Notable Analyst Rating Changes 6/3: EBAY, CMA, TLB, AAI, CBS Upgraded; AET, AMSC, KGC, LFL Downgraded

June 3, 2009 9:52 AM EDT

UPGRADES:
Collins Stewart upgrades eBay (Nasdaq: EBAY) to Buy. Price target $23. Click here for the full report.

JP Morgan upgrades Comerica (NYSE: CMA) from Neutral to Overweight.

Lazard Capital upgrades The Talbots Inc. (NYSE: TLB) from Hold to Buy.

Bank of America upgrades AirTran (NYSE: AAI) from Undperform to Buy and boosted their price target from $4 to $9 per share. Click here for more color.

Sanford C. Bernstein upgrades CBS Corp (NYSE: CBS) from Underperform to Market Perform.

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

DOWNGRADES:
Credit Suisse and Wachovia downgrade Aetna (NYSE: AET) to Underperform and Market Perform, respectively. Click here for color on the Wachovia call.

Morgan Stanley downgrades American Superconductor (Nasdaq: AMSC) from Equalweight to Underweight.

J.P. Morgan dowgrades Kinross Gold (NYSE: KGC) from Overweight to Neutral.

Bank of America downgrades Lan Airlines (NYSE: LFL) from Buy to Underperform.

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

NEW COVERAGE:
Thomas Weisel initiates Hanesbrands (NYSE: HBI) with an Overweight rating and $23 price target.

Ladenburg Thalmann initiates coverage on Novell (Nasdaq: NOVL) with a Buy rating.

Ladenburg Thalmann initiates coverage on Double-Take Software (Nasdaq: DBTK) with a Sell rating.

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


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Stocks Mentioned

AAI 4.95

+0.49 +10.99%
Volume: 9,629,986
Track AAI

AET 29.76

-0.06 -0.20%
Volume: 3,602,944
Track AET

AMSC 34.23

-0.13 -0.38%
Volume: 539,696
Track AMSC

CBS 13.02

-0.13 -0.99%
Volume: 5,046,047
Track CBS

CMA 28.66

+0.32 +1.13%
Volume: 1,013,011
Track CMA

DBTK 9.00

-0.11 -1.21%
Volume: 121,805
Track DBTK

EBAY 23.76

-0.24 -1.00%
Volume: 18,603,456
Track EBAY

HBI 24.07

+0.04 +0.17%
Volume: 1,146,217
Track HBI

KGC 21.97

+0.87 +4.12%
Volume: 14,101,886
Track KGC

LFL 16.05

+0.12 +0.75%
Volume: 1,013,829
Track LFL

NOVL 4.00

+0.09 +2.30%
Volume: 5,720,549
Track NOVL

TLB 6.75

-0.16 -2.32%
Volume: 1,137,193
Track TLB


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