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 56.85

+0.30 +0.53%
Volume: 5,108,165
Track AMGN

BBY 43.79

+0.25 +0.57%
Volume: 5,046,902
Track BBY

CLX 61.40

+0.27 +0.44%
Volume: 1,520,429
Track CLX

DKS 21.92

+1.16 +5.59%
Volume: 3,494,198
Track DKS

DWT 0.01

+0.00 +0.00%
Volume: 100
Track DWT

HAS 30.18

+0.09 +0.30%
Volume: 1,512,475
Track HAS

MPEL 4.27

-0.14 -3.17%
Volume: 5,612,738
Track MPEL

MXB 32.28

+0.19 +0.59%
Volume: 949,315
Track MXB

PCLN 220.72

+0.71 +0.32%
Volume: 1,408,264
Track PCLN

RHIE 0.65

+0.00 +0.00%
Volume: 143,458
Track RHIE

VSE 0.28

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


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