Notable Analyst Rating Changes 8/14: EGLE, DE, CSX Upgraded; MDR, NCC, SGR Downgraded

August 14, 2008 10:00 AM EDT

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
JP Morgan upgrades Eagle Bulk Shipping (Nasdaq: EGLE) from Neutral to Overweight

Stifel Nicolaus upgrades Deere (NYSE: DE) from Hold to Buy with a $93 price target.

UBS upgrades CSX Corp (NYSE: CSX) from Neutral to Buy.

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

DOWNGRADES:
Citi downgrades McDermott International Inc (NYSE: MDR) from Buy to Hold. Price target lowered from $77 to $42.

Ladenburg Thalmann's Richard Bove dowgrades National City (NYSE: NCC) from Buy to Neutral, maintaing his $6 price target.

Citi downgrades Shaw Group Inc (NYSE: SGR) from Hold to Sell. Price target lowered from $77 to $50.

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

NEW COVERAGE:
Lehman Bros. initiates coverage on Bunge (NYSE: BG) with an Underweight. Price target $97.

Lehman Bros. initiates coverage on Tyson Foods (NYSE: TSN) with a Overweight. Price target $24.

Citi and Credit Suisse start Energy Recovery (Nasdaq: ERII) with a Hold and Outperform, respectively.

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


Related Categories

Special Reports

Stocks Mentioned

BG 35.50

+2.74 +8.36%
Volume: 3,054,011
Track BG

CSX 33.70

+1.93 +6.07%
Volume: 13,344,250
Track CSX

DE 30.97

+2.20 +7.65%
Volume: 9,069,447
Track DE

EGLE 3.30

-0.98 -22.90%
Volume: 2,373,321
Track EGLE

ERII 5.89

+0.30 +5.37%
Volume: 155,873
Track ERII

MDR 7.38

+1.26 +20.59%
Volume: 8,873,563
Track MDR

NCC 1.60

+0.01 +0.63%
Volume: 55,235,246
Track NCC

SGR 13.88

+1.82 +15.09%
Volume: 3,270,103
Track SGR

TSN 5.15

+0.75 +17.05%
Volume: 7,376,339
Track TSN


Related Entities


Add Your Comment