StreetInsider.com Notable Analyst Rating Changes: UPGRADES: Deustche Bank upgrades Wachovia (NYSE: WB) from Hold to Buy, saying the stock is cheap versus franchise value and normalized EPS.
Goldman Sachs upgrades Chevron Corp. (NYSE: CVX) from Neutral to Buy and raised their price target from $93 to $115, citing attractive risk/reward.
William Blair upgrades Microchip (Nasdaq: MCHP) from Market Perform to Outperform.