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


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Stocks Mentioned

BWA 32.70

+0.03 +0.09%
Volume: 1,067,084
Track BWA

FSLR 119.85

-0.05 -0.04%
Volume: 2,032,882
Track FSLR

IP 24.97

+0.06 +0.24%
Volume: 4,073,622
Track IP

MEOH 18.36

-0.03 -0.16%
Volume: 142,664
Track MEOH

MWA 4.72

-0.12 -2.48%
Volume: 2,040,633
Track MWA

SPWR 60.75

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

UFS 51.34

+0.80 +1.58%
Volume: 1,203,667
Track UFS

WBMD 36.33

+0.25 +0.69%
Volume: 251,607
Track WBMD


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