Notable Analyst Rating Changes 07/09: (S) (HPQ) (YY) Upgraded; (NEM) (ISRG) (IBM) Downgraded

UPGRADES
Cowen raises Sprint (NYSE: S) from Market Perform to Outperform with a price target of $8. Click Here for more color.

Brean Capital boosts Hewlett-Packard (NYSE: HPQ) from Hold to Buy with a price target of $32. Click Here for more color.

Piper Jaffray moves YY Inc, (Nasdaq: YY) from Neutral to Overweight with a price target of $40.

Deutsche Bank upgrades Siemens (NYSE: SI) from Sell to Hold. Click Here for more color.

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

DOWNGRADES
Mackie Research chops Newmont Mining Corp. (NYSE: NEM) from Buy to Sell.

Intuitive Surgical (Nasdaq: ISRG) downgraded by three today:

• Goldman Sachs from Buy to Neutra, moving its price target from $676 down to $500. Click Here for more color;
  
  
• JMP Securities from Market Outperform to Market Perform; and
  
  
• Canaccord Genuity from Buy to Hold.

Goldman Sachs lowers IBM (NYSE: IBM) from Buy to Neutral with a price target of $200. Click Here for more color.

Morgan Stanley downgrades Quest Diagnostics (NYSE: DGX) from Equalweight to Underweight.

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

NEW COVERAGE
Cantor Fitzgerald starts Verastem (Nasdaq: VSTM) with a Buy rating and a price target of $22. Click Here for more color.

Barclays begins 21st Century Fox (Nasdaq: FOXA) with an Equalweight.

B. Riley assumes Autodesk (Nasdaq: ADSK) at Neutral and price target of $38.50.

Jefferies initiates CyrusOne (Nasdaq: CONE) with a Buy and $25 target. Click Here for more color.

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

Visit our new Ratings Insider portal to get the most comprehensive and up-to-date analyst coverage on the Street.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
• Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
• Braze Inc (BRZE) PT Lowered to $50 at Canaccord Genuity