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 3.81

+0.00 +0.00%
Volume: 1,945,765
Track CIM

CSIQ 17.16

+0.12 +0.70%
Volume: 59,609
Track CSIQ

ENER 10.67

+0.01 +0.09%
Volume: 157,084
Track ENER

FSLR 120.12

+0.22 +0.18%
Volume: 370,057
Track FSLR

GM 1.43

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

ICE 108.84

+1.39 +1.29%
Volume: 220,053
Track ICE

KMB 64.28

+0.02 +0.03%
Volume: 287,493
Track KMB

LVS 17.66

+0.69 +4.07%
Volume: 9,291,197
Track LVS

MOH 21.47

-0.01 -0.05%
Volume: 15,381
Track MOH

SPWRA 27.35

+0.16 +0.59%
Volume: 158,024
Track SPWRA

THI 29.46

+0.41 +1.41%
Volume: 52,107
Track THI

WFC 28.77

+0.67 +2.38%
Volume: 5,873,448
Track WFC


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