Notable Analyst Rating Changes 5/14: DE, RFMD, JAVA, ESLR Upgraded; FISV, BUD, ANAD Downgraded

May 14, 2008 9:46 AM EDT

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
Merrill Lynch upgrades Deere (NYSE: DE) from Neutral to Buy.

Merrill Lynch upgrades RF Micro Devices (Nasdaq: RFMD) from Neutral to Buy.

Wachovia upgrades Sun Microsystems (NASDAQ: JAVA) from Market Perform to Outperform with a $15 to $18 valuation range.

Jefferies & Co upgrades Evergreen Solar (Nasdaq: ESLR) from Hold to Buy, citing current valuation. Price target $10.

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

DOWNGRADES:
Goldman Sachs downgrades Fiserv (Nasdaq: FISV) from Buy to Neutral.

Stifel Nicolaus downgrades Anheuser-Busch (NYSE: BUD) from Buy to Hold.

Oppenheimer downgrades ANADIGICS (Nasdaq: ANAD) from Outperform to Perform, citing current valuation.

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

NEW COVERAGE:
Stifel Nicolaus initiates coverage El Paso Pipeline Partners, L.P. (NYSE: EPB) with a Buy rating and $25 price target.

Caris & Co initiates coverage on Kimberly-Clark (NYSE: KMB) with a Below Average. Price target $58.

Jefferies & Co initiates coverage on Invesco (NYSE: IVZ) with a Buy, citing attractive valuation. Price target $33.

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


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Stocks Mentioned

ANAD 2.21

-0.29 -11.60%
Volume: 611,091
Track ANAD

BUD 59.75

-3.27 -5.19%
Volume: 11,273,270
Track BUD

DE 37.10

-4.89 -11.65%
Volume: 9,368,087
Track DE

EPB 15.95

-0.87 -5.17%
Volume: 336,672
Track EPB

ESLR 3.51

-0.60 -14.60%
Volume: 4,708,154
Track ESLR

FISV 36.97

-4.78 -11.45%
Volume: 3,690,498
Track FISV

IVZ 14.63

-2.34 -13.79%
Volume: 5,265,626
Track IVZ

JAVA 4.97

-0.61 -10.93%
Volume: 13,770,713
Track JAVA

KMB 56.18

-3.82 -6.37%
Volume: 3,768,805
Track KMB

RFMD 1.91

-0.41 -17.67%
Volume: 6,380,532
Track RFMD


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