Notable Analyst Rating Changes 7/31: V, SGP, RAI, DELL Upgraded; THQI, GGP, TROW, JLL Downgraded

July 31, 2008 10:13 AM EDT

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
Calyon Securities upgrades Visa (NYSE: V) from Add to Buy. Price target $90.

Merrill Lynch upgrades Schering-Plough (NYSE: SGP) from Neutral to Buy.

Merrill Lynch upgrades Reynolds American (NYSE: RAI) from Underperform to Neutral.

Cowen & Co. upgrades Dell (NASDAQ: DELL) from Neutral to Outperform.

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

DOWNGRADES:
Oppenheimer downgrades THQ Inc (Nasdaq: THQI) from Outperform to Perform. Price target $16.

Citi and Wachovia downgrade General Growth Properties (NYSE: GGP) to Sell and Underperform, respectively.

Wachovia downgrades T. Rowe Price Group (NASDAQ: TROW) from Outperform to Market Perform with a $59-$62 valuation range.

J.P. Morgan downgrades Jones Lang LaSalle (NYSE: JLL) from Overweight to Neutral.

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

NEW COVERAGE:
UBS initiates coverage on Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) with a Neutral rating and $95 price target.

RBC Capital initiates coverage on Dollar Financial (Nasdaq: DLLR) with an Outperform rating.

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


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Stocks Mentioned

DELL 9.99

-1.18 -10.56%
Volume: 14,961,871
Track DELL

DLLR 7.02

-0.56 -7.39%
Volume: 59,925
Track DLLR

GGP 1.09

-0.29 -21.01%
Volume: 5,818,335
Track GGP

JLL 21.49

-2.34 -9.82%
Volume: 274,204
Track JLL

RAI 40.97

-0.11 -0.27%
Volume: 644,713
Track RAI

SCHN 23.57

-3.43 -12.70%
Volume: 521,283
Track SCHN

SGP 16.00

-0.81 -4.82%
Volume: 7,041,210
Track SGP

THQI 4.21

-0.53 -11.18%
Volume: 377,663
Track THQI

TROW 30.41

-3.80 -11.11%
Volume: 944,430
Track TROW

V 49.20

-3.36 -6.39%
Volume: 3,469,396
Track V


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