Notable Analyst Rating Changes 7/28: AMGN, DKS, BBY, PCLN Upgraded; CLX, VSE, MPEL, HAS Downgraded

July 28, 2008 10:01 AM EDT

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
Morgan Stanley upgrades Amgen (Nasdaq: AMGN) from Equal Weight to Overweight.

Goldman Sachs upgrades Dick's Sporting Goods Inc. (NYSE: DKS) from Neutral to Buy.

Banc of America upgrades Best Buy (NYSE: BBY) from Neutral to Buy.

Thomas Weisel upgrades priceline.com (Nasdaq: PCLN) from Marketweight to Overweight. Price target $145.

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

DOWNGRADES:
Goldman Sachs downgrades Clorox Co. (NYSE: CLX) from Neutral to Sell and added the stock to their Conviction Sell List.

Lehman Bros. downgrades VeraSun (NYSE: VSE) from Equalweight to Underweight.

Credit Suisse downgrades Melco Crown Entertainment (Nasdaq: MPEL) from Outperform to Neutral. Price target $7.50.

Needham downgrades Hasbro (NYSE: HAS) from Buy to Hold.

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

NEW COVERAGE:J.P. Morgan initiates coverage on RHI Entertainment (Nasdaq: RHIE) with an Overweight. Cowen & Co. also started the stock, but at Neutral.

Merrill Lynch resumes coverage on MSCI Inc. (NYSE: MXB) with a Neutral.

BofA initiates coverage on Britannia Bulk (NYSE: DWT) with a Buy.

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


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Stocks Mentioned

AMGN 51.47

-1.29 -2.45%
Volume: 7,573,563
Track AMGN

BBY 27.44

-6.56 -19.29%
Volume: 433,614
Track BBY

CLX 27.44

-29.15 -51.51%
Volume: 436,470
Track CLX

DKS 27.56

+10.51 +61.64%
Volume: 442,399
Track DKS

DWT 0.01

+0.00 +0.00%
Volume: 100
Track DWT

HAS 25.05

+0.42 +1.71%
Volume: 441,471
Track HAS

MPEL 4.55

-0.12 -2.57%
Volume: 10,750,918
Track MPEL

MXB 27.54

+3.47 +14.42%
Volume: 430,680
Track MXB

PCLN 110.07

-2.55 -2.26%
Volume: 558,537
Track PCLN

RHIE 3.06

-0.08 -2.55%
Volume: 47,688
Track RHIE

VSE 0.28

+0.00 +0.00%
Volume: 925,966
Track VSE


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