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 34.20

-2.09 -5.76%
Volume: 457,616
Track ATHN

COMV 11.83

-0.46 -3.74%
Volume: 235,068
Track COMV

ELX 27.45

+17.63 +179.53%
Volume: 446,889
Track ELX

GNLB 1.29

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

LVLT 1.48

+0.01 +0.68%
Volume: 7,720,352
Track LVLT

MOLX 15.19

-0.64 -4.04%
Volume: 1,036,454
Track MOLX

TJX 25.15

-6.12 -19.57%
Volume: 441,819
Track TJX

TOL 27.49

+10.28 +59.73%
Volume: 445,563
Track TOL

ULTR 4.36

-0.21 -4.60%
Volume: 177,295
Track ULTR


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