Notable Analyst Rating Changes 4/10: INTC, HAL, WLK Upgraded; PTR, VMED, MCK Downgraded

April 10, 2008 9:48 AM EDT

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
Banc of America upgraded Semiconductors from Market Weight to Overweight. The firm upgraded Analog Devices (NYSE: ADI), Intel (Nasdaq: INTC), Power Integrations (Nasdaq: POWI), Semtech (Nasdaq: SMTC) from Neutral to Buy.

Goldman Sachs upgrades Halliburton Company (NYSE: HAL) from Neutral to Buy, citing valuation and expected revenue growth.

Morgan Stanley upgrades Westlake Chemical (NYSE: WLK) from Equal Weight to Overweight.

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

DOWNGRADES:
Citigroup downgrades PetroChina (NYSE: PTR) from Hold to Sell, saying an earnings disappointment is coming.

Jefferies downgrades Virgin Media (Nasdaq: VMED) from Buy to Hold and cuts their price target to $16.

Citigroup downgrades McKesson (NYSE: MCK) and Cardinal Health (NYSE: CAH) and Amerisourcebergen (NYSE: ABC) from Buy to Hold, the firm is also cutting revenue and earnings estimates.

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

NEW COVERAGE:
Lazard Capital initiates coverage on Intuitive Surgical (Nasdaq: ISRG) with a Buy rating and $420 price target.

Stifel Nicolaus initiates coverage on Great Wolf (Nasdaq: WOLF) with a Hold rating.

Keefe Bruyette & Woods initiates coverage on American Campus Communities (NYSE: ACC) with an Outperform rating and a $31 price target.

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


Related Categories

Special Reports

Stocks Mentioned

ABC 26.25

+8.01 +43.91%
Volume: 437,066
Track ABC

ACC 25.12

+2.73 +12.19%
Volume: 439,016
Track ACC

ADI 25.09

+0.23 +0.93%
Volume: 454,351
Track ADI

CAH 27.40

-3.25 -10.60%
Volume: 445,124
Track CAH

HAL 27.40

+6.70 +32.37%
Volume: 444,353
Track HAL

INTC 16.72

-0.32 -1.88%
Volume: 54,945,439
Track INTC

ISRG 158.71

-4.39 -2.69%
Volume: 627,278
Track ISRG

MCK 29.80

-14.23 -32.32%
Volume: 433,810
Track MCK

POWI 23.73

-0.48 -1.98%
Volume: 259,431
Track POWI

PTR 28.73

-83.94 -74.50%
Volume: 437,978
Track PTR

SMTC 15.93

-0.25 -1.55%
Volume: 613,316
Track SMTC

VMED 9.18

-0.38 -3.97%
Volume: 2,416,690
Track VMED

WLK 26.32

+5.13 +24.21%
Volume: 443,011
Track WLK

WOLF 2.10

-0.09 -4.11%
Volume: 104,632
Track WOLF


Related Entities


Add Your Comment