Notable Analyst Rating Changes 6/5: NVDA, SGP, UAUA Upgraded; PFE, MOT, CAT, HAYN Downgraded

June 5, 2008 12:15 PM EDT

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
Goldman Sachs upgrades NVIDIA (Nasdaq: NVDA) from Neutral to Buy.

Goldman Sachs upgrades Schering-Plough (NYSE: SGP) from Neutral to Buy.

Soleil Securities upgrades UAL Corporation (NASDAQ: UAUA) from Sell to Hold and raises their price target from $7 to $11. Lehman also upgraded UAL from Equal Weight to Overweight with a price target of $16.

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

DOWNGRADES:
Goldman Sachs downgrades Pfizer (NYSE: PFE) from Buy to Neutral.

Oppenheimer downgrades Motorola (NYSE: MOT) from Perform to Underperform, citing recent channel check indicate possible miss in company's guidance due to slowing handset shipments.

UBS downgrades Caterpillar (NYSE: CAT) from Neutral to Sell.

J.P. Morgan downgrades Haynes (Nasdaq: HAYN) from Overweight to Neutral.

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

NEW COVERAGE:
Friedman Billings Ramsey reinstates coverage on Advanced Micro Devices Inc. (NYSE: AMD) with a Market Perform rating and $8 price target.

Friedman Billings reinitiates coverage on Intel (Nasdaq: INTC) with a Market Perform rating.

Brean Murray assumes coverage on Harmonic (NASDAQ: HLIT) with a Buy rating and a $13 price target.

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


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Stocks Mentioned

AMD 5.74

-0.10 -1.71%
Volume: 14,595,674
Track AMD

CAT 64.02

+0.08 +0.13%
Volume: 6,168,380
Track CAT

HAYN 54.00

-0.92 -1.68%
Volume: 73,837
Track HAYN

HLIT 8.01

-0.01 -0.12%
Volume: 1,856,269
Track HLIT

INTC 20.61

+0.09 +0.44%
Volume: 51,627,616
Track INTC

MOT 9.05

-0.09 -0.98%
Volume: 15,669,875
Track MOT

NVDA 11.56

+0.06 +0.52%
Volume: 13,695,935
Track NVDA

PFE 18.56

-0.11 -0.59%
Volume: 23,836,608
Track PFE

SGP 19.00

-0.16 -0.84%
Volume: 6,497,067
Track SGP

UAUA 12.33

+0.41 +3.44%
Volume: 14,794,348
Track UAUA


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