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Notable Analyst Rating Changes 05/25: (CRM) (EMN) (ITW) Upgraded; (HNZ) (COG) (LULU) Downgraded

May 25, 2012 10:43 AM EDT
UPGRADES
Oppenheimer upgrades salesforce.com (NYSE: CRM) from Perform to Outperform.

JPMorgan ups Eastman Chemical (NYSE: EMN) from Neutral to Overweight, its price target raised from $57 to $58.

Citi lifts Carter's (NYSE: CRI) from Neutral to Buy.

JPMorgan boosts Illinois Tool Works (NYSE: ITW) from Neutral to Overweight, price target raised from $59 to $66.

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

DOWNGRADES
JPMorgan drops Heinz (NYSE: HNZ) from Overweight to Neutral.

Tudor Pickering lops Cabot Oil & Gas (NYSE: COG) from Buy to Accumulate.

KeyBanc reduces Lululemon Athletica Inc. (Nasdaq: LULU) from Buy to Hold. Click Here for more color.

Tudor Pickering downgrades Petrobras (NYSE: PBR) from Buy to Accumulate.

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

NEW COVERAGE
Capstone Investments assumes Facebook (Nasdaq: FB) at Hold.

Barrington Research initiates Continental Resources (NYSE: CLR) at Outperform.

Credit Suisse begins Carrizo Oil & Gas (Nasdaq: CRZO) with a Neutral.

Wunderlich Securities commences Fastenal (Nasdaq: FAST) with a Buy and $51.

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Credit Suisse, JPMorgan, Citi, KeyBanc, Notable Analyst Rating Changes, Capstone Investments, Wunderlich Securities