Notable Analyst Rating Changes 10/10: (NFLX) (SGY) (POT) Upgraded; (S) (SFSF) (LUV) Downgraded

October 10, 2011 10:53 AM EDT
UPGRADES
Janney Montgomery Scott lifts Netflix (Nasdaq: NFLX) from Sell to Neutral with a price target of $102.

Barclays upgrades Stone Energy (NYSE: SGY) from Equalweight to Overweight, its price target lowered from $37 to $32.

Ticonderoga raises Potash Corp. (NYSE: POT) from Neutral to Buy with a new price target of $62.

Citi boosts Micron Technology (Nasdaq: MU) from Hold to Buy.

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

DOWNGRADES
Sprint (NYSE: S) lowered at several firms Monday:
  • Mizuho Securities from Buy to Neutral;

  • Raymond James from Strong Buy to Outperform;

  • Collins Stewart from Buy to Hold, price target cut from $5 to $3. Click Here for more color;

  • Kaufman Bros.from Buy to Hold, price target lowered from $6 to $2.50. Click Here for more color;

  • J.P. Morgan from Overweight to Neutral, maintains price target of $7; and

  • Deutsche Bank from Buy to Hold with a price target of $3. Click Here for more color.
BMO Capital downgrades SuccessFactors (Nasdaq: SFSF) from Outperform to Market Perform, price target cut from $35 to $26.

Deutsche Bank lowers Southwest (NYSE: LUV) from Buy to Hold, price target lowered from $16 to $9. Click Here for more color.

Guggenheim cut Bank of America (NYSE: BAC) from Buy to Neutral, price target slashed from $10.00 to $6.50.

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

NEW COVERAGE
Barclays starts Baidu (Nasdaq: BIDU) with an Overweight rating and $170 price target

Goldman Sachs resumes Teradyne (NYSE: TER) with a Neutral rating and $13 price target. Click Here for more color.

Sandler O’Neill initiates ARMOUR Residential (NYSE: ARR) with a Hold, and $7.50 price target.

Barclays commences Sina (Nasdaq: SINA) with an Overweight rating and $103 price target.

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

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Deutsche Bank, JPMorgan, Kaufman Bros., Citi, Raymond James, BMO Capital, Collins Stewart, Janney Montgomery Scott, Barclays, Notable Analyst Rating Changes