SMARTREND NEWS & MARKET ANALYSIS
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Upgrades/Downgrades
Analyst Upgrades for June 30th - 6/30/2009 12:09:04 PM

Amazon.com (NASDAQ:AMZN) raised to Outperform at Cowen... Choice Hotels (NYSE:CHH) raised to Outperform, $29-31 target, at Wachovia... Coach (NYSE:COH) initiated as Outperform at Baird... Ctrip.com (NASDAQ:CTRP) raised to Buy, $55 target, at Nomura... Electron Arts (NASDAQ:ERTS) raised to Buy, $26 target, at Bank of America... Fairchild Semi (NYSE:FCS) maintains Outperform, $12 target, added to Top Picks List at FBR Capital... FedEx (NYSE:FDX) raised to Overweight, $71 target, at Barclays... Goldman (NYSE:GS) resumes coverage as Buy at UBS... GSI Commerce (NASDAQ:GSIC) reiterated Buy, $16 target, at Piper Jaffray... Intrepid Potash (NYSE:IPI) initiated as Outperform at RBC... Legacy Reserves (NASDAQ:LGCY) raised to Outperform at RBC... Marathon Oil (NYSE:MRO) raised to Neutral at Goldman... MercadoLibre (NASDAQ:MELI) reiterated Positive, $29 target, at Susquehanna... Nordstrom (NYSE:JWN) initiated as Outperform at Baird... Qualcomm (NASDAQ:QCOM) initiated as Outperform at BMO Capital Markets... Research in Motion (NASDAQ:RIMM) initiated as Outperform at BMO Capital Markets... Urban Outfitters (NASDAQ:URBN) initiated as Outperform at Baird...


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