Notable Analyst Rating Changes 6/30: DKS, ALU, ERTS Upgraded; LVLT, WFMI, SU Downgraded

June 30, 2008 9:45 AM EDT

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
Needham upgrades Dick's Sporting Goods (NYSE: DKS) from Hold to Buy with a $28 price target, citing valuation.

Merrill Lynch upgrades Alcatel-Lucent (NYSE: ALU) from Underperform to Neutral.

Soleil Securities upgrades Electronic Arts (Nasdaq: ERTS) from Hold to Buy, with a $55 price target.

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

DOWNGRADES:
Citi downgrades Level 3 Communications (Nasdaq: LVLT) from Hold to Sell.

UBS downgrades Whole Foods Market (Nasdaq: WFMI) from Buy to Neutral. Price target $27.

CIBC downgrades Suncor (NYSE: SU) from Sector Outperform to Sector Perform.

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

NEW COVERAGE:
Oppenheimer initiates coverage on Digital Realty Trust (NYSE: DLR) with a Perform. Price target $44.

Oppenheimer initiates coverage on ReneSola (NYSE: SOL) with a Perform rating.

UBS initiates coverage on Molina Healthcare (NYSE: MOH) with a Neutral.

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


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Stocks Mentioned

ALU 2.88

-0.26 -8.28%
Volume: 19,495,038
Track ALU

DKS 16.11

-0.81 -4.79%
Volume: 3,599,712
Track DKS

DLR 37.06

-2.19 -5.58%
Volume: 1,451,981
Track DLR

ERTS 29.11

-1.70 -5.52%
Volume: 8,478,022
Track ERTS

LVLT 1.80

-0.21 -10.45%
Volume: 25,131,240
Track LVLT

MOH 28.77

-0.45 -1.54%
Volume: 156,284
Track MOH

SOL 6.86

-1.70 -19.86%
Volume: 3,119,712
Track SOL

SU 26.05

-2.85 -9.86%
Volume: 16,424,658
Track SU

WFMI 17.04

-0.91 -5.07%
Volume: 2,674,215
Track WFMI


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