Notable Analyst Rating Changes 7/3: LLL, ACI, BTU, AA Upgraded; HNT, AET, NVDA Downgraded

July 3, 2008 10:11 AM EDT

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
Cowen & Co. upgrades L-3 Communications (NYSE: LLL) from Neutral to Outperform, calling the stock an "oversold safe haven."

Citi upgrades Arch Coal Inc. (NYSE: ACI) and Peabody Energy Corp. (NYSE: BTU) from Hold to Buy.

Soleil Securities upgrades Alcoa (NYSE: AA) from Sell to Hold with a $40 price target, citing valuation.

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

DOWNGRADES:
Goldman Sachs downgrades Health Net Inc. (NYSE: HNT) from Neutal to Sell.

Goldman Sachs downgrades Aetna Inc. (NYSE: AET) from Neutral to Sell.

JP Morgan, Needham & Co and Longbow Research downgrade NVIDIA (Nasdaq: NVDA) after Q2 warning.

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

NEW COVERAGE:
Friedman Billings initiates coverage on ESCO Technologies (NYSE: ESE) with an Outperform rating and $60 price target.

Soleil Securities initiates coverage on GeoEye (NASDAQ: GEOY) with a Buy rating and a $23 price target.

Stanford initiates coverage on Consolidated Communications (Nasdaq: CNSL) with a Hold. Price target $16.

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


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Stocks Mentioned

AA 11.25

-1.21 -9.71%
Volume: 44,532,708
Track AA

ACI 22.04

-0.49 -2.17%
Volume: 12,742,006
Track ACI

AET 27.77

+0.77 +2.85%
Volume: 12,466,565
Track AET

BTU 28.65

-0.93 -3.14%
Volume: 16,942,603
Track BTU

CNSL 10.16

-0.80 -7.30%
Volume: 350,635
Track CNSL

ESE 37.46

+2.05 +5.79%
Volume: 343,021
Track ESE

GEOY 19.30

+1.95 +11.24%
Volume: 709,555
Track GEOY

HNT 16.93

+0.55 +3.36%
Volume: 2,965,883
Track HNT

LLL 80.00

-4.63 -5.47%
Volume: 3,105,622
Track LLL

NVDA 6.81

-0.11 -1.59%
Volume: 30,010,954
Track NVDA


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