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 24.58

+0.00 +0.00%
Volume: 2,598,581
Track ABC

ACC 26.84

+0.00 +0.00%
Volume: 597,245
Track ACC

ADI 30.66

+0.00 +0.00%
Volume: 750
Track ADI

CAH 32.27

+0.00 +0.00%
Volume: 3,598,293
Track CAH

HAL 28.06

+0.00 +0.00%
Volume: 1,000
Track HAL

INTC 19.87

+0.00 +0.00%
Volume: 130,957
Track INTC

ISRG 288.66

+0.00 +0.00%
Volume: 1,100
Track ISRG

MCK 60.99

+0.00 +0.00%
Volume: 2,464,658
Track MCK

POWI 34.86

+0.00 +0.00%
Volume: 134,384
Track POWI

PTR 126.78

+0.00 +0.00%
Volume: 500
Track PTR

SMTC 16.42

+0.00 +0.00%
Volume: 295,950
Track SMTC

VMED 16.67

+0.00 +0.00%
Volume: 8,548,122
Track VMED

WLK 25.67

+0.00 +0.00%
Volume: 108,060
Track WLK

WOLF 2.46

+0.00 +0.00%
Volume: 37,407
Track WOLF


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