Notable Analyst Rating Changes 6/6: PNRA, BTU, CSC Upgraded; BBY, BRP, MVL Downgraded

June 6, 2008 9:53 AM EDT

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
Piper Jaffray upgrades Panera Bread (Nasdaq: PNRA) from Neutral to Buy and raised their price target from $46 to $62.

Merrill Lynch upgrades Peabody Energy (NYSE: BTU) from Neutral to Buy and raises its price target from $78 to $86.

Stifel Nicolaus upgrades Computer Sciences (NYSE: CSC) from Hold to Buy.

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

DOWNGRADES:
Deutsche Bank downgrades Best Buy (NYSE: BBY) from Buy to Hold and lowers their price target from $53 to $49.

Deutsche Bank downgrades Brasil Telecom (NYSE: BRP) from Buy to Hold.

Stifel Nicolaus downgrades Marvel Entertainment (NYSE: MVL) from Buy to Hold, citing current valuation.

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

NEW COVERAGE:
Stifel Nicolaus initiates coverage on Mattel Inc. (NYSE: MAT) with a Buy rating and $26 price target.

JMP Securities initiates coverage on Allscripts (Nasdaq: MDRX) with a Market Perform rating.

Sterne Agee initiates coverage on Foot Locker (NYSE: FL) with a Hold rating.

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


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Stocks Mentioned

BBY 41.78

+1.54 +3.83%
Volume: 5,013,749
Track BBY

BRP 60.00

+3.91 +6.97%
Volume: 120,752
Track BRP

BTU 44.50

+2.29 +5.43%
Volume: 6,685,527
Track BTU

CSC 54.15

+1.55 +2.95%
Volume: 1,091,234
Track CSC

FL 10.91

+0.25 +2.35%
Volume: 1,736,808
Track FL

MAT 20.33

+0.59 +2.99%
Volume: 3,089,235
Track MAT

MDRX 21.38

+0.55 +2.64%
Volume: 530,552
Track MDRX

MVL 51.18

+0.34 +0.67%
Volume: 577,682
Track MVL

PNRA 62.59

+1.20 +1.95%
Volume: 492,408
Track PNRA


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