Stock Upgrades, Downgrades from TheStreet.com Ratings

Each weekday, TheStreet.com Ratings updates its ratings on the stocks it covers. The proprietary ratings model projects a stock's total return potential over a 12-month period, including price appreciation and dividends. Buy, hold or sell ratings designate how the Ratings group expects these stocks to perform against a general benchmark of the equities market and interest rates.

While the ratings model is quantitative, it uses both subjective and objective elements. For instance, subjective elements include expected equities market returns, future interest rates, implied industry outlook and company earnings forecasts. Objective elements include volatility of past operating revenue, financial strength and company cash flows.

Savings and loan holding company Anchor Bancorp(ABCW Quote) has been downgraded to a hold from a buy. In the past year, its stock price has fallen 6.0%, in part reflecting the company's declining EPS. In the fourth quarter of the company's fiscal-year 2006, EPS declined 28.3% over the year-earlier period, continuing a two-year pattern. The stock's decline could be one of the factors that make the stock attractive down the road. However, TheStreet.com Ratings believes that it is too soon to buy. Anchor Bancorp had been rated a buy since November 2006. ...