Notable Analyst Rating Changes 10/10: AMZN, WFC, ANF Upgraded; INTC, MA, CNL Downgraded

October 10, 2008 10:24 AM EDT

UPGRADES:
Citi upgrades Abercrombie & Fitch Co (NYSE: ANF) from Sell to Hold. Price target lowered from $45 to $30.

Stifel Nicolaus upgrades Wells Fargo (NYSE: WFC) from Sell to Hold.

BWS Financial upgrades Amazon.com (Nasdaq: AMZN) from Sell to Hold. Price target lowered to $54.

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

DOWNGRADES:
Goldman Sachs downgrades CLECO Corp (NYSE: CNL) from Buy to Neutral.

ThinkPanmure downgrades Intel (Nasdaq: INTC) from Buy to Sell and lowers their price target to $12.

Deutsche Bank downgrades Mastercard (NYSE: MA) from Buy to Hold.

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

NEW COVERAGE:
Morgan Stanley resumes coverage of Metlife (NYSE: MET) with an Overweight rating.

Susquehanna initiates coverage on Affiliated Computer Services (NYSE: ACS) with a Positive rating. Price target $55.

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


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Stocks Mentioned

ACS 46.50

-0.03 -0.06%
Volume: 320,441
Track ACS

AMZN 55.20

-1.00 -1.78%
Volume: 2,704,446
Track AMZN

ANF 21.57

-2.17 -9.14%
Volume: 2,924,853
Track ANF

CNL 22.70

-0.08 -0.35%
Volume: 105,802
Track CNL

INTC 14.46

+0.02 +0.14%
Volume: 25,189,309
Track INTC

MA 151.83

-0.24 -0.16%
Volume: 1,010,636
Track MA

MET 33.06

+0.62 +1.91%
Volume: 2,579,746
Track MET

WFC 25.60

-0.27 -1.04%
Volume: 18,803,571
Track WFC


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