Notable Analyst Rating Changes 8/13: MOLX, ULTR, GNLB Upgraded; LVLT, TJX, COMV Downgraded

August 13, 2008 9:57 AM EDT

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
Credit Suisse upgrades Molex (Nasdaq: MOLX) from Underperform to Neutral with a $26 price target.

UBS upgrades Ultrapertol (Nasdaq: ULTR) from Neutral to Buy. Price target $15.50.

Susquehanna upgrades Genelabs Technologies (NASDAQ: GNLB) to Positive with a $1 price target.

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

DOWNGRADES:
Oppenheimer downgrades Level 3 Communications (Nasdaq: LVLT) from Perform to Underperform, citing economic headlines.

Lazard Capital downgrades TJX Companies (NYSE: TJX) from Buy to Hold.

Goldman Sachs downgrades Comverge, Inc. (Nasdaq: COMV) from Buy to Neutral and cuts its price target to $7.50.

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

NEW COVERAGE:
Goldman Sachs upgrades Emulex (NYSE: ELX) from Neutral to Buy with a $16.50 price target.

Citi initiates coverage on Toll Bros. (NYSE: TOL) with a Buy. Price target $27.

Thomas Weisel initiates coverage on athenahealth (Nasdaq: ATHN) with an Overweight rating and $40 price target.

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


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Stocks Mentioned

ATHN 65.49

+1.70 +2.66%
Volume: 257,667
Track ATHN

COMV 1.40

-0.04 -2.78%
Volume: 121,620
Track COMV

ELX 10.82

+0.06 +0.56%
Volume: 772,198
Track ELX

GNLB 1.29

+0.00 +0.00%
Volume: 34,792
Track GNLB

LVLT 21.16

+0.01 +0.05%
Volume: 1,143,479
Track LVLT

MOLX 27.41

+0.11 +0.40%
Volume: 399,284
Track MOLX

TJX 34.41

+0.05 +0.15%
Volume: 2,378,510
Track TJX

TOL 23.97

+0.66 +2.83%
Volume: 2,400,666
Track TOL

ULTR 2.99

+0.11 +3.82%
Volume: 26,184
Track ULTR


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