Notable Analyst Rating Changes 8/21: PCU, MEE, ACI, TK Upgraded; CRM, AER, SNPS Downgraded

August 21, 2008 10:28 AM EDT

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
Merrill Lynch upgrades Southern Copper (NYSE: PCU) from Underperform to Neutral.

UBS upgrades Massey Energy (NYSE: MEE) from Neutral to Buy.

UBS upgrades Arch Coal (NYSE: ACI) from Neutral to Buy.

Credit Suisse upgrades Teekay (NYSE: TK) from Neutral to Outperform.

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

DOWNGRADES:
Piper Jaffray downgrades salesforce.com (NYSE: CRM) from Buy to Neutral.

Citi downgrades AerCap Holdings (NYSE: AER) from Buy to Hold.

Citi downgrades Synopsys Inc (Nasdaq: SNPS) from Buy to Sell.

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

NEW COVERAGE:
UBS initiates coverage on Mattel (NYSE: MAT) with a Neutral rating.

UBS initiates coverage on Hasbro (NYSE: HAS) with a Neutral rating.

Bank of America initiates coverage on WellCare (NYSE: WCG) with a Buy.

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


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Stocks Mentioned

ACI 13.74

+0.76 +5.86%
Volume: 5,107,396
Track ACI

AER 3.64

+0.23 +6.74%
Volume: 217,997
Track AER

CRM 29.07

+2.12 +7.87%
Volume: 5,280,562
Track CRM

HAS 26.41

+0.91 +3.57%
Volume: 2,110,421
Track HAS

MAT 13.42

+0.83 +6.59%
Volume: 9,317,066
Track MAT

MEE 13.21

+0.85 +6.88%
Volume: 3,938,896
Track MEE

PCU 12.65

+0.63 +5.24%
Volume: 7,487,148
Track PCU

SNPS 15.52

+0.64 +4.30%
Volume: 1,656,197
Track SNPS

TK 14.58

+0.64 +4.59%
Volume: 998,668
Track TK

WCG 9.71

+0.91 +10.34%
Volume: 1,419,828
Track WCG


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