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 55.54

-0.55 -0.98%
Volume: 578,719
Track ACS

AMZN 131.74

-2.29 -1.71%
Volume: 4,422,567
Track AMZN

ANF 39.97

-0.84 -2.06%
Volume: 2,756,343
Track ANF

CNL 25.50

-0.57 -2.19%
Volume: 128,219
Track CNL

INTC 19.11

-0.23 -1.19%
Volume: 35,747,631
Track INTC

MA 235.59

-4.25 -1.77%
Volume: 648,074
Track MA

MET 33.28

-1.31 -3.79%
Volume: 3,255,099
Track MET

WFC 27.14

-0.69 -2.48%
Volume: 23,176,724
Track WFC


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