Notable Analyst Rating Changes 06/14: (DMD) (DRYS) (WFR) Upgraded; (SPWRA) (AAP) (ANGO) Downgraded

UPGRADES
Goldman Sachs boosts Demand Media (NYSE: DMD) from Neutral to Buy, setting a $21 six-month price target. Click Here for more color.

Wells Fargo boosts DryShips (Nasdaq: DRYS) from Market Perform to Outperform with a $5 to $6 valuation range. Click Here for more color.

Goldman Sachs raises MEMC Electronic Materials (NYSE: WFR) from Sell to Neutral, but cut its 6-month price target from $11 to $10. Click Here for more color.

Citadel Securities upgraded MGM Mirage (NYSE: MGM) from Neutral to Add. Click Here for more color.

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

DOWNGRADES
SunPower (Nasdaq: SPWRA) lowered by three today:

• Goldman Sachs from Neutral to Sell, with a price target of $14. Click Here for more color;
  
  
• Credit Agricole from Underperform to Sell, lowering its price target on the stock from $18.50 to $16.50; and
  
  
• Kaufman Bros. from Hold to Sell, also lowing its price target from $23.25 to $14. Click Here for more color.

Nomura Securities downgrades Advance Auto Parts (NYSE: AAP) from Neutral to Reduce, reducing its price target from $55 to $48. Click Here for more color.

AngioDynamics (Nasdaq: ANGO) cut by a handful of firms:

• Wedbush from Neutral to Underperform, its price target cut by $2 to $12. Click Here for more color;
  
  
• Raymond James from Outperform to Market Perform; and
  
  
• Gabelli from Hold to Sell. Click Here for more color.

RBC Capital drops Juniper Networks (NYSE: JNPR) from Outperform to Sector Perform, lower its price target from $46 to $37.

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

NEW COVERAGE
Wells Fargo initiates E*TRADE (Nasdaq: ETFC) with a Market Perform. Click Here for more color.

Mizuho Securities starts Polycom (Nasdaq: PLCM) with a Buy, and price target of $72.

Baird begins Continental Resources (NYSE: CLR) with an Outperform, and $75 price target.

NetQin Mobile (NYSE: NQ) started by several firms:

• Oppenheimer at Outperform, with an $8 price target;
  
  
• Piper Jaffray with an Overweight, and price target of $9; and
  
  
• Canaccord Genuity at Buy, and $9 price target.

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

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