Notable Analyst Rating Changes 8/21: PCU, MEE, ACI, TK Upgraded; CRM, AER, SNPS Downgraded

August 21, 2008 10:28 AM EDT

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
Merrill Lynch upgrades Southern Copper (NYSE: PCU) from Underperform to Neutral.

UBS upgrades Massey Energy (NYSE: MEE) from Neutral to Buy.

UBS upgrades Arch Coal (NYSE: ACI) from Neutral to Buy.

Credit Suisse upgrades Teekay (NYSE: TK) from Neutral to Outperform.

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

DOWNGRADES:
Piper Jaffray downgrades salesforce.com (NYSE: CRM) from Buy to Neutral.

Citi downgrades AerCap Holdings (NYSE: AER) from Buy to Hold.

Citi downgrades Synopsys Inc (Nasdaq: SNPS) from Buy to Sell.

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

NEW COVERAGE:
UBS initiates coverage on Mattel (NYSE: MAT) with a Neutral rating.

UBS initiates coverage on Hasbro (NYSE: HAS) with a Neutral rating.

Bank of America initiates coverage on WellCare (NYSE: WCG) with a Buy.

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


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Stocks Mentioned

ACI 27.51

+12.28 +80.63%
Volume: 441,946
Track ACI

AER 27.46

+20.38 +287.85%
Volume: 437,879
Track AER

CRM 29.82

-9.09 -23.36%
Volume: 436,244
Track CRM

HAS 25.05

+0.42 +1.71%
Volume: 441,471
Track HAS

MAT 29.88

+13.52 +82.64%
Volume: 440,623
Track MAT

MEE 26.33

+7.41 +39.16%
Volume: 441,108
Track MEE

PCU 26.32

+5.94 +29.15%
Volume: 452,407
Track PCU

SNPS 19.04

-0.62 -3.15%
Volume: 2,276,790
Track SNPS

TK 25.15

+3.99 +18.86%
Volume: 439,197
Track TK

WCG 26.21

+7.58 +40.69%
Volume: 441,184
Track WCG


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