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 4.04

+0.01 +0.25%
Volume: 1,638,886
Track CIM

CSIQ 23.80

+0.85 +3.70%
Volume: 999,025
Track CSIQ

ENER 10.57

+0.32 +3.12%
Volume: 1,451,265
Track ENER

FSLR 127.46

+5.75 +4.72%
Volume: 1,996,884
Track FSLR

GM 1.43

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

ICE 106.75

+0.13 +0.12%
Volume: 351,880
Track ICE

KMB 66.38

-0.41 -0.61%
Volume: 739,749
Track KMB

LVS 16.52

+0.40 +2.48%
Volume: 9,924,355
Track LVS

MOH 20.52

-0.40 -1.91%
Volume: 70,894
Track MOH

SPWRA 21.59

+0.06 +0.28%
Volume: 764,651
Track SPWRA

THI 29.04

-0.19 -0.65%
Volume: 287,711
Track THI

WFC 27.42

-0.03 -0.11%
Volume: 32,293,351
Track WFC


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