Notable Analyst Rating Changes 6/27: EAT, NOVL, DHR, BMY Upgraded; WYNN, MGM, AEO, NOK Downgraded

June 27, 2008 9:43 AM EDT

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
Goldman Sachs upgrades Brinker International Inc. (NYSE: EAT) from Sell to Neutral.

Jefferies & Co upgrades Novell (Nasdaq: NOVL) from Hold to Buy, citing positive outlook. Price target $7.50.

Janney Montgomery Scott upgrades Danaher (NYSE: DHR) from Neutral to Buy. Price target $90.

Bernstein upgrades Bristol-Myers (NYSE: BMY) from Market Perform to Outperform.

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

DOWNGRADES:
KeyBanc downgrades Wynn Resorts, Limited (Nasdaq: WYNN) from Hold to Underweight, with a downside price target of $70. The firm also downgraded MGM MIRAGE (NYSE: MGM) from Buy to Hold.

Lazard downgrades American Eagle Outfitters (NYSE: AEO) from Buy to Hold.

Credit Suisse downgrades Nokia (NYSE: NOK) from Outperform to Neutral and lowered their price target from EUR 30 to EUR 18.50.

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

NEW COVERAGE:
Credit Suisse initiates coverage on Research In Motion (Nasdaq: RIMM) with an Underperform. Price target $100.

Credit Suisse initiates coverage on QUALCOMM (Nasdaq: QCOM) with an Outperform. Price target $60.

Credit Suisse initiates coverage on Motorola (NYSE: MOT) with an Underperform rating.

Stifel Nicolaus initiates coverage on MercadoLibre (Nasdaq: MELI) with a Buy rating.

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


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Stocks Mentioned

AEO 16.25

+0.00 +0.00%
Volume: 4,108,071
Track AEO

BMY 23.34

+0.00 +0.00%
Volume: 11,002,295
Track BMY

DHR 72.69

+0.00 +0.00%
Volume: 1,463,997
Track DHR

EAT 13.65

+0.00 +0.00%
Volume: 2,551,565
Track EAT

MELI 44.18

+0.00 +0.00%
Volume: 1,092,197
Track MELI

MGM 10.40

+0.00 +0.00%
Volume: 24,123,760
Track MGM

MOT 8.85

+0.00 +0.00%
Volume: 47,548,317
Track MOT

NOK 13.45

+0.00 +0.00%
Volume: 26,695,021
Track NOK

NOVL 4.15

+0.00 +0.00%
Volume: 2,940,001
Track NOVL

QCOM 44.35

+0.00 +0.00%
Volume: 12,514,663
Track QCOM

RIMM 63.67

+0.00 +0.00%
Volume: 7,900
Track RIMM

WYNN 64.09

+0.00 +0.00%
Volume: 245
Track WYNN


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