Stock Upgrades/Downgrades, and Coverage Initiations for Aug 21, 2009

By editor|Aug 21, 2009, 9:21 AM|Author's Website  

Below is a list of analyst upgrades, downgrades, and coverage initiations  in Wall Street research calls this Friday morning.

Analyst Upgrades:

» Tech Data (NASDAQ:TECD) upgraded to Buy at Brean Murray

» Aeropostale (NYSE:ARO) upgraded at Stifel Nicolaus with $44 price tgt

» Exide Tech (NASDAQ:XIDE) upgraded to Overweight at Thomas Weisel

» Flextronics International Ltd. (NASDAQ:FLEX) upgraded to Buy at Citigroup with $8.50 price target

» Genzyme (NASDAQ:GENZ) upgraded to Outperform at Leerink Swann

» Sunpower (NASDAQ:SPWRA) upgraded to Buy at Merriman

» Limited brands Inc. (NYSE:LTD) upgraded at Citigroup with $18 price target

» Salesforce.com (NYSE:CRM) upgraded at Piper Jaffray with $65 price target; upgraded at RBC Capital with $60 price target.

Analyst Downgrades:

» Dick’s Sporting Goods (NYSE:DKS) downgraded to Hold from Buy at Needham

» Intuit (NASDAQ:INTU) downgraded to Neutral from Outperform at Credit Suisse

» Baldor Electric (NYSE:BEZ) downgraded to Sell from Neutral at UBS

» Validus Holdings (NYSE:VR) downgraded to Mkt Perform from Outperform at Keefe Bruyette

Jefferies & Co Dowgrades Solar Stocks:

» First Solar (NASDAQ:FSLR) downgraded to Hold from Buy

» Sunpower (NASDAQ:SPWRA) downgraded to Hold from Buy

» Suntech Power (NYSE:STP) downgraded to Underperform from Hold

» Energy Conversion (NASDAQ:ENER) downgraded to Underperform from Hold

» Solarfun Power (NASDAQ:SOLF) downgraded to Underperform from Hold

» Ascent Solar (NASDAQ:ASTI) downgraded to Underperform from Hold

» China Sunergy (NASDAQ:CSUN) downgraded to Underperform from Hold

» Evergreen Solar (NASDAQ:ESLR) downgraded to Underperform from Buy

Analyst Initiations:

» Penn West Energy (NYSE:PWE) started as Neutral at Credit Suisse

» BancorpSouth (NYSE:BXS) started as Hold at Wunderlich

» Territorial Bancorp (NASDAQ:TBNK) started as Mkt Perform at Keefe Bruyette

» Tiffany & Co (NYSE:TIF) started as Outperform at Oppenheimer

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