Notable Analyst Rating Changes 8/8: DCP, Q, ISIS, FSYS Upgraded; BAC, ABK, VOD, KNOT, ANAD Downgraded

August 8, 2008 9:59 AM EDT

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
Goldman Sachs upgrades DynCorp International Inc (NYSE: DCP) from Sell to Neutral with a $17 price target.

Morgan Stanley upgrades Qwest Communications (NYSE: Q) from Equal-Weight to Overweight.

Needham & Co. upgrades ISIS Pharmaceuticals (NASDAQ: ISIS) from Hold to Buy with a $22 price target.

Broadpoint Capital upgrades Fuel Systems (Nasdaq: FSYS) from Buy to Strong Buy.

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

DOWNGRADES:
UBS downgrades Bank of America (NYSE: BAC) from Buy to Neutral.

JP Morgan downgrades Ambac (NYSE: ABK) from Neutral to Underweight, citing bleak outlook, negative tangible equity and valuation.

Goldman Sachs downgrades Vodafone Group plc (NYSE: VOD) from Buy to Neutral, removes from its Conviction Buy List.

Deutsche Bank and Oppenheimer downgrades The Knot (Nasdaq: KNOT) to Hold and Market Perform, respectively.

Morgan Keegan downgrades Anadigics (Nasdaq: ANAD) from Outperform to Market Perform.

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

NEW COVERAGE:
Credit Suisse initiates coverage on Apple (Nasdaq: AAPL) with an Outperform rating and $200 price target.

Credit Suisse initiates coverage on International Business Machines Corp. (NYSE: IBM) with an Neutral rating and $120 price target.

SunTrust Robinson Humphrey initiates coverage on Fresh Del Monte Produce (NYSE: FDP) with a Buy rating and a $29 price target.

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


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Stocks Mentioned

AAPL 92.47

+3.54 +3.98%
Volume: 41,027,638
Track AAPL

ABK 1.34

+0.22 +19.64%
Volume: 7,222,618
Track ABK

ANAD 1.33

+0.15 +12.71%
Volume: 604,554
Track ANAD

BAC 14.37

+1.52 +11.83%
Volume: 136,088,684
Track BAC

DCP 14.55

+0.43 +3.05%
Volume: 425,796
Track DCP

FDP 23.14

+0.90 +4.05%
Volume: 707,504
Track FDP

FSYS 30.85

+2.95 +10.57%
Volume: 548,852
Track FSYS

IBM 79.84

+2.94 +3.82%
Volume: 9,305,187
Track IBM

ISIS 10.54

+0.17 +1.64%
Volume: 1,095,255
Track ISIS

KNOT 7.14

+0.63 +9.68%
Volume: 180,600
Track KNOT

Q 2.99

+0.00 +0.00%
Volume: 16,019,658
Track Q

VOD 18.35

+0.79 +4.50%
Volume: 3,767,535
Track VOD


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