Notable Analyst Rating Changes 08/25: (BHP) (FFIV) (AEO) Upgraded; (ECA) (UTHR) (HPQ) Downgraded

August 25, 2011 10:57 AM EDT
UPGRADES
Societe Generale upgrades BHP Billiton (NYSE: BHP) from Hold to Buy.

Stifel Nicolaus boosts F5 Networks (Nasdaq: FFIV) from Hold to Buy.

Lazard Capital lifts American Eagle Outfitters (NYSE: AEO) from Sell to Neutral.

Deutsche Bank upgrades Shanda Games (Nasdaq: GAME) to Buy with a price target of $6.41. Click Here for more color.

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

DOWNGRADES
Benchmark downgrades EnCana Corp. (NYSE: ECA) from Buy to Hold. Click Here for more color.

Roth Capital lowers Hanwha SolarOne (Nasdaq: HSOL) from Buy to Neutral, price target lowered from $9 to $4.

RBC Capital cuts Hewlett-Packard (NYSE: HPQ) from Outperform to Sector Perform, moving its price target from $35 to $30.

United Therapeutics Corp. (Nasdq: UTHR) downgraded by three today:
  • Auriga from Buy to Hold, price target cut in half to $45. Click Here for more color;

  • Maxim Group from Buy to Hold; and

  • Citi from Buy to Hold, price target lowered from $71 to $44.
For daily real-time Downgrades go to http://www.streetinsider.com/downgrades

NEW COVERAGE
Baird initiates Achillion Pharmaceuticals (Nasdaq: ACHN) at Outperform and $9 price target. Click Here for more color.

BB&T Capital starts Thompson Creek Metals (NYSE: TC) with a Buy, and $10 price target.

RBS begins SAP AG (NYSE: SAP) at Buy.

Raymond James initiates Beacon Roofing Supply (Nasdaq: BECN) with an Outperform, and $20 price target.

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

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Stifel, Deutsche Bank, Citi, Raymond James, Robert W Baird, Lazard, Roth Capital, RBC Capital, BB&T Capital Markets, Maxim Group, Notable Analyst Rating Changes, Auriga