Notable Analyst Rating Changes 08/01: (RSH) (ACI) (SPF) Upgraded; (SUNH) (KND) (BCSI) Downgraded

August 1, 2011 11:04 AM EDT
UPGRADES
Goldman Sachs upgrades RadioShack Corp. (NYSE: RSH) from Neutral to Conviction Buy, boosting its price target from $17 to $18. Click Here for more color.

Credit Agricole lifts Arch Coal Inc (NYSE: ACI) from Outperform to Buy, but its price target moves from $39 to $34.

UBS raises Standard Pacific (NYSE: SPF) from Neutral to Buy.

Morgan Stanley boosts Sourcefire (Nasdaq: FIRE) from Underweight to Equalweight.

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

DOWNGRADES
Sun Healthcare (Nasdaq: SUNH) lowered by several firms today:
  • Morgan Keegan from Outperform to Market Performprice target cut from $11 to $4;

  • Credit Suisse from Outperform to Neutral with a price target of $4.00;

  • Oppenheimer from Outperform to Underperform; and

  • RBC Capital from Outperform to Underperform, its price target slashed from $17 to $3.
Kindred Healthcare (NYSE: KND) downgraded at two firms today:
  • BB&T Capital from Buy to Hold; and

  • RBC Capital from Outperform to Sector Perform, price target lowered from $32 to $18.
Lazard Capital reduces Blue Coat Systems (Nasdaq: BCSI) from Buy to Hold.

Simmons cuts Southwestern Energy (NYSE: SWN) from Outperform to Neutral.

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

NEW COVERAGE
Vanguard Health Systems (NYSE: VHS) started by several firms:
  • Deutsche Bank with a Buy rating and a $21.50 price target. Click Here for more color;

  • JPMorgan with an Overweight rating and a $22 price target;

  • Barclays with an Overweight and a $22 target;

  • Baird with an Outperform and $22 target;

  • Lazard with a Buy and $21 target;

  • RBC with an Outperform and a $21 target;

  • Gleacher with a Buy and $20 target; and

  • Ticonderoga with a Buy and $21 target.
Maxim Group starts Renren Inc (NYSE: RENN) with a Sell, and $7.50 price target.

Lazard Capital initiates HomeAway (Nasdaq: AWAY) at Neutral.

Pacific Crest assumes Broadcom (Nasdaq: BRCM) at Outperform, and $46.00 price target.

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

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Credit Suisse, Deutsche Bank, UBS, JPMorgan, Morgan Stanley, Robert W Baird, Lazard, RBC Capital, Barclays, BB&T Capital Markets, Pacific Crest Securities, Morgan Keegan & Company, Maxim Group, Notable Analyst Rating Changes, Vanguard, Credit Agricole