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 27.42

+23.93 +685.67%
Volume: 447,599
Track CIM

CSIQ 12.02

-0.39 -3.14%
Volume: 964,689
Track CSIQ

ENER 15.06

+0.74 +5.17%
Volume: 3,746,628
Track ENER

FSLR 154.20

-1.09 -0.70%
Volume: 3,340,531
Track FSLR

GM 1.43

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

ICE 109.14

-2.58 -2.31%
Volume: 1,544,887
Track ICE

KMB 52.93

-0.86 -1.60%
Volume: 2,655,106
Track KMB

LVS 7.36

-0.34 -4.42%
Volume: 11,378,663
Track LVS

MOH 29.89

+5.22 +21.16%
Volume: 441,250
Track MOH

SPWRA 26.23

-0.83 -3.07%
Volume: 2,096,507
Track SPWRA

THI 27.50

+2.52 +10.09%
Volume: 437,623
Track THI

WFC 29.98

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


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