Notable Analyst Rating Changes 6/6: PNRA, BTU, CSC Upgraded; BBY, BRP, MVL Downgraded

June 6, 2008 9:53 AM EDT

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
Piper Jaffray upgrades Panera Bread (Nasdaq: PNRA) from Neutral to Buy and raised their price target from $46 to $62.

Merrill Lynch upgrades Peabody Energy (NYSE: BTU) from Neutral to Buy and raises its price target from $78 to $86.

Stifel Nicolaus upgrades Computer Sciences (NYSE: CSC) from Hold to Buy.

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

DOWNGRADES:
Deutsche Bank downgrades Best Buy (NYSE: BBY) from Buy to Hold and lowers their price target from $53 to $49.

Deutsche Bank downgrades Brasil Telecom (NYSE: BRP) from Buy to Hold.

Stifel Nicolaus downgrades Marvel Entertainment (NYSE: MVL) from Buy to Hold, citing current valuation.

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

NEW COVERAGE:
Stifel Nicolaus initiates coverage on Mattel Inc. (NYSE: MAT) with a Buy rating and $26 price target.

JMP Securities initiates coverage on Allscripts (Nasdaq: MDRX) with a Market Perform rating.

Sterne Agee initiates coverage on Foot Locker (NYSE: FL) with a Hold rating.

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

Related Categories

Special Reports

Stocks Mentioned

Related Entities

• Piper Jaffray
• Stifel Nicolaus
• Deutsche Bank
• Merrill Lynch
• Sterne Agee
• JMP Securities

Add Your Comment

Name

Subject

Body

Verification can't see the text?
click here to refresh the image.
what's this?