Notable Analyst Rating Changes 5/12: ECA, MMC, RSTO Upgraded; FDX, AIG, DRS Downgraded

May 12, 2008 9:48 AM EDT

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
Raymond James upgrades EnCana (NYSE: ECA) from Outperform to Strong Buy.

Goldman Sachs upgrades Marsh & McLennan (NYSE: MMC) from Sell to Neutral.

Raymond James upgrades Restoration Hardware (Nasdaq: RSTO) from Underperform to Market Perform.

For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades

DOWNGRADES:
Morgan Keegan downgrades FedEx (NYSE: FDX) from Outperform to Market Perform.

Goldman Sachs downgrades AIG (NYSE: AIG) from Buy to Neutral, saying market concerns will continue to pressure shares.

Credit Suisse downgrades DRS Technologies (NYSE: DRS) from Outperform to Neutral.

For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades

NEW COVERAGE:
Brean Murray assumes coverage on Network Equipment Technologies (NYSE: NWK) with a Buy rating and a $8 price target.

Deutsche Bank initiates Third Wave Technologies (NASDAQ: TWTI) with a Buy rating and a $12 price target.

Merriman Curhan initiates coverage on Capstone Turbine (Nasdaq: CPST) with a Buy, saying company is positioned from long-term growth.

For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage


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Stocks Mentioned

AIG 1.56

-0.39 -20.00%
Volume: 62,393,492
Track AIG

CPST 0.72

-0.02 -2.70%
Volume: 3,468,902
Track CPST

DRS 80.35

+0.00 +0.00%
Volume: 55,600
Track DRS

ECA 40.92

-1.84 -4.30%
Volume: 6,222,304
Track ECA

FDX 60.58

-4.21 -6.50%
Volume: 3,524,177
Track FDX

MMC 22.30

-1.26 -5.35%
Volume: 5,265,871
Track MMC

NWK 2.21

-0.24 -9.80%
Volume: 89,396
Track NWK

RSTO 4.58

+0.00 +0.00%
Volume: 0
Track RSTO

TWTI 11.28

+0.00 +0.00%
Volume: 0
Track TWTI


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