Notable Analyst Rating Changes 09/22: (NFLX) (INTC) (YHOO) Upgraded; (JNJ) (ZMH) (PG) Downgraded

September 22, 2011 11:01 AM EDT
UPGRADES
Netflix (Nasdaq: NFLX) raised by two firms today:
  • UBS from Sell to Neutral; and

  • Wedbush from Underperform to Outperform, raising its price target from $110 to $155. Click Here for more color.
BofA/Merrill Lynch ups Intel (Nasdaq: INTC) from Neutral to Buy with a price target of $27.

Stifel Nicolaus lifts Yahoo! (Nasdaq: YHOO) from Hold to Buy with a new price target of $18.

J.P. Morgan boosts Standard Pacific (NYSE: SPF) from Underweight to Neutral.

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

DOWNGRADES
Goldman Sachs lowers Johnson & Johnson (NYSE: JNJ) from Buy to Neutral with a price target of $74. Click Here for more color.

Citi reduces Zimmer Holdings (NYSE: ZMH) from Hold to Sell.

SunTrust Robinson Humphrey cuts Procter & Gamble (NYSE: PG) from Buy to Neutral.

Goldman Sachs removed Youku.com (NYSE: YOKU) from its Conviction Buy list, maintaining a Buy rating and $50 price target. Click Here for more color.

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

NEW COVERAGE
Kaufman Bros. initiates Boston Scientific (NYSE: BSX) with a Hold, and $7 price target. Click Here for more color.

Jefferies starts ConAgra (NYSE: CAG) with a Hold and $25 price target. Click Here for more color.

Goldman Sachs resumes Mylan (Nasdaq: MYL) at Neutral and $23 price target. Click Here for more color.

Argus begins Lululemon Athletica (Nasdaq: LULU) with a Buy, and $75 price target.

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Goldman Sachs Conviction Buy List, Stifel, UBS, JPMorgan, Kaufman Bros., Citi, Jefferies & Co, SunTrust Robinson Humphrey, Argus, Notable Analyst Rating Changes