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 42.25

+0.01 +0.02%
Volume: 4,567,633
Track BBY

BWLD 42.53

-0.03 -0.07%
Volume: 174,082
Track BWLD

DHR 72.43

-0.26 -0.36%
Volume: 1,492,175
Track DHR

EVVV 12.99

+0.07 +0.54%
Volume: 845,117
Track EVVV

GILD 47.14

+0.33 +0.70%
Volume: 6,130,869
Track GILD

LCC 3.23

+0.17 +5.56%
Volume: 7,040,243
Track LCC

PBG 38.04

+0.12 +0.32%
Volume: 3,023,974
Track PBG

RIG 89.83

+1.33 +1.50%
Volume: 3,854,196
Track RIG

SONC 9.70

+0.00 +0.00%
Volume: 678,467
Track SONC

WM 32.43

-0.19 -0.58%
Volume: 2,445,272
Track WM


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