Notable Analyst Rating Changes 4/23: COH, MHS, KR Upgraded; STLD, EBAY, YHOO Downgraded

April 23, 2008 9:37 AM EDT

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
Citi upgrades Coach Inc (NYSE: COH) from Hold to Buy.

Oppenheimer upgrades Medco Health Solutions (NYSE: MHS) from Perform to Outperform. Price target increased from $57 to $61.

Merrill Lynch upgrades Kroger (NYSE: KR) from Neutral to Buy.

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

DOWNGRADES:
Citi downgrades Steel Dynamics Inc (Nasdaq: STLD) from Buy to Hold.

Stifel Nicolaus downgrades eBay (Nasdaq: EBAY) from Buy to Hold.

Credit Suisse downgrades Yahoo! (Nasdaq: YHOO) from Outperform to Neutral.

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

NEW COVERAGE:
Brean Murray initiates coverage on GigaMedia (Nasdaq: GIGM) with a Buy rating and $22 price target.

J.P. Morgan initiates coverage on Thomson Reuters (NYSE: TRI) with an Overweight.

Morgan Stanley initiates coverage on Excel Maritime (NYSE: EXM) with an Overweight.

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


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Stocks Mentioned

COH 29.98

+2.94 +10.87%
Volume: 450,901
Track COH

EBAY 16.34

-0.44 -2.62%
Volume: 14,151,498
Track EBAY

EXM 26.23

+19.61 +296.22%
Volume: 444,959
Track EXM

GIGM 5.61

-0.16 -2.77%
Volume: 441,740
Track GIGM

KR 21.26

-0.97 -4.36%
Volume: 8,796,202
Track KR

MHS 26.25

-19.58 -42.72%
Volume: 437,190
Track MHS

STLD 14.34

-0.34 -2.32%
Volume: 5,107,418
Track STLD

TRI 25.01

-3.99 -13.76%
Volume: 443,293
Track TRI

YHOO 14.99

-0.42 -2.73%
Volume: 16,920,572
Track YHOO


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