a $34 target;
  
  
• RBC Capital with an Outperform rating and a $33 target; and
  
  
• Raymond James with an Outperform rating and a $33 target.

Dawson James initiates coverage on Level 3 Communications (Nasdaq: LVLT) with a Buy, and price target of $3.

Boenning & Scattergood starts Heckmann Corporation (NYSE: HEK) with an Outperform, and $7.50 price target.

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

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