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


Related Categories

Special Reports

Stocks Mentioned

BRCM 14.45

-1.06 -6.83%
Volume: 10,315,798
Track BRCM

FRX 23.17

-0.49 -2.07%
Volume: 2,943,362
Track FRX

LM 16.45

-0.43 -2.55%
Volume: 3,533,132
Track LM

MRVL 5.70

-0.43 -7.01%
Volume: 11,402,247
Track MRVL

NSC 46.09

-0.27 -0.58%
Volume: 4,414,020
Track NSC

SAI 17.73

-0.17 -0.95%
Volume: 2,761,798
Track SAI

SOLR 2.95

-0.15 -4.84%
Volume: 393,526
Track SOLR

STLD 7.22

+0.11 +1.55%
Volume: 8,328,987
Track STLD

TXN 14.47

-0.79 -5.18%
Volume: 16,746,518
Track TXN


Related Entities


Add Your Comment