Analyst Calls: GS, HCN, NLY, YHOO, GILD, BBG, WLL, JOYG, BUCY

Analyst upgrades:

Keefe Bruyette upgraded Goldman Sachs (GS) to Outperform from Market Perform with a $190 price target following the company's Q2 results. The firm believes the company's settlement with the SEC removes an overhang on shares.
Stifel Nicolaus upgraded Health Care REIT (HCN) to Buy from Hold based on valuation and added shares to the Stifel REIT Income List. The firm has a $47 target on the stock.
FBR Capital upgraded Annaly Capital (NLY) to Outperform from Market Perform citing the company's surprise dividend increase. The firm has a $20 target on the stock.
Devon Energy (DVN) was upgraded to Overweight from Equal Weight at Barclays.
Overseas Shipholding (OSG) was upgraded to Overweight from Underweight at JP Morgan.
Cintas (CTAS) was upgraded to Neutral from Underperform at Baird.

Analyst downgrades:

Citigroup downgraded Yahoo! (YHOO) to Hold from Buy based on weak display revenues, reduced guidance, and lack of near-term catalysts. The firm cut its price target to $18 from $22.
RBC Capital downgraded Gilead (GILD) to Sector Perform from Outperform and lowered its target to $40 from $55. The firm cites the Q2 report, negative TMC278 feedback, and a likely difficult 2H10. Gilead was also downgraded to Hold from Buy at Citigroup.
SunTrust downgraded Bill Barrett (BBG) to Neutral from Buy based on lack of near-term catalysts, exposure to natural gas prices, and expectations for production near the low end of guidance.
Stericycle (SRCL) was downgraded to Neutral from Buy at BofA/Merrill.
Hormel Foods (HRL) was downgraded to Hold from Buy at KeyBanc.
Ship Finance (SFL) was downgraded to Underweight from Neutral at JP Morgan.

Analyst initiations:

Pritchard initiated Whiting Petroleum (WLL) with a Buy rating and $96 target.
Macquarie started Joy Global (JOYG) and Bucyrus (BUCY) with Outperform ratings and price targets of $62 and $65, respectively.
Global Hunter initiated Ultra Petroleum (UPL) with a Buy rating and $63 price target.
Pride International (PDE) and Helmerich & Payne (HP) were initiated with Sector Perform ratings at RBC Capital.
DSW Inc. (DSW) was initiated with a Buy rating and $30 target at BB&T.
Emeritus (ESC) was initiated with a Buy rating and $20 target at BofA/Merrill.