Notable Analyst Rating Changes 10/10: AMZN, WFC, ANF Upgraded; INTC, MA, CNL Downgraded

October 10, 2008 10:24 AM EDT

UPGRADES:
Citi upgrades Abercrombie & Fitch Co (NYSE: ANF) from Sell to Hold. Price target lowered from $45 to $30.

Stifel Nicolaus upgrades Wells Fargo (NYSE: WFC) from Sell to Hold.

BWS Financial upgrades Amazon.com (Nasdaq: AMZN) from Sell to Hold. Price target lowered to $54.

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

DOWNGRADES:
Goldman Sachs downgrades CLECO Corp (NYSE: CNL) from Buy to Neutral.

ThinkPanmure downgrades Intel (Nasdaq: INTC) from Buy to Sell and lowers their price target to $12.

Deutsche Bank downgrades Mastercard (NYSE: MA) from Buy to Hold.

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

NEW COVERAGE:
Morgan Stanley resumes coverage of Metlife (NYSE: MET) with an Overweight rating.

Susquehanna initiates coverage on Affiliated Computer Services (NYSE: ACS) with a Positive rating. Price target $55.

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


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Stocks Mentioned

ACS 54.86

+0.37 +0.68%
Volume: 1,136,961
Track ACS

AMZN 129.91

-0.24 -0.18%
Volume: 7,435,023
Track AMZN

ANF 37.59

+0.06 +0.16%
Volume: 3,343,999
Track ANF

CNL 25.27

+0.06 +0.24%
Volume: 339,508
Track CNL

INTC 19.84

+0.34 +1.74%
Volume: 61,338,359
Track INTC

MA 237.90

-0.77 -0.32%
Volume: 1,728,540
Track MA

MET 35.52

+0.79 +2.27%
Volume: 5,152,679
Track MET

WFC 28.80

+0.70 +2.49%
Volume: 40,087,195
Track WFC


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