Notable Analyst Rating Changes 1/30: CSIQ, ALB, NKE, DIS Upgraded; YHOO, MER, TROW Downgraded

January 30, 2008 10:09 AM EST

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
Oppenheimer upgrades Canadian Solar (Nasdaq: CSIQ) from Perform to Outperform, citing positive outlook. Price target $27.

UBS and JPMorgan upgrade Albemarle (NYSE: ALB) to Buy and Overweight, respectively.

J.P. Morgan upgrades NIKE (NYSE: NKE) from Neutral to Overweight.

Pali Research upgrades Walt Disney (NYSE: DIS) to Buy. Price target $34.

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

DOWNGRADES:
Oppenheimer downgrades Merrill Lynch (NYSE: MER) from Perform to Underperform, citing valuation and negative outlook on sub-prime exposure.

Friedman Billings downgrades T. Rowe Price (Nasdaq: TROW) from Market Perform to Underperform, citing 2008 outlook. Price target lowered to $45.

Pacific Crest, Citi and Oppenheimer downgrade Yahoo! (Nasdaq: YHOO) to Sector Perform, Hold and Market Perform, respectively.

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

NEW COVERAGE:
UBS initiates coverage on Micron (NYSE: MU) with a Buy rating and $8 price target.

UBS initiates coverage on SanDisk Corp. (Nasdaq: SNDK) with a Neutral rating.

Stifel Nicolaus initiates coverage on Abercrombie & Fitch (NYSE: ANF) with a Buy rating. Price target $100.

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


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Stocks Mentioned

ALB 38.80

-0.40 -1.02%
Volume: 1,094,958
Track ALB

ANF 59.30

-1.13 -1.87%
Volume: 2,836,602
Track ANF

CSIQ 31.32

-0.05 -0.16%
Volume: 2,868,348
Track CSIQ

DIS 30.90

-0.30 -0.96%
Volume: 14,004,423
Track DIS

MER 30.91

+0.18 +0.59%
Volume: 54,981,350
Track MER

MU 5.70

+0.25 +4.59%
Volume: 19,274,575
Track MU

NKE 58.20

-0.36 -0.61%
Volume: 4,115,007
Track NKE

SNDK 17.57

-0.55 -3.04%
Volume: 12,163,318
Track SNDK

TROW 54.74

+0.11 +0.20%
Volume: 3,268,029
Track TROW

YHOO 22.45

+0.01 +0.04%
Volume: 23,376,756
Track YHOO


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