Notable Analyst Rating Changes 4/25: NOC, WMT, BIDU, KR Upgraded; F, RTN, MMM Downgraded

April 25, 2008 9:20 AM EDT

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
J.P. Morgan and Cowen upgrade Northrop Grumman (NYSE: NOC) to Overweight and Outperform, respectively.

Merrill Lynch upgrades Wal-Mart (NYSE: WMT) from Neutral to Buy.

Citi upgrades Baidu.com (Nasdaq: BIDU) from Hold to Buy. Price target increased from $350 to $415.

Goldman Sachs upgrades Kroger (NYSE: KR) from Neutral to Buy.

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

DOWNGRADES:
J.P. Morgan, Merrill Lynch and Bear Stearns downgrade Ford (NYSE: F) to Neutral, Sell and Underperform, respectively.

J.P. Morgan downgrades Raytheon (NYSE: RTN) from Overweight to Neutral.

Sterne Agee downgrades 3M Corp (NYSE: MMM) from Buy to Hold.

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

NEW COVERAGE:
Lehman Bros. initiates coverage on Home Depot (NYSE: HD) with an Overweight rating.

Lehman Brothers initiates coverage on Circuit City Stores Inc. (NYSE: CC) with an Underweight rating.

Lehman Bros. initiates coverage on Home Depot (NYSE: HD) with an Overweight rating.

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


Related Categories

Special Reports

Stocks Mentioned

BIDU 289.50

-5.57 -1.89%
Volume: 1,457,615
Track BIDU

CC 0.11

+0.00 +0.00%
Volume: 5,602,150
Track CC

F 26.20

+20.29 +343.32%
Volume: 443,236
Track F

HD 26.29

+2.58 +10.88%
Volume: 441,222
Track HD

KR 21.26

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

MMM 26.22

-34.52 -56.83%
Volume: 441,962
Track MMM

NOC 29.94

-16.15 -35.04%
Volume: 445,593
Track NOC

RTN 25.01

-19.88 -44.29%
Volume: 442,648
Track RTN

WMT 26.33

-22.04 -45.57%
Volume: 440,934
Track WMT


Related Entities


Add Your Comment