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 12.99

-0.28 -2.11%
Volume: 46,762,566
Track AA

DKS 21.92

+1.16 +5.59%
Volume: 3,494,198
Track DKS

FMCN 14.59

+0.43 +3.04%
Volume: 2,067,533
Track FMCN

GLDD 6.10

+0.20 +3.39%
Volume: 160,379
Track GLDD

GS 167.24

+2.94 +1.79%
Volume: 10,411,031
Track GS

JEC 34.94

+0.23 +0.66%
Volume: 3,066,125
Track JEC

TM 84.30

-0.29 -0.34%
Volume: 742,812
Track TM

TSN 12.60

+0.15 +1.20%
Volume: 6,941,843
Track TSN

URBN 33.10

+0.62 +1.91%
Volume: 4,290,360
Track URBN

VMW 44.60

+2.41 +5.71%
Volume: 2,908,944
Track VMW


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