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 4.68

+0.15 +3.31%
Volume: 2,837,700
Track AAI

AMR 5.86

+0.27 +4.83%
Volume: 11,650,102
Track AMR

APOG 14.68

-0.02 -0.14%
Volume: 130,839
Track APOG

FLIR 28.89

+0.05 +0.17%
Volume: 1,013,292
Track FLIR

LCC 3.23

+0.17 +5.56%
Volume: 7,050,612
Track LCC

LULU 27.66

+0.50 +1.84%
Volume: 511,324
Track LULU

MCO 24.13

+0.35 +1.47%
Volume: 3,655,389
Track MCO

NWA 9.90

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

PRU 48.76

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

SCSS 5.35

+0.07 +1.33%
Volume: 274,648
Track SCSS

UNTD 8.37

+0.03 +0.36%
Volume: 702,319
Track UNTD


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