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 13.43

-0.04 -0.30%
Volume: 19,959,097
Track AA

BNI 97.69

+0.10 +0.10%
Volume: 5,135,453
Track BNI

CFR 47.97

+0.17 +0.36%
Volume: 228,457
Track CFR

HK 23.42

-0.39 -1.64%
Volume: 4,568,208
Track HK

HOG 26.82

-0.16 -0.59%
Volume: 2,375,635
Track HOG

MDAS 22.61

+0.02 +0.09%
Volume: 416,336
Track MDAS

PALM 11.99

+1.00 +9.10%
Volume: 16,554,916
Track PALM

PFE 17.64

+0.08 +0.46%
Volume: 32,892,408
Track PFE

SGY 20.19

+0.19 +0.95%
Volume: 1,489,535
Track SGY


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