Notable Analyst Rating Changes: AUY, BHP, RTP, PRU Upgraded; DELL, SIRI, HMY Downgraded

April 4, 2008 9:45 AM EDT

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
UBS upgrades Yamana Gold (NYSE: AUY) from Neutral to Buy with a C$19 price target.

Sanford C. Bernstein upgrades BHP Billiton (NYSE: BHP) and Rio Tinto (NYSE: RTP) from Market Perform to Outperform.

Lehman Bros. upgrades Prudential Financial (NYSE: PRU) from Underweight to Overweight. Price target increased from $84 to $95.

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

DOWNGRADES:
Goldman Sachs downgrades Dell (Nasdaq: DELL) from Buy to Neutral.

Credit Suisse downgrades Sirius Satellite (Nasdaq: SIRI) from Outperform to Neutral and lowers their price target to $3.

UBS downgrades Harmony Gold (NYSE: HMY) from Neutral to Sell.

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

NEW COVERAGE:
UBS initiates coverage on NYSE Euronext (NYSE: NYX) with a Neutral - short term Trading Buy - rating and $72 price target.

Stifel Nicolaus initiates coverage on VMware (NYSE: VMW) with a Hold rating.

BMO Capital initiates coverage on Brocade (Nasdaq: BRCD) with a Market Perform. Price target $9.

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


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Stocks Mentioned

AUY 12.74

+0.13 +1.03%
Volume: 18,416,501
Track AUY

BHP 72.61

+0.95 +1.33%
Volume: 4,033,139
Track BHP

BRCD 9.25

+0.03 +0.33%
Volume: 17,319,938
Track BRCD

DELL 15.59

+0.19 +1.23%
Volume: 10,533,618
Track DELL

HMY 10.79

-0.15 -1.37%
Volume: 3,887,915
Track HMY

NYX 27.30

+0.33 +1.22%
Volume: 2,386,909
Track NYX

PRU 48.76

+1.28 +2.70%
Volume: 4,421,692
Track PRU

RTP 208.65

+2.47 +1.20%
Volume: 709,203
Track RTP

SIRI 0.63

+0.01 +1.61%
Volume: 16,938,867
Track SIRI

VMW 41.35

-0.25 -0.60%
Volume: 1,217,653
Track VMW


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