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 23.17

-0.15 -0.64%
Volume: 3,171,546
Track ACI

AER 9.14

-0.11 -1.19%
Volume: 213,743
Track AER

CRM 63.67

+0.18 +0.28%
Volume: 1,586,987
Track CRM

HAS 28.81

+0.06 +0.21%
Volume: 2,010,731
Track HAS

MAT 20.47

+0.14 +0.69%
Volume: 5,365,821
Track MAT

MEE 35.15

+1.10 +3.23%
Volume: 5,369,872
Track MEE

PCU 34.74

+0.10 +0.29%
Volume: 1,914,185
Track PCU

SNPS 23.50

-0.02 -0.09%
Volume: 1,179,260
Track SNPS

TK 21.74

-0.08 -0.37%
Volume: 1,062,281
Track TK

WCG 32.70

+1.31 +4.17%
Volume: 1,201,873
Track WCG


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