MOST NOTEWORTHY:

• Oppenheimer upgraded shares of Mattel Inc (NYSE: MAT) to Buy from Neutral citing valuation, strong 2008 product line-up, and expected organic sales growth.
  
• Goldman upgraded shares of Volvo (NASDAQ: VOLV) to Buy from Neutral on valuation as they believe the company's prospects for earnings are not priced into shares. Volvo was added to the firm's Conviction Buy List.
  
• PMI Group's (NYSE: PMI) rating was raised to Outperform from Market Perform at Piper Jaffray on valuation.
  
• Citigroup upgraded shares of Mosaic Company (NYSE: MOS) to Hold from Sell to reflect their increased commodity price forecasts.
  
• Diamond Foods Inc (NASDAQ: DMND) was upgraded to Buy from hold at BB&T Capital on valuation.

• Bear Stearns upgraded Diana Shipping Inc (NYSE: DSX) to Outperform from Peer Perform.
  
• Morgan Stanley upgraded Telephone and Data Systems Inc (NYSE: TDS) to Equal Weight from Underweight.
  
• Targa Resources Partners (NASDAQ: NGLS) was upgraded to Outperform from Market Perform at Wachovia.
  
• Steelcase Inc (NYSE: SCS) was upgraded to Neutral from Sell at Goldman.

Analyst upgrades: MAT, VOLV, PMI, MOS and DMND originally appeared on BloggingStocks on Fri, 21 Sep 2007 10:30:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• Citigroup cut Vonage Holdings Corp (NYSE: VG) to Sell from Hold on patent litigation concerns as the firm believes the risk to profitability has increased.

• General Maritime Corp (NYSE: GMR) was downgraded to Sell from Hold on valuation with a $23 target.

• Newmont Mining Corp (NYSE: NEM) was downgraded to Neutral from Overweight at HSBC.

• Lehman downgraded shares of Edison International (NYSE: EIX) to Equal-Weight from Overweight on valuation.

• Deutsche Bank cut Volvo (NASDAQ: VOLV) to Sell from Hold. Friedman, Billings, Ramsey downgraded shares of SafeNet, Inc (SFNT) based on the Vector acquisition.

• CIBC downgraded Agnico-Eagle Mines Ltd (NYSE: AEM) to Sector Perform from Outperform on valuation as the firm expects an upcoming downward correction due to lower zinc prices.

• Ryan Beck cut Fulton Financial Corp (NASDAQ: FULT) to Market Perform from Outperform with a $16 target; SunTrust Robinson downgraded shares to Neutral from Buy due to the early payment defaults.

• Matrix cut Christopher & Banks Corp (NYSE: CBK) to Sell from Hold on valuation.

• Golden Star Resources Ltd (AMEX: GSS) was downgraded to Market Perform from Outperform at BMO Capital.

• UBS cut Ingersoll-Rand Co Ltd (NYSE: IR) to Neutral from Buy with a $47 target.

Analyst downgrades 3-27-07: Both Vonage & Volvo were downgraded today originally appeared on BloggingStocks on Tue, 27 Mar 2007 10:56:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• Vonage Holdings Corp (NYSEL VG) was downgraded to Underperform from Peer Perform at Bear Stearns following the court injunction barring Vonage from using Verizon Communications' (VZ) patented technology.

• Boston Scientific Corp (NYSE: BSX) was cut to Market Perform from Outperform at BMO. Cowen removed Boston Scientific from its Focus List citing superior clinical results from Abbott Laboratories' (ABT) drug-eluting stent, Xience V.

• Deutsche Bank downgraded Sunoco (NYSE: SUN) to Hold from Buy with a $72 target on valuation.

• CV Therapeutics (NASDAQ: CVTX) was downgraded at Deutsche Bank, to Sell from Hold with a $2 target. The downgrade was ahead of the full Ranexa Merlin PIII data to be presented at the American College of Cardiology on Tuesday, March 27th, as the firm believes it will fall short of generating sufficient positive data trends for supporting Ranexa's outlook.

• DaimlerChrysler (NYSE: DCX) was removed from JP Morgan's Focus List as the firm believes the potential divestiture of Chrysler is at least partially priced into shares; JP Morgan maintains an Overweight rating on the stock.

• Morgan Stanley cut Progressive Corp (NYSE: PGR) to Underweight from Equal-Weight.

• William Blair downgraded Kronos Inc (NASDAQ: KRON) to Market Perform from Outperform following the company's acquisition.

• Bank of America downgraded Paxar Corp (NYSE: PXR) to Neutral from Buy on news of Avery Dennison Corp's (AVY) acquisition of the company.

• Deutsche Bank cut Tesoro Corp (NYSE: TSO) to Sell from Hold with an $85 target.

• Goldman Sachs cut Volvo (NASDAQ: VOLV) to Neutral from Buy on valuation.

Analyst downgrades 3-26-07: Boston Scientific & Vonage downgraded today originally appeared on BloggingStocks on Mon, 26 Mar 2007 11:07:00 EST. Please see our terms for use of feeds.