Notable Analyst Rating Changes 09/06: (SODA) (DV) (FITB) Upgraded; (LDK) (WFC) (PHM) Downgraded

September 6, 2011 11:25 AM EDT
UPGRADES
JPMorgan upgrades SodaStream International (Nasdaq: SODA) from Neutral to Overweight with a price target of $50.

Deutsche Bank lifts DeVry (NYSE: DV) to Buy, increasing its price target from $51 to $53. Click Here for more color.

Nomura Securities ups Fifth Third Bancorp (Nasdaq: FITB) to Buy with a price target of $14. Click Here for more color.

Guggenheim raises Rite-Aid (NYSE: RAD) from Neutral to Buy, maintaining a price target of $1.60.

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

DOWNGRADES
Argus downgrades LDK Solar (NYSE: LDK) from Hold to Sell.

KBW lowers Wells Fargo (NYSE: WFC) to Market Perform, price target lowered to $25. Click Here for more color.

Goldman Sachs removes PulteGroup (NYSE: PHM) from its Conviction Buy List, cutting its price target from $10 to $6. The firm retained a Buy rating. Click Here for more color.

Morgan Stanley cuts Pepsico (NYSE: PEP) from Overweight to Equalweight.

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

NEW COVERAGE
Dunkin' Brands (Nasdaq: DNKN) initiated at several firms today:
  • BofA/Merrill Lynch at Neutral, with a $29 price target;

  • Goldman Sachs at Sell and $23 price target. Click Here for more color;

  • Morgan Stanley with a Equalweight, and $29 price target;

  • JPMorgan at Overweight, and $30 price target;

  • Stifel Nicolaus with a Buy and $33 price target;

  • William Blair with a Outperform;

  • Wells Fargo with a Market Perform, and $24 to $28 valuation range. Click Here for more color;

  • Barclays with a Equalweight, and $27 price target;

  • Williams Capital with an Outperform, and $34.50 price target; and

  • Raymond James at Market Perform.
Teavana Holdings (NYSE: TEA) started by several firms:
  • Goldman Sachs at Neutral rating and $25 price target. Click Here for more color;

  • Morgan Stanley with a Equalweight rating;

  • Piper Jaffray with an Overweight;

  • Stifel Nicolaus at Hold; and

  • William Blair with an Outperform.
Wesco Aircraft Holdings (NYSE: WAIR) begun by six firms:
  • Morgan Stanley with a Overweight, and $15 price target;

  • JPMorgan with an Overweight, and price target of $17;

  • Barclays at Overweight, and $18 price target;

  • RBC Capital with a Sector Perform, and $13 price target;

  • Citi at Buy, and $15 price target; and

  • William Blair with an Outperform.
Jefferies initiates Alcoa (NYSE: AA) with a Buy and $16 price target. Click Here for more color.

Citi starts Electronic Arts (Nasdaq: ERTS) with a Hold, and $25 price target.

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Goldman Sachs Conviction Buy List, Piper Jaffray, Stifel, Deutsche Bank, William Blair, JPMorgan, Citi, Raymond James, Morgan Stanley, Jefferies & Co, RBC Capital, Barclays, Argus, Nomura, Notable Analyst Rating Changes, Wells Fargo