Notable Analyst Rating Changes 8/14: EGLE, DE, CSX Upgraded; MDR, NCC, SGR Downgraded

August 14, 2008 10:00 AM EDT

StreetInsider.com Notable Analyst Rating Changes:

UPGRADES:
JP Morgan upgrades Eagle Bulk Shipping (Nasdaq: EGLE) from Neutral to Overweight

Stifel Nicolaus upgrades Deere (NYSE: DE) from Hold to Buy with a $93 price target.

UBS upgrades CSX Corp (NYSE: CSX) from Neutral to Buy.

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

DOWNGRADES:
Citi downgrades McDermott International Inc (NYSE: MDR) from Buy to Hold. Price target lowered from $77 to $42.

Ladenburg Thalmann's Richard Bove dowgrades National City (NYSE: NCC) from Buy to Neutral, maintaing his $6 price target.

Citi downgrades Shaw Group Inc (NYSE: SGR) from Hold to Sell. Price target lowered from $77 to $50.

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

NEW COVERAGE:
Lehman Bros. initiates coverage on Bunge (NYSE: BG) with an Underweight. Price target $97.

Lehman Bros. initiates coverage on Tyson Foods (NYSE: TSN) with a Overweight. Price target $24.

Citi and Credit Suisse start Energy Recovery (Nasdaq: ERII) with a Hold and Outperform, respectively.

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


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Stocks Mentioned

BG 37.92

-0.27 -0.71%
Volume: 3,151,152
Track BG

CSX 34.03

+0.24 +0.71%
Volume: 5,096,194
Track CSX

DE 31.84

+1.44 +4.74%
Volume: 5,574,759
Track DE

EGLE 3.54

-0.07 -1.94%
Volume: 1,266,838
Track EGLE

ERII 7.00

+0.35 +5.26%
Volume: 234,462
Track ERII

MDR 9.65

+1.02 +11.82%
Volume: 5,538,899
Track MDR

NCC 1.69

+0.09 +5.63%
Volume: 33,447,891
Track NCC

SGR 16.65

+1.52 +10.05%
Volume: 2,535,837
Track SGR

TSN 6.11

+0.08 +1.33%
Volume: 9,877,529
Track TSN


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