Notable Analyst Rating Changes 9/29: NCC, TRA, ANF, MRO Upgraded; AAPL, KSS, S, CMCSA Downgraded

September 29, 2008 10:04 AM EDT

UPGRADES:
Oppenheimer upgrades National City (NYSE: NCC) from Perform to Outperform with a $5 price target, citing valuation.

Goldman Sachs upgrades Terra Industries Inc. (NYSE: TRA) from Sell to Neutral.

Thomas Weisel upgrades Abercrombie & Fitch (NYSE: ANF) from Market Weight to Overweight.

Goldman Sachs upgrades Marathon Oil Corporation (NYSE: MRO) from Neutral to Buy with a $59 price target.

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

DOWNGRADES:
Morgan Stanley downgrades Apple (Nasdaq: AAPL) from Overweight to Equal Weight and cut its price target from $178 to $115.

Thomas Weisel downgrades Kohl's (NYSE: KSS) from Marketweight to Underweight. Price target $40.

Oppenheimer downgrades Sprint Nextel Corp. (NYSE: S) from Perform to Underperform

Oppenheimer downgrades Comcast Corp. (Nasdaq: CMCSA) from Perform to Underperform

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

NEW COVERAGE:
Merrill Lynch initiates coverage on Chesapeake Energy Corp. (NYSE: CHK) with a Buy rating and $58 price target.

Goldman Sachs initiates coverage on Alberto-Culver Co. (NYSE: ACV) with a Buy rating.

Collins Stewart initiates coverage on Hologic (Nasdaq: HOLX) with a Hold.

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


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Stocks Mentioned

AAPL 92.47

+3.54 +3.98%
Volume: 41,044,487
Track AAPL

ACV 21.99

+1.08 +5.16%
Volume: 1,003,479
Track ACV

ANF 16.82

+0.35 +2.13%
Volume: 5,950,072
Track ANF

CHK 14.25

-0.75 -5.00%
Volume: 30,299,939
Track CHK

CMCSA 16.00

+0.55 +3.56%
Volume: 27,016,745
Track CMCSA

HOLX 12.53

+0.32 +2.62%
Volume: 4,614,750
Track HOLX

KSS 30.70

+1.61 +5.53%
Volume: 5,300,353
Track KSS

MRO 24.02

+0.81 +3.49%
Volume: 9,396,967
Track MRO

NCC 1.69

+0.09 +5.63%
Volume: 33,447,891
Track NCC

S 2.66

+0.55 +26.07%
Volume: 38,738,277
Track S

TRA 12.41

-0.17 -1.35%
Volume: 3,666,920
Track TRA


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