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