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 13.86

-0.53 -3.68%
Volume: 15,659,454
Track ACI

AER 12.44

-0.02 -0.16%
Volume: 172,043
Track AER

CRM 132.23

+3.79 +2.95%
Volume: 4,447,393
Track CRM

HAS 36.70

-0.14 -0.38%
Volume: 2,360,188
Track HAS

MAT 32.40

+0.23 +0.71%
Volume: 7,738,153
Track MAT

MEE 65.14

+0.00 +0.00%
Volume: 400
Track MEE

PCU 30.38

-1.00 -3.19%
Volume: 863,164
Track PCU

SNPS 30.13

+0.07 +0.23%
Volume: 630,815
Track SNPS

TK 26.61

+0.28 +1.06%
Volume: 531,674
Track TK

WCG 63.24

+2.41 +3.96%
Volume: 518,607
Track WCG


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