Notable Analyst Rating Changes 6/3: EBAY, CMA, TLB, AAI, CBS Upgraded; AET, AMSC, KGC, LFL Downgraded

June 3, 2009 9:52 AM EDT

UPGRADES:
Collins Stewart upgrades eBay (Nasdaq: EBAY) to Buy. Price target $23. Click here for the full report.

JP Morgan upgrades Comerica (NYSE: CMA) from Neutral to Overweight.

Lazard Capital upgrades The Talbots Inc. (NYSE: TLB) from Hold to Buy.

Bank of America upgrades AirTran (NYSE: AAI) from Undperform to Buy and boosted their price target from $4 to $9 per share. Click here for more color.

Sanford C. Bernstein upgrades CBS Corp (NYSE: CBS) from Underperform to Market Perform.

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

DOWNGRADES:
Credit Suisse and Wachovia downgrade Aetna (NYSE: AET) to Underperform and Market Perform, respectively. Click here for color on the Wachovia call.

Morgan Stanley downgrades American Superconductor (Nasdaq: AMSC) from Equalweight to Underweight.

J.P. Morgan dowgrades Kinross Gold (NYSE: KGC) from Overweight to Neutral.

Bank of America downgrades Lan Airlines (NYSE: LFL) from Buy to Underperform.

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

NEW COVERAGE:
Thomas Weisel initiates Hanesbrands (NYSE: HBI) with an Overweight rating and $23 price target.

Ladenburg Thalmann initiates coverage on Novell (Nasdaq: NOVL) with a Buy rating.

Ladenburg Thalmann initiates coverage on Double-Take Software (Nasdaq: DBTK) with a Sell rating.

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


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Stocks Mentioned

AAI 5.16

+0.28 +5.74%
Volume: 7,731,159
Track AAI

AET 28.98

+0.33 +1.15%
Volume: 6,255,391
Track AET

AMSC 34.48

+0.25 +0.73%
Volume: 578,929
Track AMSC

CBS 13.46

+0.69 +5.40%
Volume: 13,190,815
Track CBS

CMA 28.28

+0.62 +2.24%
Volume: 1,549,093
Track CMA

DBTK 9.40

+0.39 +4.33%
Volume: 141,510
Track DBTK

EBAY 23.67

+0.07 +0.30%
Volume: 12,865,942
Track EBAY

HBI 23.97

+0.12 +0.50%
Volume: 507,847
Track HBI

KGC 20.47

-1.02 -4.75%
Volume: 12,090,151
Track KGC

LFL 16.05

+0.15 +0.94%
Volume: 378,938
Track LFL

NOVL 4.06

+0.02 +0.50%
Volume: 7,734,514
Track NOVL

TLB 7.20

+0.58 +8.76%
Volume: 1,513,794
Track TLB


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