Notable Analyst Rating Changes 05/21: (AEO) (ANR) (SWY) Upgraded; (ROST) (MS) (IPG) Downgraded

UPGRADES
Brean Murray Carret & Co. upgrades American Eagle Outfitters (NYSE: AEO) from Hold to Buy with a price target of $23. Click Here for more color.

Brean Murray Carret & Co. lifts Alpha Natural Resources (NYSE: ANR) from Hold to Buy with a price target of $15. Click Here for more color.

Citi raises SAFEWAY (NYSE: SWY) from Neutral to Buy.

Argus boosts Boeing (NYSE: BA) from Hold to Buy.

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

DOWNGRADES
Canaccord Genuity downgrades Ross Stores, Inc. (Nasdaq: ROST) from Buy to Hold with a price target of $67. Click Here for more color.

JMP Securities chops Morgan Stanley (NYSE: MS) from Market Outperform to Market Underperform with a price target of $11.

Macquarie docks Interpublic Group (NYSE: IPG) from Outperform to Neutral.

BB&T Capital lowers Best Buy (NYSE: BBY) from Buy to Hold, suspending the firm's $30 price target. Click Here for more color." target="_blank">Click Here for more color.

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

NEW COVERAGE
Goldman Sachs resumes Nuance Communications (Nasdaq: NUAN) with a Neutral rating and $25 price target. Click Here for more color.

Barclays assumes Splunk (Nasdaq: SPLK) at Overweight.

Hudson Square initiates coverage on Facebook (Nasdaq: FB) with a Hold.

Ares Commercial (NYSE: ACRE) started by several firms Monday:

• Wells Fargo with an Outperform and price range of $19 to $21. Click Here for more color;
  
  
• BofA/Merrill Lynch with a Buy and $19 target;
  
  
• JPMorgan at Overweight and $18.50 target;
  
  
• Citi with a Buy and $20 target; and
  
  
• Stifel Nicolaus with a Buy and $19.50 price target.

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

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