Notable Analyst Rating Changes 06/12: (HMA) (AMAT) (RVBD) Upgraded; (BIIB) (LM) (USB) Downgraded

June 12, 2013 10:45 AM EDT
UPGRADES
Deutsche Bank upgrades Health Management (NYSE: HMA) from Hold to Buy, moving its price target from $12 to $18. Click Here for more color.

Citi boosts Applied Materials (Nasdaq: AMAT) from Neutral to Buy.

Lazard Capital lifts Riverbed Technology (Nasdaq: RVBD) from Neutral to Buy. Click Here for more color.

Morgan Stanley raises Spectra Energy (NYSE: SE) from Equalweight to Overweight.

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

DOWNGRADES
Citi downgrades Biogen (Nasdaq: BIIB) from Buy to Neutral. Click Here for more color.

Goldman Sachs trims Legg Mason (NYSE: LM) from Neutral to Sell with a price target of $29. Click Here for more color.

Atlantic Equities lowers U.S. Bancorp (NYSE: USB) from Neutral to Underweight.

Deutsche Bank downgrades KapStone Paper & Packaging (NYSE: KS) from Buy to Hold, moving its price target from $38 to $31. Click Here for more color.

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

NEW COVERAGE
Stifel Nicolaus initiates Terex (NYSE: TEX) with a Buy and $44 target.

Barclays starts First Republic Bank (NYSE: FRC) with an Overweight and price target of $46.

RBC Capital assumes ING U.S (NYSE: VOYA) with a Top Pick and $37 target.

Morgan Stanley starts Perrigo Co. (Nasdaq: PRGO) with a Overweight, with a price target of $133.

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

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Stifel, Deutsche Bank, Citi, Morgan Stanley, Lazard, RBC Capital, Barclays, Notable Analyst Rating Changes