Notable Analyst Rating Changes 7/3: LLL, ACI, BTU, AA Upgraded; HNT, AET, NVDA Downgraded

July 3, 2008 10:11 AM EDT

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
Cowen & Co. upgrades L-3 Communications (NYSE: LLL) from Neutral to Outperform, calling the stock an "oversold safe haven."

Citi upgrades Arch Coal Inc. (NYSE: ACI) and Peabody Energy Corp. (NYSE: BTU) from Hold to Buy.

Soleil Securities upgrades Alcoa (NYSE: AA) from Sell to Hold with a $40 price target, citing valuation.

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

DOWNGRADES:
Goldman Sachs downgrades Health Net Inc. (NYSE: HNT) from Neutal to Sell.

Goldman Sachs downgrades Aetna Inc. (NYSE: AET) from Neutral to Sell.

JP Morgan, Needham & Co and Longbow Research downgrade NVIDIA (Nasdaq: NVDA) after Q2 warning.

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

NEW COVERAGE:
Friedman Billings initiates coverage on ESCO Technologies (NYSE: ESE) with an Outperform rating and $60 price target.

Soleil Securities initiates coverage on GeoEye (NASDAQ: GEOY) with a Buy rating and a $23 price target.

Stanford initiates coverage on Consolidated Communications (Nasdaq: CNSL) with a Hold. Price target $16.

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


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Stocks Mentioned

AA 9.76

+0.45 +4.83%
Volume: 21,725,859
Track AA

ACI 13.74

+0.76 +5.86%
Volume: 5,107,566
Track ACI

AET 20.19

+0.43 +2.18%
Volume: 4,754,047
Track AET

BTU 20.71

+1.16 +5.93%
Volume: 7,454,169
Track BTU

CNSL 10.26

+0.96 +10.32%
Volume: 214,475
Track CNSL

ESE 29.65

+2.21 +8.05%
Volume: 322,705
Track ESE

GEOY 17.88

+0.55 +3.17%
Volume: 303,798
Track GEOY

HNT 8.65

+0.19 +2.25%
Volume: 2,217,667
Track HNT

LLL 66.15

+1.86 +2.89%
Volume: 1,678,674
Track LLL

NVDA 7.21

+0.38 +5.56%
Volume: 11,999,689
Track NVDA


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