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 25.10

+14.75 +142.51%
Volume: 434,349
Track AA

BNI 28.62

-44.43 -60.82%
Volume: 443,259
Track BNI

CFR 29.91

-16.10 -34.99%
Volume: 442,956
Track CFR

HK 25.06

+3.24 +14.85%
Volume: 439,641
Track HK

HOG 15.58

-0.83 -5.06%
Volume: 4,999,003
Track HOG

MDAS 18.38

-0.92 -4.77%
Volume: 372,503
Track MDAS

PALM 15.75

-0.59 -3.61%
Volume: 10,849,958
Track PALM

PFE 27.48

+12.58 +84.43%
Volume: 437,781
Track PFE

SGY 27.44

+0.00 +0.00%
Volume: 452,271
Track SGY


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