Notable Analyst Rating Changes 8/14: EGLE, DE, CSX Upgraded; MDR, NCC, SGR Downgraded

August 14, 2008 10:00 AM EDT

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
JP Morgan upgrades Eagle Bulk Shipping (Nasdaq: EGLE) from Neutral to Overweight

Stifel Nicolaus upgrades Deere (NYSE: DE) from Hold to Buy with a $93 price target.

UBS upgrades CSX Corp (NYSE: CSX) from Neutral to Buy.

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

DOWNGRADES:
Citi downgrades McDermott International Inc (NYSE: MDR) from Buy to Hold. Price target lowered from $77 to $42.

Ladenburg Thalmann's Richard Bove dowgrades National City (NYSE: NCC) from Buy to Neutral, maintaing his $6 price target.

Citi downgrades Shaw Group Inc (NYSE: SGR) from Hold to Sell. Price target lowered from $77 to $50.

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

NEW COVERAGE:
Lehman Bros. initiates coverage on Bunge (NYSE: BG) with an Underweight. Price target $97.

Lehman Bros. initiates coverage on Tyson Foods (NYSE: TSN) with a Overweight. Price target $24.

Citi and Credit Suisse start Energy Recovery (Nasdaq: ERII) with a Hold and Outperform, respectively.

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


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Stocks Mentioned

BG 54.49

+0.00 +0.00%
Volume: 2,363,695
Track BG

CSX 34.75

+0.00 +0.00%
Volume: 5,210,359
Track CSX

DE 42.65

+0.00 +0.00%
Volume: 8,269
Track DE

EGLE 7.66

+0.00 +0.00%
Volume: 3,657
Track EGLE

ERII 8.16

+0.00 +0.00%
Volume: 136,156
Track ERII

MDR 12.19

+0.00 +0.00%
Volume: 500
Track MDR

NCC 1.81

+0.00 +0.00%
Volume: 106,343,355
Track NCC

SGR 22.17

+0.00 +0.00%
Volume: 11,128
Track SGR

TSN 8.26

+0.00 +0.00%
Volume: 7,906,902
Track TSN


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