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 10.33

+0.04 +0.39%
Volume: 19,046,770
Track AA

DKS 44.34

+0.17 +0.38%
Volume: 1,825,998
Track DKS

FMCN 23.52

+0.05 +0.21%
Volume: 788,974
Track FMCN

GLDD 6.13

+0.06 +0.99%
Volume: 385,640
Track GLDD

GS 114.53

+0.41 +0.36%
Volume: 3,991,467
Track GS

JEC 46.29

+0.44 +0.96%
Volume: 921,193
Track JEC

TM 78.91

+0.52 +0.66%
Volume: 377,770
Track TM

TSN 19.04

+0.12 +0.63%
Volume: 3,088,265
Track TSN

URBN 27.02

+0.02 +0.07%
Volume: 1,201,800
Track URBN

VMW 96.73

+2.25 +2.38%
Volume: 1,854,269
Track VMW


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