Notable Analyst Rating Changes 06/14: (GRPN) SCTY) (EIX) Upgraded; (AXP) (MYGN) (DD) Downgraded

June 14, 2013 10:40 AM EDT
UPGRADES
Deutsche Bank raises Groupon, Inc. (Nasdaq: GRPN) from Hold to Buy, lifting its price target from $6 to $10. Click Here for more color.

Credit Suisse upgrades SolarCity (Nasdaq: SCTY) from Neutral to Outperform, moving its price target from $28 up to $52. Click Here for more color.

Bernstein lifts Edison International (NYSE: EIX) from Market Perform to Outperform.

BNP Paribas boosts Computer Sciences (NYSE: CSC) from Hold to Bu, adjusting its price target from $46 to $50.

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

DOWNGRADES
Barclays downgrades American Express (NYSE: AXP) from Overweight to Equalweight, moving its price target from $72 up to $82.

Myriad Genetics (Nasdaq: MYGN) lowered by two today:
  • RBC Capital from Outperform to Sector Perform with a price target of $32; and

  • BofA/Merrill Lynch from Buy to Neutral.

BofA/Merrill Lynch lowers DuPont (NYSE: DD) from Buy to Neutral.

Goldman Sachs chops Rubicon Technology (Nasdaq: RBCN) from Neutral to Sell with a price target of $6. Click Here for more color.

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

NEW COVERAGE
Global Hunter Securities begins IAMGOLD (NYSE: IAG) with a Buy and $7.50 target.

Raymond James assumes Praxair Inc. (NYSE: PX) at Strong Buy and $135 price target.

Evercore Partners commences PHH Corporation (NYSE: PHH) with an Equal Weight and $22 price target.

MKM Partners initiates Yelp (NYSE: YELP) with a Buy and price target of $42.

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

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