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Notable Analyst Rating Changes 03/16: (LEA) (RIG) (APKT) Upgraded; (MS) (AMTD) (RHT) Downgraded

March 16, 2012 11:30 AM EDT
UPGRADES
Goldman Sachs lifts Lear (NYSE: LEA) to its Conviction Buy and raised its price target from $58 to $60. Click Here for more color.

Global Hunter Securities boosts Transocean (NYSE: RIG) from Neutral to Buy with a price target of $70. Click Here for more color.

Northland Securities lifts Acme Packet (Nasdaq: APKT) from Market Perform to Outperform, maintains price target of $36.

Argus raises Microsoft (Nasdaq: MSFT) from Hold to Buy.

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

DOWNGRADES
Deutsche Bank downgrades Morgan Stanley (NYSE: MS) from Buy to Hold and cut its price target from $28 to $22. Click Here for more color.

Deutsche Bank lowers TD Ameritrade (Nasdaq: AMTD) from Buy to Hold with a price target of $18.

Morgan Stanley trims Red Hat (NYSE: RHT) from Overweight to Equalweight.

Credit Suisse reduces Synovus Financial (NYSE: SNV) from Outperform to Neutral, maintaining its price target of $2.25.

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

NEW COVERAGE
BofA/Merrill Lynch reinstates Bank of New York Mellon (NYSE: BK) with a Neutral and $27 target.

Credit Suisse starts SBA Communications (Nasdaq: SBAC) with an Outperform and target of $67.

Susquehanna initiates Atmel (Nasdaq: ATML) with a Positive and $13 price target.

Argus assumes Coach (NYSE: COH) at Buy and $90 target.

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

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Credit Suisse, Deutsche Bank, Morgan Stanley, Argus, Susquehanna International Group of Companies, Notable Analyst Rating Changes, Northland Securities