Notable Analyst Rating Changes 8/11: FCN, VRSN, ENER Upgraded; FNM, EAT, SPWR Downgraded

August 11, 2008 9:57 AM EDT

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
Merrill Lynch upgrades FTI Consulting (NYSE: FCN) from Underperform to Buy. Price target $85.

Wedbush Morgan and Jefferies upgrade VeriSign (Nasdaq: VRSN) to Buy.

UBS upgrades Energy Conversion Devices (Nasdaq: ENER) from Neutral to Buy.

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

DOWNGRADES:
Keefe, Bruyette and Woods downgrades Fannie Mae (NYSE: FNM) from Outperform to Market Perform and lowers their price target from $48 to $10, saying equity holders appear left with little.

Goldman Sachs downgrades Brinker International Inc. (NYSE: EAT) from Neutral to Sell.

UBS downgrades SunPower (Nasdaq: SPWR) from Buy to Neutral.

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

NEW COVERAGE:
Keefe, Bruyette, and Woods initiates coverage on Maiden Holdings (NASDAQ: MHLD) with an Outperform rating and a $9 price target.

ThinkPanmure initiates coverage on LDK Solar (NYSE: LDK) with a Buy rating and $50 price target.

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


Related Categories

Special Reports

Stocks Mentioned

EAT 26.99

-0.16 -0.59%
Volume: 1,524,557
Track EAT

ENER 1.46

+0.11 +8.15%
Volume: 5,101,302
Track ENER

FCN 42.40

+0.04 +0.09%
Volume: 184,119
Track FCN

FNM 0.25

+0.00 +0.00%
Volume: 5,243,486
Track FNM

LDK 6.32

-0.02 -0.32%
Volume: 1,096,976
Track LDK

MHLD 9.58

+0.43 +4.70%
Volume: 180,324
Track MHLD

SPWR 7.83

-0.20 -2.49%
Volume: 828,688
Track SPWR

VRSN 36.96

+0.35 +0.96%
Volume: 1,263,676
Track VRSN


Related Entities


Add Your Comment





Follow StreetInsider.com On Twitter