Notable Analyst Rating Changes 02/06: (FDX) (NUAN) (GLW) Upgraded; (MGM) (BWLD) (STT) Downgraded

February 6, 2012 10:58 AM EST
UPGRADES
BofA/Merrill Lynch upgrades FedEx (NYSE: FDX) from Neutral to Buy.

ThinkEquity lifts Nuance Communications (Nasdaq: NUAN) from Hold to Buy.

Piper Jaffray boosts Corning (NYSE: GLW) from Neutral to Overweight, raising its price target from $13 to $16.

Pacific Crest ups Riverbed Technology (Nasdaq: RVBD) from Sector Perform to Outperform, moving its price target to $34.

Sterne Agee upgrades K-Swiss (Nasdaq: KSWS) from Underperform to Neutral.

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

DOWNGRADES
Goldman Sachs downgrades MGM Resorts (NYSE: MGM) from Buy to Neutral, with a price target of $14.50. Click Here for more color.

Buffalo Wild Wings (Nasdaq: BWLD) lowered by two firms Monday:
  • Miller Tabak from Buy to Neutral, its price target moves from $78 to $72; and

  • Feltl & Co. from Hold to Sell.
Evercore Partners reduces State Street (NYSE: STT) from Overweight to Equal Weight.

Monness, Crespi, Hardt cuts Monsanto (NYSE: MON) from Hold to Sell, price target cut from $74 to $70.

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

NEW COVERAGE
Stifel Nicolaus starts Post Holdings (NYSE: POST) with a Hold.

BTIG begins FactSet Research Systems (NYSE: FDS) at Sell, and a target of $75. Click Here for more color.

BWS Financial assumesAuthenTec (Nasdaq: AUTH) with a Buy, and $5 target. Click Here for more color.

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

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Piper Jaffray, Stifel, ThinkEquity, BWS Financial, Sterne Agee, Pacific Crest Securities, Notable Analyst Rating Changes