Notable Analyst Rating Changes 09/23: (VFC) (P) (YOKU) Upgraded; (CAVM) (STP) (DGX) Downgraded

September 23, 2011 11:39 AM EDT
UPGRADES
BofA/Merrill Lynch upgrades VF Corp. (NYSE: VFC) from Neutral to Buy.

Morgan Stanley lifts Pandora (NYSE: P) from Equalweight to Overweight, its price target reduced from $19 to $16.

Susquehanna upgrades Youku.com (Nasdaq: YOKU) from Neutral to Positive, it's price target revised from $29 to $21. Click Here for more color.

Goldman Sachs boosts Cepheid (Nasdaq: CPHD) from Neutral to Buy, its price target moves from $36 to $45. Click Here for more color.

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

DOWNGRADES
Deutsche Bank downgrades Cavium Networks (Nasdaq: CAVM) from Buy to Hold, its price target lowered from $37 to $30. Click Here for more color.

Mizuho Securities lowers Suntech Power (NYSE: STP) from Neutral to Underperform.

Goldman Sachs cuts Quest Diagnostics (NYSE: DGX) from Neutral to Sell, its price target moves from $51 to $48. Click Here for more color.

Goodrich (NYSE: GR) lowered by three today:
  • Wedbush from Outperform to Neutral, raises price target from $119 to $127. Click Here for more color;

  • Barclays from Overweight to Equalweight, price target raised from $120 to $128; amd

  • Stephens from Overweight to Equal Weight, price target raised from $120 to $127.50.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades

NEW COVERAGE
Jefferies initiates Ingersoll-Rand (NYSE: IR) with a Buy, and $45 price target.

KeyBanc starts Veeco Instruments Inc. (Nasdaq: VECO) with a Hold. Click Here for more color.

FBR Capital initiates coverage on Edison International (NYSE: EIX) with an Outperform, and price target of $41. Click Here for more color.

Macquarie initiates coverage on Expedia (Nasdaq: EXPE) at Neutral, and $33 price target.

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

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Deutsche Bank, KeyBanc, Morgan Stanley, Jefferies & Co, Barclays, Susquehanna International Group of Companies, Notable Analyst Rating Changes