Notable Analyst Rating Changes 10/01: AA, CHU, BIG, BHI, OMX, FRPT Upgraded; SKS, RVSN, KBH, NVDA, PMCS, A Downgraded

October 1, 2009 11:14 AM EDT

UPGRADES:
Detusche Bank upgrades Alcoa (NYSE: AA) from Hold to Buy. Click here for the full report.

Credit Suisse upgrades China Unicom (NYSE: CHU) to Outperform.

JP Morgan upgrades Big Lots (NYSE: BIG) from Neutral to Overweight. Price target $30.

Sanford Bernstein raised its investment rating on Baker Hughes (NYSE: BHI) from Market Perform to Outperform.

FTN Capital upgrades OfficeMax (NYSE: OMX) from Neutral to Buy. Price target $18.

Collins Stewart upgrades Force Protection (Nasdaq: FRPT) to Buy. Price target $7. Click here to see some more color on the upgrade.

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

DOWNGRADES:
JPMorgan downgrades Saks (NYSE: SKS) from Overweight to Neutral, maintaining its $7 price target.

RadVision (Nasdaq: RVSN) downgraded at Morgan Keegan, RBC, Cantor Fitzgerald and Oscar Gruss.

Credit Suisse downgrades KB Home (NYSE: KBH) from Outperform to Neutral.

JPMorgan downgrades NVIDIA Corp. (Nasdaq: NVDA) from Neutral to Underweight. The firm maintained an $11.50 price target.

Goldman Sachs downgrades PMC-Sierra, Inc. (Nasdaq: PMCS) from Buy to Neutral.

Thomas Weisel downgrades Agilent Technologies (NYSE: A) from Overweight to Marketweight.

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

NEW COVERAGE:
Opperheimer starts Chesapeake (NYSE: CHK) at Outperform and Range Resources (NYSE: RRC) at Market Perform.

Soleil Securities initiated coverage on the major casino operators last night: Las Vegas Sands (NYSE: LVS) with a Buy rating and $20 price target, MGM MIRAGE (NYSE: MGM) with a Hold rating and $13 price target and Wynn Resorts (Nasdaq: WYNN) with a Hold rating and $80 price target.

Sandler O'Neill initiates coverage on AFLAC (NYSE: AFL) with a Hold rating. Price target $46.

Rodman & Renshaw initiating coverage on Star Bulk Carriers Corp. (NASDAQ: SBLK) with a Market Outperform. Price target $5.50.

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


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Special Reports

Stocks Mentioned

A 33.42

-0.04 -0.12%
Volume: 4,207,720
Track A

AA 14.26

-0.04 -0.28%
Volume: 44,634,164
Track AA

AFL 54.10

-0.72 -1.31%
Volume: 3,723,650
Track AFL

BHI 47.53

-1.84 -3.73%
Volume: 10,119,493
Track BHI

BIG 36.70

-0.27 -0.73%
Volume: 1,032,997
Track BIG

CHK 24.21

+0.42 +1.77%
Volume: 26,156,045
Track CHK

CHU 11.98

-0.10 -0.83%
Volume: 1,659,539
Track CHU

FRPT 6.12

-0.07 -1.13%
Volume: 960,449
Track FRPT

KBH 17.33

-0.31 -1.76%
Volume: 2,480,613
Track KBH

LVS 19.50

+0.22 +1.14%
Volume: 23,014,151
Track LVS

MGM 11.75

-0.16 -1.34%
Volume: 16,084,565
Track MGM

NVDA 17.25

-0.21 -1.20%
Volume: 14,615,438
Track NVDA

OMX 16.73

-0.44 -2.56%
Volume: 3,331,233
Track OMX

PMCS 8.83

-0.22 -2.43%
Volume: 2,415,837
Track PMCS

RRC 47.76

-1.55 -3.14%
Volume: 4,005,323
Track RRC

RVSN 6.53

+0.23 +3.65%
Volume: 44,536
Track RVSN

SBLK 2.85

+0.02 +0.71%
Volume: 409,869
Track SBLK

SKS 8.30

-0.19 -2.24%
Volume: 3,240,574
Track SKS

WYNN 71.75

-0.26 -0.36%
Volume: 2,489,987
Track WYNN


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