Notable Analyst Rating Changes 08/24: (ELN) (TSO) (SKS) Upgraded; (BSX) (X) (UTHR) Downgraded

UPGRADES
Credit Suisse upgrades Elan Corp. (NYSE: ELN) from Neutral to Outperform.

Benchmark ups Tesoro Corp. (NYSE: TSO) from Sell to Buy with a price target of $25. Click Here for more color.

Credit Suisse lifts Saks Inc. (NYSE: SKS) from Underpeform to Neutral with a price target of $8.

Morgan Stanley raises Nucor (NYSE: NUE) from Equalweight to Overweight.

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

DOWNGRADES
Morgan Keegan cuts Boston Scientific (NYSE: BSX) from Outperform to Market Perform with a price target of $7.

Morgan Stanley lowers US Steel (NYSE: X) from Overweight to Equalweight.

United Therapeutics Corp. (Nasdaq: UTHR) lowered by two Wednesday:

• Deutsche Bank from Buy to Hold. Click Here for more color; and
  
  
• JPMorgan from Outperform to Neutral, price target lowered from $75 to $55.

JPMorgan reduces Fidelity National Information Services (NYSE: FIS) from Neutral to Underweight, price target lowered from $34 to $30.

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

NEW COVERAGE
ThinkEquity initiates Harmonic Inc. (Nasdaq: HLIT) with a Hold, and $5 price target.

Baird starts Google (Nasdaq: GOOG) with an Outperform, and $650 price target.

Wunderlich Securities begins Edwards Lifesciences (NYSE: EW) with a Buy, and $75 price target.

Longbow Research initiates Pier 1 Imports (NYSE: PIR) with a Buy, and $13 price target.

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

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