Notable Analyst Rating Changes 7/28: AMGN, DKS, BBY, PCLN Upgraded; CLX, VSE, MPEL, HAS Downgraded

July 28, 2008 10:01 AM EDT

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
Morgan Stanley upgrades Amgen (Nasdaq: AMGN) from Equal Weight to Overweight.

Goldman Sachs upgrades Dick's Sporting Goods Inc. (NYSE: DKS) from Neutral to Buy.

Banc of America upgrades Best Buy (NYSE: BBY) from Neutral to Buy.

Thomas Weisel upgrades priceline.com (Nasdaq: PCLN) from Marketweight to Overweight. Price target $145.

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

DOWNGRADES:
Goldman Sachs downgrades Clorox Co. (NYSE: CLX) from Neutral to Sell and added the stock to their Conviction Sell List.

Lehman Bros. downgrades VeraSun (NYSE: VSE) from Equalweight to Underweight.

Credit Suisse downgrades Melco Crown Entertainment (Nasdaq: MPEL) from Outperform to Neutral. Price target $7.50.

Needham downgrades Hasbro (NYSE: HAS) from Buy to Hold.

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

NEW COVERAGE:J.P. Morgan initiates coverage on RHI Entertainment (Nasdaq: RHIE) with an Overweight. Cowen & Co. also started the stock, but at Neutral.

Merrill Lynch resumes coverage on MSCI Inc. (NYSE: MXB) with a Neutral.

BofA initiates coverage on Britannia Bulk (NYSE: DWT) with a Buy.

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


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Stocks Mentioned

AMGN 56.45

+1.07 +1.93%
Volume: 1,348,821
Track AMGN

BBY 44.15

+0.85 +1.96%
Volume: 1,404,054
Track BBY

CLX 60.41

+0.76 +1.27%
Volume: 177,228
Track CLX

DKS 21.90

+0.32 +1.48%
Volume: 349,936
Track DKS

DWT 0.01

+0.00 +0.00%
Volume: 100
Track DWT

HAS 29.51

+0.41 +1.41%
Volume: 561,801
Track HAS

MPEL 4.49

+0.09 +2.05%
Volume: 1,857,664
Track MPEL

MXB 31.16

+0.29 +0.94%
Volume: 166,861
Track MXB

PCLN 214.14

+5.39 +2.58%
Volume: 331,123
Track PCLN

RHIE 0.72

-0.01 -1.37%
Volume: 55,816
Track RHIE

VSE 0.28

+0.00 +0.00%
Volume: 925,966
Track VSE


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