Notable Analyst Rating Changes 9/10: AEO, NSC, EV, NUE Upgraded; MRK, DRIV, STI, MPEL Downgraded

September 10, 2008 9:53 AM EDT

UPGRADES:
BofA upgrades American Eagle Outfitters (NYSE: AEO) from Neutral to Buy.

UBS upgrades Norfolk Southern Corp. (NYSE: NSC) from Neutral to Buy.

Goldman Sachs upgrades Eaton Vance Corp. (NYSE: EV) from Neutral to Buy and raises its price target from $35 to $44.

Soleil Securities upgrades Nucor (NYSE: NUE) from Hold to Buy. Price target $65.00.

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

DOWNGRADES:
Bernstein downgrades Merck (NYSE: MRK) from Outperform to Market Perform.

Thomas Weisel downgrades Digital River (Nasdaq: DRIV) from Overweight to Marketweight.

Morgan Keegan downgrades SunTrust Banks (NYSE: STI) from Outperform to Market Perform.

Citi downgrades Melco Crown Entertainment (Nasdaq: MPEL) from Buy to Hold.

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

NEW COVERAGE:
BofA initiates coverage on Boston Scientific (NYSE: BSX) with a Buy.

Credit Suisse initiates coverage on YUM! Brands (NYSE: YUM) with a Neutral.

Credit Suisse initiates coverage on Burger King (NYSE: BKC) with an Outperform rating.

Morgan Keegan initiates coverage on Cerner Corp. (Nasdaq: CERN) with an Outperform rating.

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


Related Categories

Special Reports

Stocks Mentioned

AEO 27.53

+13.27 +93.06%
Volume: 443,710
Track AEO

BKC 25.05

+7.68 +44.21%
Volume: 441,755
Track BKC

BSX 29.90

+19.79 +195.75%
Volume: 441,568
Track BSX

CERN 60.05

-2.62 -4.18%
Volume: 1,143,396
Track CERN

DRIV 34.92

-1.35 -3.72%
Volume: 631,091
Track DRIV

EV 25.02

-2.17 -7.98%
Volume: 447,895
Track EV

MPEL 4.55

-0.12 -2.57%
Volume: 10,750,918
Track MPEL

MRK 26.28

-1.77 -6.31%
Volume: 447,665
Track MRK

NSC 25.10

-13.08 -34.26%
Volume: 436,123
Track NSC

NUE 28.74

-14.72 -33.87%
Volume: 439,623
Track NUE

STI 25.08

+8.75 +53.58%
Volume: 445,818
Track STI

YUM 25.01

-10.01 -28.58%
Volume: 432,360
Track YUM


Related Entities


Add Your Comment