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 28.74

+10.70 +59.31%
Volume: 442,809
Track EAT

ENER 15.06

+0.74 +5.17%
Volume: 3,746,628
Track ENER

FCN 29.85

-22.90 -43.41%
Volume: 442,191
Track FCN

FNM 28.63

+28.04 +4,752.54%
Volume: 434,810
Track FNM

LDK 10.91

-0.34 -3.02%
Volume: 2,670,825
Track LDK

MHLD 7.20

+0.13 +1.84%
Volume: 1,003,757
Track MHLD

SPWR 60.75

+0.00 +0.00%
Volume: 3,741,039
Track SPWR

VRSN 18.05

-0.46 -2.49%
Volume: 3,777,150
Track VRSN


Related Entities


Add Your Comment