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


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Stocks Mentioned

ABC 24.14

-0.20 -0.82%
Volume: 878,041
Track ABC

ACC 26.94

+0.20 +0.75%
Volume: 323,870
Track ACC

ADI 27.68

-0.03 -0.11%
Volume: 2,101,619
Track ADI

CAH 30.41

+0.10 +0.33%
Volume: 2,297,653
Track CAH

HAL 31.16

-0.31 -0.99%
Volume: 6,876,411
Track HAL

INTC 19.76

+0.26 +1.33%
Volume: 40,817,984
Track INTC

ISRG 271.03

+4.43 +1.66%
Volume: 499,731
Track ISRG

MCK 63.52

-0.75 -1.17%
Volume: 916,674
Track MCK

POWI 32.68

+0.10 +0.31%
Volume: 71,764
Track POWI

PTR 130.42

-1.88 -1.42%
Volume: 249,212
Track PTR

SMTC 16.03

+0.13 +0.82%
Volume: 236,082
Track SMTC

VMED 16.05

+0.08 +0.50%
Volume: 3,351,759
Track VMED

WLK 26.52

+0.00 +0.00%
Volume: 26,900
Track WLK

WOLF 2.90

-0.08 -2.68%
Volume: 24,426
Track WOLF


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