Notable Analyst Rating Changes 11/21: (WDC) (MS) (HOTT) Upgraded; (RIMM) (TGT) (WAG) Downgraded

UPGRADES
Barclays upgrades Western Digital Corp. (NYSE: WDC) from Equalweight to Overweight, its price target raised from $27 to $35.

Collins Stewart ups Morgan Stanley (NYSE: MS) from Hold to Buy, citing the recent price target.

Piper Jaffray raises Hot Topic (Nasdaq: HOTT) from Neutral to Overweight.

JPMorgan boosts Wal-Mart (NYSE: WMT) from Neutral to Overweight, maintaining a $64 price target.

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DOWNGRADES
JMP Securities lowers Research In Motion Ltd. (Nasdaq: RIMM)

JPMorgan cuts Target (NYSE: TGT) from Overweight to Neutral, keeping its $58 price target.

Morgan Stanley reduces Walgreen (NYSE: WAG) from Overweight to Underweight.

Lazard Capital downgrades Activision Blizzard (Nasdaq: ATVI) from Buy to Neutral.

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

NEW COVERAGE
Caris & Co. initiates Magnum Hunter (NYSE: MHR) with a Buy, and $7 price target.

BofA/Merrill Lynch starts Sally Beauty Holdings (NYSE: SBH) at Neutral.

Wells Fargo begins Hornbeck Offshore (NYSE: HOS) with an Outperform rating and price target range of $43 to $45. Click Here for more color.

Tudor Pickering assumes Sunoco (NYSE: SUN) at Buy.

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