Notable Analyst Rating Changes 3/31: EQ, IRM, ABX Upgraded; SGP, VOD, GU Downgraded

March 31, 2008 10:26 AM EDT

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
Goldman Sachs upgrades Embarq (NYSE: EQ) from Sell to Neutral.

Merrill Lynch upgrades Iron Mountain (NYSE: IRM) from Neutral to Buy.

TD Newcrest upgrades Barrick Gold Corp. (NYSE: ABX) from Hold to Buy with a $57 price target, citing valuation. The firm is citing the recent 10% pullback in gold and 28% return potential to their price target.

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

DOWNGRADES:
Lehman Brothers and Goldman Sachs downgrade Schering-Plough (NYSE: SGP) to Equalweight and Neutral, respectively. Lehman lowered its price target from $35 to $20.

Morgan Stanley downgrades Vodafone (NYSE: VOD) from Overweight to Underweight.

Piper Jaffray downgrades Gushan Environmental Energy (NYSE: GU) from Buy to Neutral but raises its price target from $13.50 to $14, citing valuation.

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

NEW COVERAGE:
UBS initiates coverage on Millennium Pharmaceuticals (Nasdaq: MLNM) with a Neutral.

Keefe Bruyette & Woods initiates coverage on GFI Group (Nasdaq: GFIG) with a Market Perform rating and an $18.50 price target.

Credit Suisse initiates coverage on Ryanair Holdings plc (Nasdaq: RYAAY) with a Neutral rating.

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

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• Credit Suisse
• Piper Jaffray
• Keefe, Bruyette & Woods
• UBS
• Goldman Sachs
• Morgan Stanley
• Merrill Lynch
• Lehman Brothers

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