Notable Analyst Rating Changes 11/11: GS, GLDD, JEC Upgraded; TSN, AA, TM, FMCN Downgraded

November 11, 2008 9:56 AM EST

UPGRADES:
Sandler O'Neill upgraded Goldman Sachs (NYSE: GS) from Hold to Buy.

Morgan Joseph upgrades Great Lakes Dredge & Dock Corporation (Nasdaq: GLDD) from Hold to Buy. Price target $6.

Credit Suisse upgrades Jacobs (NYSE: JEC) from Neutral to Outperform.

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

DOWNGRADES:
J.P. Morgan downgrades Tyson Foods (NYSE: TSN) from Overweight to Underweight.

Friedman Billings downgrades Alcoa (NYSE: AA) from Outperform to Market Perform and lowers their price target to $10.

HSBC Securities downgrades Toyota Motor (NYSE: TM) from Neutral to Underweight.

Oppenheimer downgrades Focus Media (Nasdaq: FMCN) from Outperform to Perform.

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

NEW COVERAGE:
Cowen & Co resumes coverage on Urban Outfitters (Nasdaq: URBN) with a Neutral.

Morgan Stanley initiates coverage on Dick's Sporting Goods (NYSE: DKS) with an Underweight.

Oppenheimer initiates coverage on VMware (NYSE: VMW) with a Perform rating.

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


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Stocks Mentioned

AA 13.47

+0.13 +0.97%
Volume: 25,342,096
Track AA

DKS 24.91

-0.07 -0.28%
Volume: 1,423,841
Track DKS

FMCN 12.81

-0.23 -1.76%
Volume: 2,583,974
Track FMCN

GLDD 6.93

-0.15 -2.12%
Volume: 657,198
Track GLDD

GS 176.51

-0.06 -0.03%
Volume: 7,246,237
Track GS

JEC 44.00

-1.29 -2.85%
Volume: 1,837,230
Track JEC

TM 76.40

-2.72 -3.44%
Volume: 661,221
Track TM

TSN 13.19

+0.09 +0.69%
Volume: 4,344,886
Track TSN

URBN 32.77

+0.08 +0.24%
Volume: 2,612,976
Track URBN

VMW 41.60

+0.54 +1.32%
Volume: 1,452,246
Track VMW


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