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TSC Ratings' Upgrades, Downgrades: BUD

Stock quotes in this article: AFL , BRP , BUD , FITB , FNSR , N , ORCC , RCII  

Change in Ratings

Aflac(AFL Quote) coverage initiated at SunTrust Robinson Humphrey with a buy rating. Sees increased demand in Japan as the government shrinks coverage. Believes the strengthening yen and pre-tax margin increases will boost earnings this year. Price target of $78.00.

Brasil Telecom Participacoes(BRP Quote) downgraded at JPMorgan to underweight from neutral. Believes stock trading at a premium to TMAR is unjustified. Sees no positive outlook with the Telemar/BRP combination. Price Target reduced to $80.

Anheuser-Busch(BUD Quote) downgraded at UBS to neutral from buy. Price target raised to $65 from $58. Maintains 2008 EPS estimates of $3.06. ...

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