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 7.16

+0.00 +0.00%
Volume: 7,197,462
Track AKS

AMSC 13.27

+0.77 +6.16%
Volume: 996,889
Track AMSC

ARD 24.35

+0.02 +0.08%
Volume: 470,047
Track ARD

BIDZ 4.03

+0.00 +0.00%
Volume: 103,802
Track BIDZ

CBS 7.31

+0.90 +14.04%
Volume: 17,122,385
Track CBS

GOOG 279.43

+4.32 +1.57%
Volume: 5,905,906
Track GOOG

HRC 19.89

+0.74 +3.86%
Volume: 982,043
Track HRC

ORCL 16.13

+0.34 +2.15%
Volume: 72,210,249
Track ORCL

PTV 23.92

+0.18 +0.76%
Volume: 2,925,501
Track PTV

STLD 7.11

+0.00 +0.00%
Volume: 6,530,019
Track STLD

X 27.63

+0.14 +0.51%
Volume: 6,497,500
Track X


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