Notable Analyst Rating Changes 9/4: SAI, STLD Upgraded; MRVL, LM, FRX Downgraded

September 4, 2008 10:11 AM EDT

UPGRADES:
Wachovia Securities upgrades SAIC (NYSE: SAI) to Outperform. Valuation range between $23-25.

Goldman Sachs upgrades Steel Dynamics Inc. (Nasdaq: STLD) from Neutral to Buy.

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

DOWNGRADES:
Deutsche Bank downgrades Marvell Technology (Nasdaq: MRVL) from Buy to Hold, saying no near-term upside likely.

Credit Suisse downgrades Legg Mason (NYSE: LM) from Neutral to Underperform.

UBS downgrades Forest Laboratories (NYSE: FRX) from Buy to Neutral.

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

NEW COVERAGE:
Credit Suisse initiates coverage on Broadcom (Nasdaq: BRCM) with an Outperform.

Dahlman Rose starts Norfolk Southern (NYSE: NSC) at Buy

Collins Stewart initiates coverage on Texas Instruments Inc. (NYSE: TXN) with a Hold rating, citing risk/reward.

UBS initiates coverage on GT Solar International (Nasdaq: SOLR) with a Buy rating.

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


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Stocks Mentioned

BRCM 25.12

+0.05 +0.20%
Volume: 10,131,858
Track BRCM

FRX 26.25

+1.02 +4.04%
Volume: 440,897
Track FRX

LM 24.00

-0.59 -2.40%
Volume: 3,210,750
Track LM

MRVL 11.67

-0.07 -0.60%
Volume: 9,181,899
Track MRVL

NSC 25.10

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

SAI 27.44

+8.91 +48.08%
Volume: 445,825
Track SAI

SOLR 5.41

-0.17 -3.05%
Volume: 902,684
Track SOLR

STLD 14.34

-0.34 -2.32%
Volume: 5,107,418
Track STLD

TXN 26.30

+4.70 +21.76%
Volume: 446,525
Track TXN


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