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 20.03

-0.40 -1.96%
Volume: 6,343,419
Track ACI

AER 8.88

+0.13 +1.49%
Volume: 326,274
Track AER

CRM 65.95

+1.26 +1.95%
Volume: 1,462,495
Track CRM

HAS 30.18

+0.09 +0.30%
Volume: 1,512,475
Track HAS

MAT 19.89

+0.22 +1.12%
Volume: 3,414,734
Track MAT

MEE 36.21

-0.96 -2.58%
Volume: 4,668,185
Track MEE

PCU 33.61

-1.55 -4.41%
Volume: 6,197,392
Track PCU

SNPS 21.02

-0.10 -0.47%
Volume: 2,205,017
Track SNPS

TK 24.65

-0.35 -1.40%
Volume: 408,215
Track TK

WCG 34.39

+0.58 +1.72%
Volume: 1,023,184
Track WCG


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