Notable Analyst Rating Changes 9/11: NVS, TSN, ALB Upgraded; LEH, NVDA, RAI, KNXA Downgraded

September 11, 2008 10:06 AM EDT

UPGRADES:
Goldman Sachs upgrades Novartis AG (NYSE: NVS) from Neutral to Buy, citing a more diversified business.

Morgan Stanley upgrades Tyson Foods (NYSE: TSN) from Underweight to Equalweight.

J.P. Morgan upgrades Albemarle (NYSE: ALB) from Neutral to Overweight.

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

DOWNGRADES:
Goldman Sachs downgrades Lehman Brothers (NYSE: LEH) from Buy to Neutral and cuts its price target from $22 to $7. Deutsche Bank and Citi also downgraded Lehman to Hold this morning.

Lehman Brothers downgrades NVIDIA (Nasdaq: NVDA) from Overweight to Equal Weight.

Morgan Stanley downgrades Reynolds American (NYSE: RAI) from Equalweight to Underweight.

Credit Suisse, KeyBanc and Lazard downgraded Kenexa (Nasdaq: KNXA) to Neutral, Underweight and Hold, respectively.

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

NEW COVERAGE:
Wedbush Morgan initiates coverage on Macrovision Solutions Corp. (Nasdaq: MVSN) with a Buy rating and $20 price target.

Caris & Co initiates coverage on TiVo (Nasdaq: TIVO) with an Above Average. Price target $10.

Piper Jaffray initiates coverage on Itron Inc. (Nasdaq: ITRI) with a Buy rating and $120 price target.

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


Related Categories

Special Reports

Stocks Mentioned

ALB 23.39

+0.00 +0.00%
Volume: 563,745
Track ALB

ITRI 60.81

+0.00 +0.00%
Volume: 573,960
Track ITRI

KNXA 7.81

+0.00 +0.00%
Volume: 209,588
Track KNXA

LEH 0.13

+0.00 +0.00%
Volume: 0
Track LEH

MVSN 13.29

+0.00 +0.00%
Volume: 1,477,095
Track MVSN

NVDA 8.62

+0.00 +0.00%
Volume: 3,050
Track NVDA

NVS 48.70

+0.00 +0.00%
Volume: 1,200
Track NVS

RAI 37.42

+0.00 +0.00%
Volume: 2,078,442
Track RAI

TIVO 7.11

+0.00 +0.00%
Volume: 633,606
Track TIVO

TSN 8.26

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


Related Entities


Add Your Comment