Analysts' Actions: A Daily Roundup of Street Research

CHANGE IN RATINGS

Dick's Sporting Goods upgraded at Piper: Piper said it is upgrading DKS to an Outperform rating based on improving performance for acquired Galyan's stores and continued margin expansion. Target price raised to $44.

Flextronics upgraded at Thomas Weisel: Thomas Weisel said it is upgrading FLEX to Outperform from Peer Perform. Believes past problems are already reflected in stock price and outlook looks promising.

InPhonic downgraded at Deutsche Bank: Deutsche Bank said it was downgrading INPC from Buy to Hold and cutting the target from $16 to $7.65 on Q4 miss.

Intel downgraded at Think Equity: Think Equity said it is downgrading INTC to Sell. Believes building inventories will lead to pricing cuts. Lowered target price to $16 from $26. ...