Notable Analyst Rating Changes 1/12: CFR, PALM, PFE Upgraded; AA, HOG, MDAS, BNI Downgraded

January 12, 2009 10:13 AM EST

UPGRADES:
Barclays upgrades Cullen/Frost (NYSE: CFR) from Equalweight to Overweight.

Citi upgrades Palm Inc. (Nasdaq: PALM) from Sell to Hold. Price target $6.50.

Goldman Sachs upgrades Pfizer Inc. (NYSE: PFE) from Sell to Neutral.

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

DOWNGRADES:
Ahead of tonight's earnings release, Deutsche Bank downgraded Alcoa (NYSE: AA) from Hold to Sell and cut its price target from $10 to $8. Click here to see the full report.

Goldman Sachs downgrades Harley-Davidson (NYSE: HOG) from Neutral to Sell and adds the stock to their Conviction Sell List.

Barclays downgrades MedAssets (Nasdaq: MDAS) from Overweight to Equal Weight.

Morgan Stanley downgrades Burlington Northern Santa Fe Corp. (NYSE: BNI) from Equal Weight to Underweight.

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

NEW COVERAGE:
Capital One Southcoast initiates coverage on Petrohawk Energy (NYSE: HK) with an Add rating. Price target $28.

Capital One Southcoast initiates coverage on Stone Energy (NYSE: SGY) with an Add rating. Price target $17.

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


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Stocks Mentioned

AA 10.32

+0.03 +0.29%
Volume: 16,278,861
Track AA

BNI 100.21

+0.00 +0.00%
Volume: 100
Track BNI

CFR 56.57

+0.08 +0.14%
Volume: 248,440
Track CFR

HK 38.76

+0.00 +0.00%
Volume: 21,599
Track HK

HOG 46.55

+0.46 +1.00%
Volume: 911,456
Track HOG

MDAS 11.88

-0.04 -0.34%
Volume: 366,982
Track MDAS

PALM 5.69

+0.00 +0.00%
Volume: 931,932
Track PALM

PFE 21.36

+0.31 +1.47%
Volume: 23,174,003
Track PFE

SGY 33.84

+0.79 +2.39%
Volume: 440,703
Track SGY


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