Notable Analyst Rating Changes 10/28: CHA, BIIB, PHM Upgraded; NOK, NCC, STV, EQ Downgraded

October 28, 2008 9:57 AM EDT

UPGRADES:
UBS upgrades China Telecom (NYSE: CHA) from Neutral to Buy.

Cowen & Co upgrades Biogen Idec (Nasdaq: BIIB) to Outperform, calling the stock the Best Value in Biotech.

Citi upgrades Pulte Homes (NYSE: PHM) from Hold to Buy. Price target lowered from $16 to $11.

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

DOWNGRADES:
Goldman Sachs downgrades Nokia Corp. (NYSE: NOK) from Neutral to Sell and cuts its price target from $17 to $13.

Keefe, Bruyette and Woods downgrades National City (NYSE: NCC) from Outperform to Market Perform. Price target $2.30.

Susquehanna downgrades China Digital TV Holding Co., Ltd. (NYSE: STV) to Neutral.

UBS downgrades Embarq (NYSE: EQ) from Buy to Neutral.

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

NEW COVERAGE:
Credit Suisse initiates coverage on Comcasct (Nasdaq: CMCSA) with an Outperform. Price target $16.

Soleil Securities initiates coverage on Archer Daniels Midland (NYSE: ADM) with a Buy rating and $25 price target.

Credit Suisse initiates coverage on Google (Nasdaq: GOOG) with an Outperform rating.

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


Related Categories

Special Reports

Stocks Mentioned

ADM 30.65

-0.75 -2.39%
Volume: 2,703,406
Track ADM

BIIB 46.92

-0.53 -1.12%
Volume: 1,476,173
Track BIIB

CHA 43.94

-2.07 -4.50%
Volume: 213,736
Track CHA

CMCSA 14.88

-0.19 -1.26%
Volume: 7,556,041
Track CMCSA

EQ 42.06

+0.00 +0.00%
Volume: 3,905,280
Track EQ

GOOG 579.76

-5.98 -1.02%
Volume: 1,384,523
Track GOOG

NCC 1.81

+0.00 +0.00%
Volume: 106,343,355
Track NCC

NOK 13.21

-0.32 -2.37%
Volume: 8,118,451
Track NOK

PHM 9.11

-0.30 -3.19%
Volume: 3,194,117
Track PHM

STV 6.12

+0.05 +0.82%
Volume: 165,947
Track STV


Related Entities


Add Your Comment