Notable Analyst Rating Changes 3/3: DWA, BBD, ARO Upgraded; UBS, CS, DHI, CTX, GENZ Downgraded

March 3, 2009 10:10 AM EST

UPGRADES:
Piper Jaffray & Co. upgrades DreamWorks Animation (NYSE: DWA) from Neutral to Buy and raised its price target from $32 to $34, citing strong expectations for the company's 3-D film slate and valuation. Click here for the full report.

UBS upgrades Banco Bradesco SA (NYSE: BBD) from Neutral to Buy.

Brean Murray upgrades Aeropostale (NYSE: ARO) from Hold to Buy. Price target $27. Here is more color on the upgrade.

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

DOWNGRADES:
Sanford Bernstein downgrades UBS (NYSE: UBS) and Credit Suisse (NYSE: CS) to Underperform.

Credit Suisse downgrades D.R. Horton (NYSE: DHI) to Underperform and Centex (NYSE: CTX) to Neutral.

Citi downgrades Genzyme Corp (Nasdaq: GENZ) from Buy to Hold. Price target lowered from $81 to $61. Click here for more color on the downgrade.

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

NEW COVERAGE:
Collins Stewart initiates coverage on United Therapeutics (Nasdaq: UTHR) with a Buy. Price target $97. Here is color on the coverage.

SunTrust initiates coverage on Papa John’s (Nasdaq: PZZA) with a Buy. Price target $28.

Benchmark Capital initiates coverage on CBS Corp (NYSE: CBS) with a Hold. Here's the full report.

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

Related Categories

Special Reports

Stocks Mentioned

Related Entities

• Credit Suisse
• Piper Jaffray
• Brean Murray Carret & Co.
• UBS
• Citi
• Sanford C. Bernstein
• Collins Stewart
• Benchmark Capital
• Notable Analyst Rating Changes

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