Notable Analyst Rating Changes 06/11: (CTRX) (ABC) (DIS) Upgraded; (LULU) (MCO) (TCK) Downgraded

June 11, 2013 11:03 AM EDT
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Price: $61.47 --0%

Overall Analyst Rating:
    NEUTRAL (= Flat)

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UPGRADES
Catamaran (Nasdaq: CTRX) upgraded by three:
  • CIBC from Sector Perform to Sector Outperform, moving its price target from $61.51 to $63.75;

  • UBS from Neutral to Buy, adjusting its price target from $59 to $68. Click Here for more color; and

  • Raymond James from Market Perform to Outperform with a price target of $62.

Leerink Swann raises AmerisourceBergen (NYSE: ABC) from Market Perform to Outperform, moving its price target from $55 to $60 up to a range of $60 to $65. Click Here for more color.

Macquarie lifts Walt Disney (NYSE: DIS) from Neutral to Outperform.

CRT Capital boosts Questcor Pharmaceuticals (Nasdaq: QCOR) from Fairly Valued to Buy with a price target of $52.

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

DOWNGRADES
lululemon athletica, inc. (Nasdaq: LULU) downgraded by two today:
  • UBS from Buy to Neutral, trimming its price target from $90 to $72. Click Here for more color; and

  • Sterne Agee from Buy to Neutral, moving its price target from $90 down to $75. Click Here for more color.

Benchmark trims Moody's Corp (NYSE: MCO) from Buy to Hold, moving its price target from $60 to $71. Click Here for more color.

Canaccord Genuity eases Kinross Gold (NYSE: KGC) from Buy to Hold, modifying its price target from $8 down to $7.70.

Dundee downgrades Teck Resources (NYSE: TCK) from Buy to Neutral.

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

NEW COVERAGE
ING U.S (NYSE: VOYA) coverage started by just about every firm on the Street today:
  • Morgan Stanley with an Equalweight.

  • Citi with a Neutral and target of $30;

  • Credit Suisse at Neutral and $28 target;

  • Barclays with an Equalweight and target of $27;

  • JPMorgan with a Neutral and $28 target;

  • Evercore Partners at Equal Weight and target of $30;

  • BofA/Merrill Lynch at Neutral and target of $30;

  • SunTrust Robinson Humphrey with a Neutral and target of $30;

  • Raymond James with an Outperform and $32.50 target. Click Here for more color;

  • Keefe, Bruyette & Woods at Market Perform and $30 target;

  • Sandler O'Neill with a Hold and $29 target;

  • Deutsche Bank at Hold rating and a price target of $31. Click Here for more color;

  • Wells Fargo with a Market Perform rating and a price target of $27 to $30. Click Here for more color; and

  • Goldman Sachs with a Neutral rating and a price target of $27. Click Here for more color.

Jefferies initiates Restoration Hardware (NYSE: RH) with a Buy and $68 price target. Click Here for more color.

Topeka Capital starts Diamondback Energy (Nasdaq: FANG) with a Buy rating and a price target of $42. Click Here for more color.

Tableau Software (NYSE: DATA) initiated by several firms:
  • Drexel Hamilton with a Hold;

  • Morgan Stanley at Equalweight;

  • JPMorgan at Neutral and $54 target;

  • UBS with a Buy and price target of $65;

  • Goldman Sachs at Neutral rating and a price target of $47. Click Here for more color.

  • Credit Suisse with a Neutral and $50 target;

  • BMO Capital with a Market Perform and $57 target; and

  • JMP Securities at Market Outperform and $65 target.

Multiple firms start Marketo, Inc (Nasdaq: MKTO) today:
  • Credit Suisse at Outperform and price target of $30;

  • Goldman Sachs with a Neutral rating and a price target of $20. Click Here for more color.;

  • JMP Securities with a Market Outperform and price target of $27;

  • Raymond James at Outperform and $25 target;

  • Canaccord Genuity at Buy and $25 target; and

  • UBS with a Neutral and $22 price target.

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

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Credit Suisse, Keefe, Bruyette & Woods, Deutsche Bank, UBS, JPMorgan, Citi, Raymond James, Morgan Stanley, Jefferies & Co, CIBC, BMO Capital, Sandler O'Neill, Sterne Agee, JMP Securities, SunTrust Robinson Humphrey, Barclays, Notable Analyst Rating Changes, Wells Fargo, Canaccord Genuity