Notable Analyst Rating Changes 11/10: WFC, MOH, CIM Upgraded; GM, LVS, FSLR, ENER, SPWRA Downgraded

November 10, 2008 9:58 AM EST

UPGRADES:
Credit Suisse upgrades Wells Fargo (NYSE: WFC) from Neutral to Outperform with a $38 price target

Barclays upgrades Molina Healthcare (NYSE: MOH) from Underweight to Equalweight.

Keefe, Bruyette and Woods upgrades Chimera Investment Corp. (NYSE: CIM) to Outperform on valuation. Price target $3.50.

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

DOWNGRADES:
Barclays downgrades General Motors (NYSE: GM) from Equal-weight to Underweight, saying GM's equity has little value in any of the potential scenarios.

Deutsche Bank downgrades General Motors from Hold to Sell with a $0 price target.

Merrill Lynch downgrades Las Vegas Sands (NYSE: LVS) from Neutral to Underperform.

Deutsche Bank downgrades Canadian Solar (Nasdaq: CSIQ), SunPower (Nasdaq: SPWRA), Energy Conversion Devices (Nasdaq: ENER) and First Solar (Nasdaq: FSLR) from Hold to Buy.

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

NEW COVERAGE:
Citi initiates coverage on Kimberly-Clark (NYSE: KMB) with a Buy. Price target $65.

Goldman Sachs initiates coverage on Tim Hortons (NYSE: THI) with a Sell rating.

Merrill Lynch initiates coverage on IntercontinentalExchange (NYSE: ICE) with a Neutral rating.

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


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Stocks Mentioned

CIM 3.79

-0.02 -0.52%
Volume: 15,474,646
Track CIM

CSIQ 17.15

+0.11 +0.65%
Volume: 725,180
Track CSIQ

ENER 10.60

-0.06 -0.56%
Volume: 1,350,448
Track ENER

FSLR 119.85

-0.05 -0.04%
Volume: 2,032,782
Track FSLR

GM 1.43

+0.00 +0.00%
Volume: 341,588,570
Track GM

ICE 108.13

+0.68 +0.63%
Volume: 912,692
Track ICE

KMB 64.01

-0.25 -0.39%
Volume: 2,562,377
Track KMB

LVS 17.63

+0.66 +3.89%
Volume: 39,810,356
Track LVS

MOH 21.90

+0.42 +1.96%
Volume: 186,744
Track MOH

SPWRA 27.30

+0.11 +0.40%
Volume: 785,309
Track SPWRA

THI 29.63

+0.58 +2.00%
Volume: 670,388
Track THI

WFC 28.80

+0.70 +2.49%
Volume: 40,037,957
Track WFC


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