Notable Analyst Rating Changes: FLIR, LULU, SCSS Upgrades; Airlines, MCO Downgraded

March 11, 2008 11:50 AM EDT

StreetInsider.com Notable Analyst Rating Changes:


UPGRADES

Bear Stearns upgrades FLIR Systems (Nasdaq: FLIR) from Peer Perform to Outperform.

Credit Suisse upgrades Lululemon (Nasdaq: LULU) from Neutral to Outperform, citing continued sales momentum. Price target $42.

Morgan Keegan upgrades Select Comfort (Nasdaq: SCSS) from Underperform to Market Perform.

For More Upgrades Go To http://www.streetinsider.com/Upgrades

DOWNGRADES

Credit Suisse downgrades the Airline Sector from Overweight to Market Weight. The firm downgraded US Airways Group, Inc. (NYSE: LCC), Northwest Airlines Corp. (NYSE: NWA) from Outperform to Neutral. The firm downgraded AMR Corporation (NYSE: AMR) from Neutral to Underperform. The firm upgrades AirTran Holdings Inc. (NYSE: AAI) from Neutral to Outperform

Lehman Brothers assumes coverage on Moody's Corp. (NYSE: MCO) and downgrades the stock from Overweight to Underweight

For More Downgrades Go To http://www.streetinsider.com/Downgrades


NEW COVERAGE

Jesup & Lamont initiates coverage on Apogee Enterprises (Nasdaq: APOG) with a Buy rating and $24.50 price target.

Fox-Pitt Kelton initiates coverage on Prudential Financial Inc. (NYSE: PRU) with an Outperform rating and $90 price target.

Pacific Growth Securities initiates coverage on United Online (Nasdaq: UNTD) with a Buy.

For More New Coverage Go To http://www.streetinsider.com/New+Coverage


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Stocks Mentioned

AAI 29.83

+23.34 +359.63%
Volume: 443,953
Track AAI

AMR 25.06

+20.92 +505.31%
Volume: 431,999
Track AMR

APOG 11.91

-0.50 -4.03%
Volume: 421,187
Track APOG

FLIR 21.67

-0.87 -3.86%
Volume: 1,573,604
Track FLIR

LCC 2.46

+0.05 +2.07%
Volume: 3,808,116
Track LCC

LULU 12.26

-0.81 -6.20%
Volume: 1,090,710
Track LULU

MCO 25.07

-1.85 -6.87%
Volume: 443,378
Track MCO

NWA 9.90

+0.00 +0.00%
Volume: 15,676,884
Track NWA

PRU 27.48

-9.72 -26.13%
Volume: 448,241
Track PRU

SCSS 0.88

+0.05 +6.02%
Volume: 149,506
Track SCSS

UNTD 6.40

-0.24 -3.61%
Volume: 608,696
Track UNTD


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