Notable Analyst Rating Changes 1/12: CFR, PALM, PFE Upgraded; AA, HOG, MDAS, BNI Downgraded

January 12, 2009 10:13 AM EST

UPGRADES:
Barclays upgrades Cullen/Frost (NYSE: CFR) from Equalweight to Overweight.

Citi upgrades Palm Inc. (Nasdaq: PALM) from Sell to Hold. Price target $6.50.

Goldman Sachs upgrades Pfizer Inc. (NYSE: PFE) from Sell to Neutral.

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

DOWNGRADES:
Ahead of tonight's earnings release, Deutsche Bank downgraded Alcoa (NYSE: AA) from Hold to Sell and cut its price target from $10 to $8. Click here to see the full report.

Goldman Sachs downgrades Harley-Davidson (NYSE: HOG) from Neutral to Sell and adds the stock to their Conviction Sell List.

Barclays downgrades MedAssets (Nasdaq: MDAS) from Overweight to Equal Weight.

Morgan Stanley downgrades Burlington Northern Santa Fe Corp. (NYSE: BNI) from Equal Weight to Underweight.

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

NEW COVERAGE:
Capital One Southcoast initiates coverage on Petrohawk Energy (NYSE: HK) with an Add rating. Price target $28.

Capital One Southcoast initiates coverage on Stone Energy (NYSE: SGY) with an Add rating. Price target $17.

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


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Stocks Mentioned

AA 13.64

+0.84 +6.56%
Volume: 49,413,831
Track AA

BNI 98.53

+0.07 +0.07%
Volume: 2,925,328
Track BNI

CFR 48.28

+0.25 +0.52%
Volume: 509,773
Track CFR

HK 21.99

-0.70 -3.09%
Volume: 4,300,937
Track HK

HOG 29.58

+0.66 +2.28%
Volume: 2,988,246
Track HOG

MDAS 22.20

-0.06 -0.27%
Volume: 372,399
Track MDAS

PALM 11.54

-0.04 -0.35%
Volume: 6,311,946
Track PALM

PFE 18.74

-0.11 -0.58%
Volume: 47,657,357
Track PFE

SGY 19.18

-0.12 -0.62%
Volume: 535,413
Track SGY


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