Analysts' Upgrades, Downgrades: RIM

Stock quotes in this article: DNDN , TLB , XL , YHOO , PBY , RIMM , STX  

CHANGE IN RATINGS

Dendreon (DNDN Quote) rated new Buy at Citigroup. $35 price target. Provenge has a strong future ahead of itself.

Pall (PLL Quote) downgraded at Barclays to equal weight from overweight and price target increased to $28 from $26. Barclays moving to the sidelines due uncertainty around end markets, recent rally leaves stock at fair value and belief that PLL's will not outperform the group given its lower margins.

Talbots (TLB Quote) downgraded at FBR to Market Perform from Outperform. Sees few catalysts after it raised guidance following a better than expected quarter. Maintained target price of $5.

XL Capital (XL Quote) upgraded at BofA Merrill. Rating raised to Buy from Neutral. Price target raised to $14 from $12. Maintains 2009 EPS estimates of $2.50.

Yahoo! (YHOO Quote) upgraded at Soleil from Hold to Buy. $20 price target. Company is positioned well to benefit from a rebound in online advertising.

STOCK COMMENTS / EPS CHANGES

Ameriprise (AMP Quote) estimates cut at Morgan Stanley through 2011. Company surprised investors with another equity offering. Equal-weight rating.

DynCorp (DCP Quote) target increased at Credit Suisse to $20 from $17. Cites a solid quarter signified by valuation, guidance, and cost control. Maintained Neutral rating.

Korn/Ferry (KFY Quote) target increased at Credit Suisse to $13 from $10 based on current valuation and a strong balance sheet. Maintained Neutral rating.

Pep-Boys (PBY Quote) numbers raised at Credit Suisse to $8 from $4. Strong secular growth drivers within the auto parts segment and benefits from dealerships closing led to the raise in numbers. Maintained Neutral rating.

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