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 54.69

+0.64 +1.18%
Volume: 5,495,396
Track AMGN

BBY 40.24

+0.19 +0.47%
Volume: 3,831,106
Track BBY

CLX 59.93

+0.46 +0.77%
Volume: 1,459,218
Track CLX

DKS 24.62

+0.03 +0.12%
Volume: 1,283,614
Track DKS

DWT 0.01

+0.00 +0.00%
Volume: 100
Track DWT

HAS 27.91

+0.18 +0.65%
Volume: 1,963,784
Track HAS

MPEL 5.05

-0.07 -1.37%
Volume: 3,479,043
Track MPEL

MXB 32.23

+1.31 +4.24%
Volume: 3,341,140
Track MXB

PCLN 172.00

+3.99 +2.37%
Volume: 1,500,185
Track PCLN

RHIE 2.80

-0.01 -0.36%
Volume: 3,400
Track RHIE

VSE 0.28

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


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