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Wednesday's Analysts' Upgrades and Downgrades

Who made what calls.


Coca-Cola Enterprises


downgraded at Deutsche Bank to a Hold rating as stock has hit $25 target price and fundamental trends appear mixed.

US Airways


coverage initiated at Morgan Stanley with an overweight rating and $44 price target.

R.H. Donnelley


downgraded at Goldman Sachs to Neutral from Buy based on deteriorating local ad trends. Impact from slowing housing market and negative trends in the company's major metro markets are having a greater impact than originally anticipated. Price target cut to $67 from $77.

Sirius Satellite

(SIRI) - Get Sirius XM Holdings, Inc. Report

downgraded at UBS to Neutral rating from Buy. FY 2008 EPS estimates lower to $(0.42) from $(0.40) while price target rises to $3.90 from $3.75.

XM Satellite


downgraded at UBS to Neutral rating from Buy. However, FY 2008 EPS estimates rise to $(1.61) from $(1.68) and price target lifts to $16 from $15.

Horsehead Holding

TheStreet Recommends


coverage initiated at FBR with an Outperform rating and $27 target price. Multiple expansion expected and company could be a takeout candidate.


Barrick Gold


target raised at Goldman to $42 from $38 based on continuing improvements in gold fundamentals and demand trends from investors and central banks. See potential for gold prices to end 2007 above $725/oz. due in part to weakening U.S. dollar.

TD Ameritrade

(AMTD) - Get TD Ameritrade Holding Corporation Report

numbers raised at UBS. Price target lifts to $21 from $20 and 2008 EPS estimates bump up to $1.05 from $1.03. Reiterates Buy rating.

Best Buy

(BBY) - Get Best Buy Co., Inc. Report

2007 estimates raised at Bernstein by a nickel to $3.13 a share following a strong Q2 performance. Maintained Market Perform rating.

Darden Restaurants

(DRI) - Get Darden Restaurants, Inc. Report

numbers raised at UBS. FY 2008 EPS estimates lift to $3.13 from $3.10 while price target holds at $53. Reiterates Buy rating.

Lehman Brothers


target raised at UBS. Price target lifts to $77 while 2008 EPS estimates dip to $7.10 from $7.50. Reiterates Buy rating.


(NLY) - Get Annaly Capital Management, Inc. Report

2008 estimates raised at Deutsche Bank by 18 cents to $1.68 a share due to lower funding costs. Maintained Buy rating.