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

September 5, 2008 10:00 AM EDT Send to a Friend
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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



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Credit Suisse, UBS, JPMorgan, Goldman Sachs, Citi, Morgan Stanley, Merrill Lynch, Lehman Brothers, Notable Analyst Rating Changes

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