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 37.82

+1.64 +4.53%
Volume: 22,009,927
Track AIG

CPST 1.13

-0.06 -5.04%
Volume: 2,549,949
Track CPST

DRS 80.35

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

ECA 58.22

-1.18 -1.99%
Volume: 1,513,744
Track ECA

FDX 81.48

+0.26 +0.32%
Volume: 1,959,566
Track FDX

MMC 24.00

+0.09 +0.38%
Volume: 1,780,817
Track MMC

NWK 3.85

-0.27 -6.55%
Volume: 32,783
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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