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 43.79

+0.25 +0.57%
Volume: 5,046,902
Track BBY

BWLD 40.46

+0.76 +1.91%
Volume: 338,062
Track BWLD

DHR 72.43

+0.95 +1.33%
Volume: 2,227,617
Track DHR

EVVV 13.18

+0.06 +0.46%
Volume: 984,042
Track EVVV

GILD 46.59

+0.33 +0.71%
Volume: 4,812,535
Track GILD

LCC 4.43

+0.37 +9.11%
Volume: 20,557,844
Track LCC

PBG 38.56

+0.37 +0.97%
Volume: 2,565,163
Track PBG

RIG 83.00

-1.22 -1.45%
Volume: 5,427,909
Track RIG

SONC 9.89

+0.16 +1.64%
Volume: 675,592
Track SONC

WM 33.56

+0.51 +1.54%
Volume: 1,772,662
Track WM


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