Notable Analyst Rating Changes 8/22: CHS, CRM, BCSI, RRC Upgraded; LVS, BKC, PSUN Downgraded

August 22, 2008 9:50 AM EDT

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
Goldman Sachs upgrades Chico's FAS (NYSE: CHS) from Sell to Neutral.

JMP Securities upgrades salesforce.com (NYSE: CRM) from Market Perform to Market Outperform.

Brean Murray upgrades Blue Coat Systems (Nasdaq: BCSI) from Sell to Hold.

Merrill Lynch upgrades Range Resources (NYSE: RRC) from Neutral to Buy.

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

DOWNGRADES:
BofA downgrades Las Vegas Sands (NYSE: LVS) from Neutral to Sell.

UBS downgrades Burger King (NYSE: BKC) from Buy to Neutral.

Baird, Friedman Billings Ramsey and Roth Capital downgrade Pacific Sunwear (Nasdaq: PSUN) to Neutral, Market Perform and Hold, respectively.

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

NEW COVERAGE:
Baird initiates coverage on Amedisys (Nasdaq: AMED) with a Outperform, saying shares currently offer compelling entry point. Price target $68.

UBS initiates coverage on O'Reilly Automotive (Nasadq: ORLY) with a Buy rating.

UBS initiates coverage on AutoZone (NYSE: AZO) with a Neutral rating.

UBS initiates coverage on Advance Auto Parts (NYSE: AAP) with a Sell rating.

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


Related Categories

Special Reports

Stocks Mentioned

AAP 32.39

+0.00 +0.00%
Volume: 1,919,040
Track AAP

AMED 48.91

+0.00 +0.00%
Volume: 1,460,567
Track AMED

AZO 135.44

+0.00 +0.00%
Volume: 1,991,260
Track AZO

BCSI 9.40

+0.00 +0.00%
Volume: 720,335
Track BCSI

BKC 23.02

+0.00 +0.00%
Volume: 1,116,005
Track BKC

CHS 3.93

+0.00 +0.00%
Volume: 2,822,381
Track CHS

CRM 32.00

+0.00 +0.00%
Volume: 1,411,830
Track CRM

LVS 7.40

+0.00 +0.00%
Volume: 20,669,641
Track LVS

PSUN 1.77

+0.00 +0.00%
Volume: 523,917
Track PSUN

RRC 36.84

+0.00 +0.00%
Volume: 2,366,038
Track RRC


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