Notable Analyst Rating Changes 5/12: ECA, MMC, RSTO Upgraded; FDX, AIG, DRS Downgraded

May 12, 2008 9:48 AM EDT

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
Raymond James upgrades EnCana (NYSE: ECA) from Outperform to Strong Buy.

Goldman Sachs upgrades Marsh & McLennan (NYSE: MMC) from Sell to Neutral.

Raymond James upgrades Restoration Hardware (Nasdaq: RSTO) from Underperform to Market Perform.

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

DOWNGRADES:
Morgan Keegan downgrades FedEx (NYSE: FDX) from Outperform to Market Perform.

Goldman Sachs downgrades AIG (NYSE: AIG) from Buy to Neutral, saying market concerns will continue to pressure shares.

Credit Suisse downgrades DRS Technologies (NYSE: DRS) from Outperform to Neutral.

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

NEW COVERAGE:
Brean Murray assumes coverage on Network Equipment Technologies (NYSE: NWK) with a Buy rating and a $8 price target.

Deutsche Bank initiates Third Wave Technologies (NASDAQ: TWTI) with a Buy rating and a $12 price target.

Merriman Curhan initiates coverage on Capstone Turbine (Nasdaq: CPST) with a Buy, saying company is positioned from long-term growth.

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


Related Categories

Special Reports

Stocks Mentioned

AIG 26.24

-0.51 -1.91%
Volume: 17,322,663
Track AIG

CPST 3.33

-0.29 -8.01%
Volume: 6,068,045
Track CPST

DRS 78.48

+0.13 +0.17%
Volume: 206,634
Track DRS

ECA 88.91

-1.22 -1.35%
Volume: 2,567,063
Track ECA

FDX 74.97

+0.27 +0.36%
Volume: 1,964,647
Track FDX

MMC 26.56

-0.19 -0.71%
Volume: 2,250,442
Track MMC

NWK 3.46

+0.23 +7.12%
Volume: 205,914
Track NWK

RSTO 0.01

-4.57 -99.78%
Volume: 0
Track RSTO

TWTI 11.19

+0.01 +0.09%
Volume: 406,697
Track TWTI


Related Entities


Add Your Comment