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Analysts' Upgrades, Downgrades: eBay

Stock quotes in this article: ADM , EBAY , ECL , KO , LLTC , NVLS , NI  

Change in Ratings

Archer-Daniels-Midland (ADM Quote) upgraded at Merrill from Neutral to Buy. $26 price target. Recent 40% correction in commodity prices helps the company's outlook.

eBay (EBAY Quote) numbers lowered at UBS. 2008 EPS estimates lowered to $1.70 from $1.73. Price target lowered to $17 from $18. Maintains Neutral rating. eBay downgraded at Credit Suisse to Neutral from Overweight.

Ecolab (ECL Quote) upgraded at Goldman Sachs to Buy from Neutral based on valuation and likely outperformance in recessionary environment. Note strong competitive position, attractive growth platforms and pricing power. Price target at $51. ...

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