Notable Analyst Rating Changes 9/12: WM, GILD, LCC, PBG Upgraded; BBY, BWLD, DHR Downgraded

September 12, 2008 9:59 AM EDT

UPGRADES:
Goldman Sachs upgrades Washington Mutual Inc. (NYSE: WM) from Sell to Neutral, but lowers its price target from $5 to $4.

Baird upgrades Gilead Sciences (Nasdaq: GILD) from Neutral to Outperform. Price target $57.

Credit Suisse upgrades US Airways Group (NYSE: LCC) from Neutral to Outperform.

BofA upgrades Pepsi Bottling Group (NYSE: PBG) from Neutral to Buy.

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

DOWNGRADES:
UBS downgrades Best Buy (NYSE: BBY) from Buy to Neutral.

Morgan Keegan downgrades Buffalo Wild Wings (Nasdaq: BWLD) from Outperform to Market Perform.

Deutsche Bank downgrades Danaher (NYSE: DHR) from Buy to Hold. The firm lowered its price target on Danaher to $85.

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

NEW COVERAGE:
Goldman Sachs initiates coverage on Sonic Corp. (Nasdaq: SONC) with a Neutral rating.

Caris & Co initiates coverage on ev3 Inc. (Nasdaq: EVVV) with a Buy. Price target $14.

Citi starts Transocean (NYSE: RIG) at Buy and calls the stock its Top Pick for the offshore drilling services sector.

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


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Stocks Mentioned

BBY 27.44

-6.56 -19.29%
Volume: 433,614
Track BBY

BWLD 32.04

-1.05 -3.17%
Volume: 302,609
Track BWLD

DHR 25.18

-35.99 -58.84%
Volume: 454,010
Track DHR

EVVV 10.17

-0.48 -4.51%
Volume: 397,647
Track EVVV

GILD 45.90

-0.93 -1.99%
Volume: 6,900,563
Track GILD

LCC 2.46

+0.05 +2.07%
Volume: 3,808,116
Track LCC

PBG 28.59

-5.41 -15.91%
Volume: 439,459
Track PBG

RIG 27.47

-46.00 -62.61%
Volume: 443,162
Track RIG

SONC 9.86

-0.42 -4.09%
Volume: 639,240
Track SONC

WM 0.13

+0.00 +0.00%
Volume: 93,300
Track WM


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