Notable Analyst Rating Changes 8/8: DCP, Q, ISIS, FSYS Upgraded; BAC, ABK, VOD, KNOT, ANAD Downgraded

August 8, 2008 9:59 AM EDT

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
Goldman Sachs upgrades DynCorp International Inc (NYSE: DCP) from Sell to Neutral with a $17 price target.

Morgan Stanley upgrades Qwest Communications (NYSE: Q) from Equal-Weight to Overweight.

Needham & Co. upgrades ISIS Pharmaceuticals (NASDAQ: ISIS) from Hold to Buy with a $22 price target.

Broadpoint Capital upgrades Fuel Systems (Nasdaq: FSYS) from Buy to Strong Buy.

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

DOWNGRADES:
UBS downgrades Bank of America (NYSE: BAC) from Buy to Neutral.

JP Morgan downgrades Ambac (NYSE: ABK) from Neutral to Underweight, citing bleak outlook, negative tangible equity and valuation.

Goldman Sachs downgrades Vodafone Group plc (NYSE: VOD) from Buy to Neutral, removes from its Conviction Buy List.

Deutsche Bank and Oppenheimer downgrades The Knot (Nasdaq: KNOT) to Hold and Market Perform, respectively.

Morgan Keegan downgrades Anadigics (Nasdaq: ANAD) from Outperform to Market Perform.

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

NEW COVERAGE:
Credit Suisse initiates coverage on Apple (Nasdaq: AAPL) with an Outperform rating and $200 price target.

Credit Suisse initiates coverage on International Business Machines Corp. (NYSE: IBM) with an Neutral rating and $120 price target.

SunTrust Robinson Humphrey initiates coverage on Fresh Del Monte Produce (NYSE: FDP) with a Buy rating and a $29 price target.

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


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Stocks Mentioned

AAPL 202.37

-0.61 -0.30%
Volume: 12,307,935
Track AAPL

ABK 0.78

-0.01 -1.27%
Volume: 48,469,598
Track ABK

ANAD 3.19

+0.04 +1.27%
Volume: 394,500
Track ANAD

BAC 16.39

+0.36 +2.25%
Volume: 134,803,072
Track BAC

DCP 16.92

-0.09 -0.53%
Volume: 123,223
Track DCP

FDP 22.84

+0.05 +0.22%
Volume: 177,091
Track FDP

FSYS 46.38

-0.37 -0.79%
Volume: 192,886
Track FSYS

IBM 126.59

-0.32 -0.25%
Volume: 4,576,331
Track IBM

ISIS 13.41

-0.07 -0.52%
Volume: 401,910
Track ISIS

KNOT 9.37

-0.04 -0.43%
Volume: 36,834
Track KNOT

Q 3.79

+0.00 +0.00%
Volume: 13,427,842
Track Q

VOD 22.28

-0.58 -2.54%
Volume: 5,000,038
Track VOD


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