Notable Analyst Rating Changes 6/18: IP, BWA, MWA Upgraded; WBMD, UFS, MEOH Downgraded

June 18, 2008 9:58 AM EDT

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
Goldman Sachs upgrades International Paper Co. (NYSE: IP) from Neutral to Buy.

Lehman Bros. upgrades BorgWarner (NYSE: BWA) from Equalweight to Overweight. Price target increased from $47 to $60.

Robert W. Baird upgrades Mueller Water (NYSE: MWA) from Neutral to Outperform and raises their price target to $12, citing confidence of a cyclical trough in earnings, and will be able to offset the impact of rising input costs.

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

DOWNGRADES:
Goldman Sachs downgrades WebMD (Nasdaq: WBMD) from Neutral to Sell.

Goldman Sachs downgrades Domtar (NYSE: UFS) from Buy to Neutral.

UBS downgrades Methanex Corp. (Nasdaq: MEOH) from Buy to Neutral but raises its price target from $28.50 to $34.

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

NEW COVERAGE:
Stanford Group initiates coverage on First Solar (Nasdaq: FSLR) with a Hold, citing positive revenue upside potential.

Stanford Group initiates coverage on SunPower (Nasdaq: SPWR) with a Buy. Price target $110.

UBS and Wachovia start Western Gas Partners (WES) at Buy and Outperform, respectively.

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


Related Categories

Special Reports

Stocks Mentioned

BWA 28.77

-5.63 -16.37%
Volume: 441,348
Track BWA

FSLR 154.20

-1.09 -0.70%
Volume: 3,340,531
Track FSLR

IP 14.84

-0.46 -3.01%
Volume: 6,372,515
Track IP

MEOH 12.25

-0.29 -2.31%
Volume: 272,639
Track MEOH

MWA 29.79

+26.19 +727.50%
Volume: 440,324
Track MWA

SPWR 60.75

+0.00 +0.00%
Volume: 3,741,039
Track SPWR

UFS 27.41

+10.90 +66.02%
Volume: 437,633
Track UFS

WBMD 29.70

-0.19 -0.64%
Volume: 50,106
Track WBMD


Related Entities


Add Your Comment