Notable Analyst Rating Changes 8/27: MKC, WBD, OKE Upgraded; AMLN, BKUNA, JCG, AXL Downgraded

August 27, 2008 9:47 AM EDT

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
Banc of America upgrades McCormick & Co. Inc. (NYSE: MKC) from Sell to Neutral.

UBS upgrades Wimm-Bill-Dann Foods (NYSE: WBD) from Neutral to Buy.

Lehman Bros. upgrades ONEOK (NYSE: OKE) from Equalweight to Overweight.

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

DOWNGRADES:
Robert W. Baird downgrades Amylin Pharmaceuticals, Inc. (Nasdaq: AMLN) from Buy to Neutral, saying the latest Byetta update reduces their conviction. The firm cut its price target from $37 to $27.

Natixis Bleichroeder downgrades Amylin Pharmaceuticals from Hold to Sell. Price target $22.

Soleil Securities downgrades Amylin Pharmaceuticals from Hold to Sell and lowers their price target from $25 to $20, following news of four additional deaths of patients on Byetta.

Stifel Nicolaus downgrades BankUnited Financial (Nasdaq: BKUNA) from Hold to Sell.

Brean Murray downgrades J. Crew Group, Inc. (NYSE: JCG) from Buy to Hold.

Robert W. Baird downgrades American Axle & Manufacturing (NYSE: AXL) from Outperform to Neutral with a $7 price target.

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

NEW COVERAGE:
Lehman Bros. re-initiates coverage on Hewlett-Packard (NYSE: HPQ) with an Overweight rating.

Merriman Curhan initiates coverage on eHealth (Nasdaq: EHTH) with a Buy.

Needham & Co. initiates coverage on IXYS Corp (NASDAQ: IXYS) with a Hold rating.

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


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Stocks Mentioned

AMLN 12.69

+0.32 +2.59%
Volume: 1,494,096
Track AMLN

AXL 7.17

-0.11 -1.51%
Volume: 2,485,260
Track AXL

BKUNA 0.49

+0.00 +0.00%
Volume: 8,886,899
Track BKUNA

EHTH 13.55

-0.12 -0.88%
Volume: 72,579
Track EHTH

HPQ 50.00

+0.04 +0.08%
Volume: 14,224,357
Track HPQ

IXYS 6.65

+0.07 +1.06%
Volume: 67,189
Track IXYS

JCG 42.91

-0.24 -0.56%
Volume: 1,428,712
Track JCG

MKC 35.68

-0.02 -0.06%
Volume: 257,835
Track MKC

OKE 38.80

-0.20 -0.51%
Volume: 496,725
Track OKE

WBD 77.50

+3.13 +4.21%
Volume: 214,498
Track WBD


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