Notable Analyst Rating Changes 2/1: PAS, DIS, OI Upgraded, MXIM, AVID, PHM Downgraded

February 1, 2008 12:03 PM EST

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
Bear Stearns upgrades PepsAmericas (NYSE: PAS) from Underperform to Peer Perform.

Oppenheimer upgrades Disney (NYSE: DIS) from Perform to Outperform, but lowers price target from $40 to $36.

Deutsche Bank upgrades Owens-Illinois, Inc. (NYSE: OI) from Hold to Buy and raises its price target to $65, following strong Q4 results.

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

DOWNGRADES:
Maxim Integrated (OTC: MXIM) downgraded by Deutsche Bank, William Blair, Citi and Bear Stearns

Kaufman Bros downgrades Avid Technology (NASDAQ: AVID) from Hold toSell

Merrill Lynch downgrades Pulte Homes (NYSE: PHM) from Neutral to Sell

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

NEW COVERAGE:
Stifel Nicolaus initiates coverage on Capstead Mortgage (NYSE: CMO) with a Buy. Price target $20.

UBS initiates coverage on Kennametal (NYSE: KMT) with a Neutral.

Wachovia initiates coverage on Idearc (NYSE: IAR) with an Underperform rating and a $10-$11 valuation range.

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


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Stocks Mentioned

AVID 20.78

+0.00 +0.00%
Volume: 708,419
Track AVID

CMO 9.31

+0.00 +0.00%
Volume: 2,178,291
Track CMO

DIS 28.26

+0.00 +0.00%
Volume: 35,803,219
Track DIS

IAR 0.85

+0.00 +0.00%
Volume: 3,047,925
Track IAR

KMT 22.73

+0.00 +0.00%
Volume: 1,459,557
Track KMT

MXIM 15.75

+0.00 +0.00%
Volume: 1,032,015
Track MXIM

OI 24.87

+0.00 +0.00%
Volume: 2,906,840
Track OI

PAS 19.13

+0.00 +0.00%
Volume: 995,857
Track PAS

PHM 12.53

+0.00 +0.00%
Volume: 14,588,544
Track PHM


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