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 204.19

-0.25 -0.12%
Volume: 10,237,473
Track AAPL

ABK 0.84

-0.02 -2.33%
Volume: 10,461,011
Track ABK

ANAD 2.99

-0.07 -2.29%
Volume: 729,706
Track ANAD

BAC 15.95

-0.15 -0.93%
Volume: 97,450,106
Track BAC

DCP 15.23

-0.20 -1.30%
Volume: 177,475
Track DCP

FDP 22.72

+0.20 +0.89%
Volume: 271,786
Track FDP

FSYS 48.10

-0.10 -0.21%
Volume: 353,176
Track FSYS

IBM 127.28

-0.65 -0.51%
Volume: 3,970,966
Track IBM

ISIS 11.19

+0.05 +0.45%
Volume: 636,561
Track ISIS

KNOT 9.49

-0.12 -1.25%
Volume: 43,811
Track KNOT

Q 3.91

+0.13 +3.44%
Volume: 38,246,543
Track Q

VOD 23.19

+0.59 +2.61%
Volume: 5,567,154
Track VOD


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