Notable Analyst Rating Changes 11/19: PSUN, LPX, SJM, SAFM Upgraded; SUN, SOL, GLW, CTRP Downgraded

November 19, 2008 9:48 AM EST

UPGRADES:
Citi and UBS upgrade Pacific Sunwear (Nasdaq: PSUN) to Hold and Neutral, respectively.

BMO Capital upgrades Louisiana-Pacific (NYSE: LPX) from Underperform to Market Perform.

Merrill Lynch upgrades J.M. Smucker (NYSE: SJM) from Underperform to Buy.

J.P. Morgan upgrades Sanderson Farms (Nasdaq: SAFM) from Underweight to Neutral.

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

DOWNGRADES:
Deutsche Bank downgrades Sunoco Inc. (NYSE: SUN) from Hold to Sell.

Credit Suisse and Libertas Capital downgrade ReneSola (NYSE: SOL) to Neutral and Hold, respectively.

Merrill Lynch downgrades Corning Inc. (NYSE: GLW) from Buy to Neutral.

Citi downgrades Ctrip.com (Nasdaq: CTRP) from Buy to Sell. Price target slashed from $53 to $18.

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

NEW COVERAGE:
Jefferies & Co. initiates coverage on St. Jude Medical (NYSE: STJ) with a Hold rating.

Jefferies & Co initiates coverage on ResMed (NYSE: RMD) with a Buy.

Thomas Weisel initiates coverage on Live Nation (NYSE: LYV) with an Overweight rating.

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


Related Categories

Special Reports

Stocks Mentioned

CTRP 44.60

-2.06 -4.41%
Volume: 792,292
Track CTRP

GLW 26.28

+10.70 +68.68%
Volume: 436,139
Track GLW

LPX 3.74

+0.16 +4.47%
Volume: 2,432,986
Track LPX

LYV 4.40

-0.65 -12.87%
Volume: 1,837,757
Track LYV

PSUN 3.16

-0.20 -5.95%
Volume: 571,003
Track PSUN

RMD 25.11

-15.28 -37.83%
Volume: 439,483
Track RMD

SAFM 46.98

+0.47 +1.01%
Volume: 351,119
Track SAFM

SJM 26.26

-22.72 -46.39%
Volume: 437,937
Track SJM

SOL 29.88

+24.31 +436.45%
Volume: 451,942
Track SOL

STJ 28.60

-12.09 -29.71%
Volume: 442,084
Track STJ

SUN 26.27

+2.75 +11.69%
Volume: 444,847
Track SUN


Related Entities


Add Your Comment