Notable Analyst Rating Changes 8/27: MKC, WBD, OKE Upgraded; AMLN, BKUNA, JCG, AXL Downgraded

August 27, 2008 9:47 AM EDT

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
Banc of America upgrades McCormick & Co. Inc. (NYSE: MKC) from Sell to Neutral.

UBS upgrades Wimm-Bill-Dann Foods (NYSE: WBD) from Neutral to Buy.

Lehman Bros. upgrades ONEOK (NYSE: OKE) from Equalweight to Overweight.

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

DOWNGRADES:
Robert W. Baird downgrades Amylin Pharmaceuticals, Inc. (Nasdaq: AMLN) from Buy to Neutral, saying the latest Byetta update reduces their conviction. The firm cut its price target from $37 to $27.

Natixis Bleichroeder downgrades Amylin Pharmaceuticals from Hold to Sell. Price target $22.

Soleil Securities downgrades Amylin Pharmaceuticals from Hold to Sell and lowers their price target from $25 to $20, following news of four additional deaths of patients on Byetta.

Stifel Nicolaus downgrades BankUnited Financial (Nasdaq: BKUNA) from Hold to Sell.

Brean Murray downgrades J. Crew Group, Inc. (NYSE: JCG) from Buy to Hold.

Robert W. Baird downgrades American Axle & Manufacturing (NYSE: AXL) from Outperform to Neutral with a $7 price target.

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

NEW COVERAGE:
Lehman Bros. re-initiates coverage on Hewlett-Packard (NYSE: HPQ) with an Overweight rating.

Merriman Curhan initiates coverage on eHealth (Nasdaq: EHTH) with a Buy.

Needham & Co. initiates coverage on IXYS Corp (NASDAQ: IXYS) with a Hold rating.

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


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Stocks Mentioned

AMLN 6.06

+0.00 +0.00%
Volume: 2,589,738
Track AMLN

AXL 2.28

+0.00 +0.00%
Volume: 1,367,249
Track AXL

BKUNA 0.26

+0.00 +0.00%
Volume: 347,156
Track BKUNA

EHTH 9.72

+0.00 +0.00%
Volume: 198,348
Track EHTH

HPQ 33.44

+0.00 +0.00%
Volume: 21,056,233
Track HPQ

IXYS 6.09

+0.00 +0.00%
Volume: 138,963
Track IXYS

JCG 8.77

+0.00 +0.00%
Volume: 2,167,378
Track JCG

MKC 28.82

+0.00 +0.00%
Volume: 1,071,538
Track MKC

OKE 25.87

+0.00 +0.00%
Volume: 1,082,499
Track OKE

WBD 20.50

+0.00 +0.00%
Volume: 288,841
Track WBD


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