Notable Analyst Rating Changes 4/9: ZZ, GTI, CNQ Upgraded; CRM, COCO, NKTR, MNKD Downgraded

April 9, 2008 10:01 AM EDT

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
Morgan Keegan upgrades Sealy Corp. (NYSE: ZZ) from Market Perform to Outperform.

Oppenheimer upgrades GrafTech International (NYSE: GTI) from Perform to Outperform, citing strong earnings and growth outlook. Price target $24.

Lehman Bros. upgrades Canadian Natural (NYSE: CNQ) from Equalweight to Overweight.

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

DOWNGRADES:
Bernstein downgrades Salesforce.com (NYSE: CRM) from Outperform to Market Perform.

Piper Jaffray downgrades Corinthian Colleges (Nasdaq: COCO) from Buy to Neutral and lowers its price target from $13 to $8.50.

Merrill Lynch downgrades Nektar (Nasdaq: NKTR) to Neutral and MannKind (Nasdaq: MNKD) to Sell, following Pfizer's (NYSE: PFE) cancer warning on inhaled insulin.

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

NEW COVERAGE:
HSBC initiates coverage on Vale (NYSE: RIO) with a Neutral. Price target $43.50.

Susquehanna initiates coverage on Deckers Outdoor (Nasdaq: DECK) with a Positive rating.

Wedbush Morgan initiates coverage on Intel (Nasdaq: INTC) with a Buy rating and $25 price target.

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


Related Categories

Special Reports

Stocks Mentioned

CNQ 67.17

+0.65 +0.98%
Volume: 631,303
Track CNQ

COCO 13.83

-0.40 -2.81%
Volume: 862,689
Track COCO

CRM 66.09

+1.40 +2.16%
Volume: 222,800
Track CRM

DECK 97.96

+1.95 +2.03%
Volume: 29,575
Track DECK

GTI 16.21

+0.44 +2.79%
Volume: 309,374
Track GTI

INTC 20.45

+0.58 +2.92%
Volume: 23,109,077
Track INTC

MNKD 7.31

+0.05 +0.69%
Volume: 174,837
Track MNKD

NKTR 9.84

+0.23 +2.39%
Volume: 138,026
Track NKTR

PFE 18.77

+0.13 +0.70%
Volume: 10,474,292
Track PFE

RIO 18.32

+0.00 +0.00%
Volume: 85,700
Track RIO

ZZ 2.87

+0.09 +3.24%
Volume: 56,498
Track ZZ


Related Entities


Add Your Comment