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 25.02

-20.03 -44.46%
Volume: 445,866
Track ACS

AMZN 79.32

-2.28 -2.79%
Volume: 7,219,034
Track AMZN

ANF 27.53

+2.10 +8.26%
Volume: 443,211
Track ANF

CNL 28.64

+5.82 +25.50%
Volume: 436,178
Track CNL

INTC 16.72

-0.32 -1.88%
Volume: 54,945,439
Track INTC

MA 25.11

-140.73 -84.86%
Volume: 436,932
Track MA

MET 25.04

-4.72 -15.86%
Volume: 435,840
Track MET

WFC 29.98

+5.84 +24.19%
Volume: 432,484
Track WFC


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