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 59.64

+0.00 +0.00%
Volume: 961,725
Track ACS

AMZN 191.59

+6.05 +3.26%
Volume: 6,071,318
Track AMZN

ANF 44.67

-0.40 -0.89%
Volume: 2,015,634
Track ANF

CNL 39.34

+0.10 +0.25%
Volume: 376,823
Track CNL

INTC 26.70

+0.00 +0.00%
Volume: 24,722,736
Track INTC

MA 396.65

+0.51 +0.13%
Volume: 584,700
Track MA

MET 37.68

+0.79 +2.14%
Volume: 7,221,251
Track MET

WFC 30.62

+0.36 +1.19%
Volume: 21,961,538
Track WFC


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