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


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Stocks Mentioned

EAT 13.75

-0.03 -0.22%
Volume: 749,649
Track EAT

ENER 10.15

-0.26 -2.50%
Volume: 725,263
Track ENER

FCN 46.36

-0.21 -0.45%
Volume: 804,848
Track FCN

FNM 0.94

-0.05 -5.05%
Volume: 15,467,045
Track FNM

LDK 7.61

-0.26 -3.30%
Volume: 2,279,722
Track LDK

MHLD 7.20

-0.13 -1.77%
Volume: 171,057
Track MHLD

SPWR 60.75

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

VRSN 22.30

-0.15 -0.67%
Volume: 2,766,218
Track VRSN


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