Notable Analyst Rating Changes 10/13: STJ, AAPL, JBX, BBY Upgraded; DOW, WSM, NOK, NWY Downgraded

October 13, 2008 9:42 AM EDT

UPGRADES:
J.P. Morgan upgrades St. Jude (NYSE: STJ) from Neutral to Overweight.

Sanford C. Bernstein upgrades Apple (Nasdaq: AAPL) from Market Perform to Outperform but lowered its price target to $135.

Merrill Lynch upgrades Jack In The Box (NYSE: JBX) from Neutral to Buy.

KeyBanc upgrades Best Buy (NYSE: BBY) from Hold to Buy.

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

DOWNGRADES:
J.P. Morgan downgrades Dow Chemical (NYSE: DOW) from Overweight to Neutral.

KeyBanc downgrades Williams-Sonoma (NYSE: WSM) from Hold to Underweight.

Merrill Lynch downgrades Nokia (NYSE: NOK) from Buy to Neutral, citing a global recession.

Brean Murray and SunTrust Robinson Humphrey downgrade New York & Co. (NYSE: NWY) to Hold and Neutral, respectively.

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

NEW COVERAGE:
Brean Murray initiates coverage on National Coal Corp (Nasdaq: NCOC) with a Buy. Price target $12.

Cowen & Co initiates coverage on Ener1 (AMEX: HEV) with a Neutral.

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


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Stocks Mentioned

AAPL 92.47

+3.54 +3.98%
Volume: 41,044,487
Track AAPL

BBY 19.95

+0.93 +4.89%
Volume: 10,680,909
Track BBY

DOW 18.60

+0.67 +3.74%
Volume: 14,452,592
Track DOW

HEV 8.25

+0.21 +2.61%
Volume: 323,588
Track HEV

JBX 15.78

+0.58 +3.82%
Volume: 717,610
Track JBX

NCOC 1.47

-0.05 -3.29%
Volume: 233,358
Track NCOC

NOK 13.64

+0.56 +4.28%
Volume: 20,897,214
Track NOK

NWY 1.60

+0.12 +8.11%
Volume: 1,113,680
Track NWY

STJ 29.19

+2.39 +8.92%
Volume: 7,424,661
Track STJ

WSM 7.56

+1.44 +23.53%
Volume: 4,873,993
Track WSM


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