Notable Analyst Rating Changes 1/07: LLY, DTV, BCR Upgraded; BBY, MOT, IBM, UNH Downgraded

January 7, 2008 10:42 AM EST

Notable Analyst Rating Changes:

UPGRADES:
Morgan Stanley upgrades Eli Lilly (NYSE: LLY) from Underweight to Equalweight.

Lehman Bros. upgrades DIRECTV (NYSE: DTV) from Equalweight to Overweight.

BMO Capital upgrades C.R. Bard (NYSE: BCR) from Market Perform to Outperform. Price target $108.

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

DOWNGRADES:
Bear Stearns downgrades Best Buy (NYSE: BBY) from Outperform to Underperform.

RBC downgrades Motorola (NYSE: MOT) from Outperform to Sector Perform.

UBS downgrades IBM (NYSE: IBM) from Buy to Neutral.

Stifel Nicolaus downgrades UnitedHealth Group (NYSE: UNH) from Buy to Hold.

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

NEW COVERAGE:
Merrill Lynch initiates coverage on First Solar (Nasdaq: FSLR) with a Buy rating.

Cantor Fitzgerald initiates coverage on Navios Maritime Partners (NYSE: NMM) with a Buy rating and a $21 price target.

UBS initiates coverage on El Paso Pipeline Partners (NYSE: EPB) with a Buy.

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


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Stocks Mentioned

BBY 39.59

-0.06 -0.15%
Volume: 3,678,791
Track BBY

BCR 86.87

-0.50 -0.57%
Volume: 279,500
Track BCR

DTV 25.00

-0.26 -1.03%
Volume: 5,762,655
Track DTV

EPB 20.17

-0.50 -2.42%
Volume: 54,615
Track EPB

FSLR 253.65

+5.81 +2.34%
Volume: 3,313,336
Track FSLR

IBM 119.54

+0.44 +0.37%
Volume: 6,117,601
Track IBM

LLY 46.98

+0.89 +1.93%
Volume: 4,531,256
Track LLY

MOT 7.06

-0.09 -1.26%
Volume: 19,300,153
Track MOT

NMM 13.85

-0.20 -1.42%
Volume: 27,375
Track NMM

UNH 22.96

-2.16 -8.60%
Volume: 22,790,029
Track UNH


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