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 27.53

+13.27 +93.06%
Volume: 443,710
Track AEO

BMY 27.59

+7.35 +36.31%
Volume: 440,849
Track BMY

DHR 25.18

-35.99 -58.84%
Volume: 454,010
Track DHR

EAT 28.74

+10.70 +59.31%
Volume: 442,809
Track EAT

MELI 26.15

-0.50 -1.88%
Volume: 409,705
Track MELI

MGM 25.09

+18.84 +301.44%
Volume: 444,701
Track MGM

MOT 26.35

+19.89 +307.89%
Volume: 430,123
Track MOT

NOK 25.16

+10.39 +70.35%
Volume: 447,201
Track NOK

NOVL 4.48

-0.16 -3.45%
Volume: 3,343,624
Track NOVL

QCOM 44.68

-0.48 -1.06%
Volume: 12,661,325
Track QCOM

RIMM 69.71

-0.25 -0.36%
Volume: 12,766,578
Track RIMM

WYNN 33.41

-1.98 -5.59%
Volume: 2,330,877
Track WYNN


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