Notable Analyst Rating Changes 06/28: (TJX) (NRG) (STX) Upgraded; (JASO) (MMI) (SOL) Downgraded

June 28, 2011 10:46 AM EDT
UPGRADES
Goldman Sachs lifts The TJX Companies (NYSE: TJX) from Neutral to Buy with a $61 price target. Click Here for more color.

Jefferies raises NRG Energy (NYSE: NRG) from Hold to Buy and raised their price target from $26 to $27. Click Here for more color.

FBN Securities boosts Seagate Technology (Nasdaq: STX) from Sector Perform to Outperform, its price target raised from $20 to $21.

Canaccord Genuity upgrades OmniVision Technologies (Nasdaq: OVTI) from Neutral to Buy, its price target moves from $33 to $38. Click Here for more color.

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

DOWNGRADES
Brean Murray Carret & Co. downgrades JA Solar Holdings Co., Ltd. (Nasdaq: JASO) from Hold to Sell. Click Here for more color.

BMO Capital downgraded shares of Motorola Mobility Holdings (NYSE: MMI) from Market Perform to Underperform, while slashing its price target on the company from $26 to $19.

Brean Murray Carret & Co. lowers ReneSola Ltd. (NYSE: SOL) from Buy to Hold.

TD Newcrest reduces ABITIBIBOWATER Inc. (NYSE: ABH) from Buy to Hold, its price target lowered from $31 to $25. Click Here for more color.

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

NEW COVERAGE
LinkedIn'(Nasdaq: LNKD) gets initiated at several firms:
  • J.P. Morgan at Overweight rating and $85 price target;

  • UBS with a Buy rating and $90 price target. Click Here for more color;

  • BofA/Merrill Lynch at Buy with a $92 price target; and

  • Morgan Stanley with an Overweight with an $88 price target.
UBS initiates Valero Energy (NYSE: VLO) with a Buy rating.

Jefferies begins Accenture plc (NYSE: ACN) with a Hold and $58 price target.

KeyBanc starts Cree (Nasdaq: CREE) with a Buy rating and $41 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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Brean Murray Carret & Co., UBS, JPMorgan, KeyBanc, Morgan Stanley, Jefferies & Co, BMO Capital, TD Newcrest, Notable Analyst Rating Changes, Earnings