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 4.46

+0.34 +8.25%
Volume: 11,009,749
Track AAI

AET 29.82

+0.71 +2.44%
Volume: 3,793,398
Track AET

AMSC 34.36

+1.16 +3.49%
Volume: 992,548
Track AMSC

CBS 13.15

+0.34 +2.65%
Volume: 7,145,866
Track CBS

CMA 28.34

-0.13 -0.46%
Volume: 1,445,336
Track CMA

DBTK 9.11

+0.31 +3.52%
Volume: 193,337
Track DBTK

EBAY 24.00

-0.47 -1.92%
Volume: 31,378,150
Track EBAY

HBI 24.03

+0.02 +0.08%
Volume: 1,936,787
Track HBI

KGC 21.10

+1.08 +5.39%
Volume: 15,723,083
Track KGC

LFL 15.93

+0.51 +3.31%
Volume: 524,376
Track LFL

NOVL 3.91

+0.00 +0.00%
Volume: 2,280,205
Track NOVL

TLB 6.91

+0.30 +4.54%
Volume: 822,895
Track TLB


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