Notable Analyst Rating Changes 05/01: (YGE) (CSE) (AEO) Upgraded; (EXPE) (MCK) (COST) Downgraded

May 1, 2012 11:44 AM EDT
UPGRADES
Citi upgrades Yingli Green Energy (NYSE: YGE) from Sell to Buy.

Capital Source (NYSE: CSE) boosted by two firms:
  • Sterne Agee from Neutral to Buy, price target bumped from $7.35 to $7.50; and

  • Guggenheim from Neutral to Buy, price target raised from $7.25 to $8.
Wedbush lifts American Eagle Outfitters (NYSE: AEO) from Neutral to Outperform, its price target raised from $14 to $22.

Citi raises SunPower (Nasdaq: SPWR) from Neutral to Buy.

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

DOWNGRADES
Barclays trims Expedia (Nasdaq: EXPE) from Equalweight to Underweight, maintains price target of $34.

Raymond James lowers McKesson (NYSE: MCK) from Outperform to Market Perform.

Deutsche Bank downgrades Costco Wholesale (Nasdaq: COST) from Buy to Hold with a price target of $89. Click Here for more color.

DA Davidson cuts Plum Creek Timber (NYSE: PCL) to Neutral with a price target of $45. Click Here for more color.

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

NEW COVERAGE
ExactTarget (NYSE: ET) started by a gaggle of firms:
  • Deutsche Bank with a Buy and $35 target. Click Here for more color.

  • Canaccord Genuity with a Buy and $32 target. Click Here for more color;

  • RBC Capital at Outperform and $33 target;

  • JPMorgan with an Overweight and $36 target;

  • Stifel Nicolaus with a Buy and $32 price target;

  • Raymond James at Outperform and target of $33; and

  • Pacific Crest with an Outperform and $30 target.
Vantiv (NYSE: VNTV) also initiated by a slew of stock swamis:
  • Jefferies with a Hold and $24 price target. Click Here for more color.

  • Wells Fargo at Market Perform and valuation range of $21 - $23. Click Here for more color;

  • Credit Suisse with an Outperform amd $25 target;

  • Credit Suisse at Outperform and $24 target;

  • Morgan Stanley with an Equalweight and $24 target;

  • JPMorgan with an Overweight and target of $26; and

  • Raymond James with a Market Perform.
BofA/Merrill Lynch reinstates Stericycle (Nasdaq: SRCL) with a Buy and $98 target.

CaesarStone Sdot-Yam (Nasdaq: CSTE) started by a pod of predictors:
  • Baird with an Outperform and price target of $16;

  • Baird with an Outperform and $15 target;

  • Credit Suisse with a Neutral;

  • Stifel Nicolaus with a Buy and $17 target; and

  • JPMorgan with an Overweight and $15.50 target.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage

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Credit Suisse, Stifel, Deutsche Bank, JPMorgan, Citi, Raymond James, Morgan Stanley, Jefferies & Co, Robert W Baird, RBC Capital, D.A. Davidson, Sterne Agee, Barclays, Pacific Crest Securities, Notable Analyst Rating Changes, Wells Fargo