Notable Analyst Rating Changes 07/06: (AXL) (TSO) (HEV) Upgraded; (NFLX) (INTU) (OC) Downgraded

UPGRADES
KeyBanc upgrades American Axle (NYSE: AXL) from Hold to Buy with a $15 price target. Click Here for more color.

Barclays Capital lifts Tesoro (NYSE: TSO) from Equalweight to to Overweight while boosting its price target from $32 to $37. Click Here for more color.

Wunderlich Securities lifts Ener1 Inc (Nasdaq: HEV) from Sell to Hold, its price target maintained at $1.

Citi raises FXCM (Nasdaq: FXCM) from Sell to Hold, its price target raised from $7 to $11.

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

DOWNGRADES
Merriman cuts Netflix (Nasdaq: NFLX) from Buy to Neutral, seeing limited upside to its price target.

Morgan Stanley lowers Intuit (Nasdaq: INTU) from Overweight to Equalweight.

BB&T Capital reduces Owens Corning (NYSE: OC) from Buy to Hold.

Davenport slices Walter Energy (NYSE: WLT) from Buy to Neutral.

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

NEW COVERAGE
Solazyme (Nasdaq: SZYM) initiated by several firms today:

• Goldman Sachs at Buy rating and $31 price target. Click Here for more color.
  
  
• Morgan Stanley with a Overweight rating and $29 price target.
  
  
• Jefferies with a Buy rating and $29 price target. Click Here for more color.
  
  
• Lazard Capital at Buy, and $30 price target.
  
  
• Pacific Crest with an Outperform, and $28 price target.

BofA/Merrill Lynch begins Qiagen NV (Nasdaq: QGEN) with a Buy rating and €17 price target.

William Blair begins Chubb Corporation (NYSE: CB) with an Underperform.

RBC Capital starts CBS (NYSE: CBS) with an Outperform, and price target of $33.

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

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