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 4.67

+0.03 +0.65%
Volume: 3,947,120
Track AAI

AET 29.82

+0.66 +2.26%
Volume: 9,357,319
Track AET

AMSC 33.00

+1.12 +3.51%
Volume: 1,099,640
Track AMSC

CBS 13.29

+0.57 +4.48%
Volume: 7,957,704
Track CBS

CMA 28.39

+0.82 +2.97%
Volume: 1,787,445
Track CMA

DBTK 9.58

+0.08 +0.84%
Volume: 81,466
Track DBTK

EBAY 23.27

-0.07 -0.30%
Volume: 14,474,488
Track EBAY

HBI 25.97

+0.93 +3.71%
Volume: 2,305,297
Track HBI

KGC 19.41

+0.75 +4.02%
Volume: 9,610,897
Track KGC

LFL 14.62

+0.37 +2.60%
Volume: 239,966
Track LFL

NOVL 4.19

+0.04 +0.96%
Volume: 3,736,069
Track NOVL

TLB 9.19

+0.69 +8.12%
Volume: 1,197,786
Track TLB


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