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 45.13

+1.09 +2.48%
Volume: 2,756,996
Track AFL

BRE 27.29

-0.42 -1.52%
Volume: 943,770
Track BRE

INTC 14.55

+0.11 +0.76%
Volume: 63,103,782
Track INTC

MET 33.14

+0.70 +2.16%
Volume: 6,393,905
Track MET

NOK 15.37

-0.29 -1.85%
Volume: 16,830,800
Track NOK

NSC 47.64

+0.06 +0.13%
Volume: 2,143,259
Track NSC

SLG 23.15

-0.92 -3.82%
Volume: 3,663,244
Track SLG

TXN 15.28

-0.30 -1.93%
Volume: 11,072,480
Track TXN

VCLK 7.04

+0.11 +1.59%
Volume: 534,059
Track VCLK


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