StreetInsider.com Notable Analyst Rating Changes 10/11

October 11, 2007 10:02 AM EDT

Notable Analyst Rating Changes:

UPGRADES:
Lehman Brothers upgrades Norfolk Southern Corp. (NYSE: NSC) from Underweight to Equal Weight.

Credit Suisse upgrades BRE Properties Inc. (NYSE: BRE) from Neutral to Outperform.

Stiffel, Nicolaus & Co. upgrades SL Green Realty Corp. (NYSE: SLG) from Hold to Buy with a $135 price target. The firm raised its rating for several reasons including slowing leasing dynamics, flattening rental rate growth, and virtually no increases in expected vacancies.

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

DOWNGRADES:
Think Equity downgrades Intel Corporation (NASDAQ: INTC) from Accumulate to Source of Funds, citing weak forecasts from PC makers.

ThinkEquity downgrades Texas Instruments (NYSE: TXN) from Accumulate to Source of Funds with a $33 price target.

Citigroup downgrades ValueClick, Inc. (Nasdaq: VCLK) from Buy to Hold as the stock moves within 3% of their $30 price target. The firm said the risk-reward profile is less compelling.

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

NEW COVERAGE:
Merrill Lynch resumes coverage on Nokia (NYSE: NOK) with a Buy rating. The firm said the pickup in margins and share gains will continue.

Friedman Billings initiates coverage on MetLife, Inc. (NYSE: MET) with an Outperform rating and $83 price target.

Friedman Billings initiates coverage on AFLAC Incorporated (NYSE: AFL) with an Outperform rating and $67 price target.

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


Related Categories

Downgrades
New Coverage
Special Reports
Upgrades

Stocks Mentioned

AFL 46.73

+0.33 +0.71%
Volume: 3,190,630
Track AFL

BRE 31.93

+0.46 +1.46%
Volume: 714,074
Track BRE

INTC 19.72

+0.06 +0.31%
Volume: 35,749,854
Track INTC

MET 35.08

+0.89 +2.60%
Volume: 6,108,943
Track MET

NOK 12.94

-0.47 -3.50%
Volume: 30,694,294
Track NOK

NSC 52.22

-0.13 -0.25%
Volume: 1,324,535
Track NSC

SLG 47.00

+1.28 +2.80%
Volume: 2,178,150
Track SLG

TXN 25.96

+0.02 +0.08%
Volume: 20,674,110
Track TXN

VCLK 9.90

+0.28 +2.91%
Volume: 703,862
Track VCLK


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