Notable Analyst Rating Changes 10/9: HRC, PTV, ORCL Upgraded; X, AKS, GOOG, CBS Downgraded

October 9, 2008 10:02 AM EDT

UPGRADES:
Soleil Securities upgrades Hill-Rom Holdings (NYSE: HRC) from Trading Sell to Hold. Price target $25.

J.P. Morgan upgrades Pactiv (NYSE: PTV) from Neutral to Overweight.

Societe Generale upgrades Oracle (Nasdaq: ORCL) from Sell to Hold.

For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades

DOWNGRADES:
Goldman Sachs downgrades U.S. Steel (NYSE: X) and Steel Dynamics (Nasdaq: STLD) from Buy to Neutral. The firm also downgraded AK Steel (NYSE: AKS) from Neutral to Sell

Soleil Securities downgrades Google Inc. (Nasdaq: GOOG) from Buy to Hold and lowers their price target from $580 to $350.

Soleil Securities downgrades CBS Corp. (NYSE: CBS) from Buy to Hold. Price target lowered from $30 to $12.

For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades

NEW COVERAGE:
Stanford Group initiates coverage on American Superconductor (Nasdaq: AMSC) with a Hold rating.

Stanford Group initiates coverage on Bidz.com (Nasdaq: BIDZ) with a Hold rating.

RBC Capital initiates coverage on Arena Resources (NYSE: ARD) with an Outperform rating. Price target $52.

For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage


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Stocks Mentioned

AKS 10.74

+0.53 +5.19%
Volume: 10,135,383
Track AKS

AMSC 17.45

+0.30 +1.75%
Volume: 712,493
Track AMSC

ARD 30.27

+1.54 +5.36%
Volume: 1,110,130
Track ARD

BIDZ 4.23

-0.24 -5.37%
Volume: 54,517
Track BIDZ

CBS 8.70

-0.21 -2.36%
Volume: 8,665,282
Track CBS

GOOG 328.05

+6.73 +2.09%
Volume: 4,890,563
Track GOOG

HRC 15.97

-0.98 -5.78%
Volume: 1,061,548
Track HRC

ORCL 18.09

-0.32 -1.74%
Volume: 28,309,422
Track ORCL

PTV 24.25

-0.77 -3.08%
Volume: 2,130,755
Track PTV

STLD 12.76

+0.41 +3.32%
Volume: 6,959,492
Track STLD

X 39.48

-0.03 -0.08%
Volume: 10,908,846
Track X


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