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 17.41

-0.24 -1.36%
Volume: 6,099,131
Track AKS

AMSC 32.14

-0.86 -2.61%
Volume: 747,534
Track AMSC

ARD 43.68

+0.46 +1.06%
Volume: 645,777
Track ARD

BIDZ 2.98

+0.06 +2.05%
Volume: 80,659
Track BIDZ

CBS 13.05

-0.24 -1.81%
Volume: 11,350,663
Track CBS

GOOG 566.76

+4.25 +0.76%
Volume: 2,230,961
Track GOOG

HRC 21.35

+0.08 +0.38%
Volume: 335,236
Track HRC

ORCL 21.80

-0.03 -0.14%
Volume: 22,687,165
Track ORCL

PTV 24.10

+0.39 +1.64%
Volume: 2,391,858
Track PTV

STLD 14.53

-0.05 -0.34%
Volume: 3,888,425
Track STLD

X 38.08

-0.63 -1.63%
Volume: 9,530,444
Track X


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