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 95.90

+3.43 +3.71%
Volume: 47,855,073
Track AAPL

ABK 1.56

+0.22 +16.42%
Volume: 19,269,018
Track ABK

ANAD 1.34

+0.01 +0.75%
Volume: 423,051
Track ANAD

BAC 15.05

+0.68 +4.73%
Volume: 128,509,965
Track BAC

DCP 14.38

-0.17 -1.17%
Volume: 196,081
Track DCP

FDP 22.87

-0.27 -1.17%
Volume: 761,169
Track FDP

FSYS 34.11

+3.26 +10.57%
Volume: 1,048,763
Track FSYS

IBM 80.67

+0.83 +1.04%
Volume: 9,757,965
Track IBM

ISIS 10.80

+0.26 +2.47%
Volume: 808,522
Track ISIS

KNOT 7.63

+0.49 +6.86%
Volume: 332,510
Track KNOT

Q 3.16

+0.17 +5.69%
Volume: 23,135,134
Track Q

VOD 19.01

+0.66 +3.60%
Volume: 5,125,087
Track VOD


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