Monday's Analysts' Upgrades and Downgrades

 

CHANGE IN RATINGS

Cache Inc. (CACH Quote) downgraded at Broadpoint to a Neutral rating as negative December comp is expected and momentum from Contour collection has slowed down.

STOCK COMMENTS / EPS CHANGES

BB&T's (BBT Quote) 2008 estimate was cut at Deutsche Bank to $3.28 a share to reflect higher credit costs, capital markets volatility, and net interest margin pressure. Target price cut from $35 to $28.

Salix Pharmaceuticals (SLXP Quote) 2008 estimate was cut at FBR by 94 cents to a penny a share to reflect generic competition for Colazal. Maintained Market Perform rating.
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