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 4.79

+0.33 +7.40%
Volume: 2,517,275
Track AAI

AET 29.72

-0.10 -0.34%
Volume: 712,620
Track AET

AMSC 34.54

+0.18 +0.52%
Volume: 131,644
Track AMSC

CBS 13.15

+0.00 +0.00%
Volume: 1,058,502
Track CBS

CMA 28.66

+0.32 +1.13%
Volume: 265,131
Track CMA

DBTK 9.46

+0.35 +3.84%
Volume: 25,455
Track DBTK

EBAY 24.04

+0.04 +0.17%
Volume: 5,339,500
Track EBAY

HBI 24.35

+0.32 +1.33%
Volume: 277,254
Track HBI

KGC 22.15

+1.05 +4.98%
Volume: 3,753,975
Track KGC

LFL 15.91

-0.02 -0.13%
Volume: 265,246
Track LFL

NOVL 3.90

-0.01 -0.26%
Volume: 1,327,140
Track NOVL

TLB 7.05

+0.14 +2.03%
Volume: 132,531
Track TLB


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