Notable Analyst Rating Changes 4/21: SLB, CTXS, EQ Upgraded; CAT, WFC, GME Downgraded

April 21, 2008 9:53 AM EDT

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
Morgan Stanley upgrades Schlumberger (NYSE: SLB) from Equalweight to Overweight. Price target increased from $125 to $135.

Needham & Co upgrades Citrix Systems (Nasdaq: CTXS) from Hold to Buy. Price target $40.

Wachovia Securities upgrades Embarq (NYSE: EQ) from Market Perform to Outperform.

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

DOWNGRADES:
Wachovia Securities downgrades Caterpillar (NYSE: CAT) from Outperform to Market Perform.

Oppenheimer downgrades Wells Fargo (NYSE: WFC) from Perform to Underperform, saying company may be under-reserved by $4.5 billion.

Goldman Sachs downgrades GameStop Corp. (NYSE: GME) from Neutral to Sell with a $50 price target.

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

NEW COVERAGE:
UBS initiates coverage on Thomson Reuters (NYSE: TRI) with a Neutral.

BWS Financial initiates coverage on Abercrombie & Fitch (NYSE: ANF) with a Sell.

Goldman Sachs initiates coverage on Sherwin-Williams Co. (NYSE: SHW) with a Neutral rating.

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


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Stocks Mentioned

ANF 37.59

+0.06 +0.16%
Volume: 3,343,999
Track ANF

CAT 60.06

+0.10 +0.17%
Volume: 7,496,636
Track CAT

CTXS 39.19

+0.19 +0.49%
Volume: 1,076,190
Track CTXS

EQ 42.06

+0.00 +0.00%
Volume: 3,905,280
Track EQ

GME 24.43

-0.75 -2.98%
Volume: 6,223,479
Track GME

SHW 60.07

+0.49 +0.82%
Volume: 955,520
Track SHW

SLB 66.14

+0.76 +1.16%
Volume: 6,893,026
Track SLB

TRI 32.19

-0.25 -0.77%
Volume: 540,828
Track TRI

WFC 28.80

+0.70 +2.49%
Volume: 40,087,195
Track WFC


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