Notable Analyst Rating Changes 9/5: UL, MON, NAV, HOS Upgraded; ANF, TJX, AMD, NBR Downgraded

September 5, 2008 10:00 AM EDT

UPGRADES:
UBS upgrades Unilever (NYSE: UL) from Sell to Neutral.

Credit Suisse upgrades Monsanto (NYSE: MON) from Neutral to Outperform.

J.P. Morgan upgrades Navistar (NYSE: NAV) from Neutral to Overweight.

Goldman Sachs upgrades Hornbeck Offshore (NYSE: HOS) from Sell to Neutral with a $50 price target.

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

DOWNGRADES:
Citi downgrades Abercrombie & Fitch Co (NYSE: ANF) from Buy to Sell. Price target slashed from $73 to $45.

Lehman Bros. downgrades TJX Companies (NYSE: TJX) from Overweight to Equalweight.

Merrill Lynch downgrades Advanced Micro Devices (NYSE: AMD) from Neutral to Sell, citing valuation.

Goldman Sachs downgrades Nabors (NYSE: NBR) from Buy to Neutral and lowered its price target from $56 to $41.

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

NEW COVERAGE:
Merrill Lynch resumes coverage on Genzyme (Nasdaq: GENZ) with a Buy.

Morgan Stanley assumes coverage on Johnson & Johnson (NYSE: JNJ) with an Overweight.

Morgan Stanley assumes coverage on Boston Scientific (NYSE: BSX) with an Overweight.

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


Related Categories

Special Reports

Stocks Mentioned

AMD 5.14

-0.07 -1.34%
Volume: 16,293,712
Track AMD

ANF 37.53

-0.06 -0.16%
Volume: 3,133,487
Track ANF

BSX 8.27

-0.04 -0.48%
Volume: 16,180,679
Track BSX

GENZ 52.87

+0.33 +0.63%
Volume: 1,881,705
Track GENZ

HOS 25.03

-0.39 -1.53%
Volume: 438,392
Track HOS

JNJ 61.23

+0.48 +0.79%
Volume: 11,765,142
Track JNJ

MON 73.66

+3.66 +5.23%
Volume: 18,808,077
Track MON

NAV 35.65

-0.01 -0.03%
Volume: 899,523
Track NAV

NBR 22.66

-0.22 -0.96%
Volume: 4,074,134
Track NBR

TJX 39.18

+0.01 +0.03%
Volume: 2,756,956
Track TJX

UL 30.65

+0.15 +0.49%
Volume: 1,762,002
Track UL


Related Entities


Add Your Comment