Notable Analyst Rating Changes 11/26: PCG, ITRI, MPEL Upgraded; DE, BX, SU Downgraded

November 26, 2008 10:26 AM EST

UPGRADES:
Merrill Lynch upgrades PG&E Corp (NYSE: PCG) from Neutral to Buy.

UBS upgrades Itron (Nasdaq: ITRI) from Neutral to Buy.

Goldman Sachs upgrades Melco Crown Entertainment Ltd. (Nasdaq: MPEL) from Neutral to Buy.

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

DOWNGRADES:
Wachovia downgrades Deere & Co. (NYSE: DE) to Market Perform.

Morgan Stanley downgrades Blackstone (NYSE: BX) from Overweight to Equal Weight, citing risks from write-downs.

Merrill Lynch downgrades Suncor (NYSE: SU) from Buy to Underperform.

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

NEW COVERAGE:
Jefferies & Co initiates coverage on Unilever (NYSE: UL) with a Buy.

KeyBanc initiates coverage on Global Cash Access Holdings, Inc. (NYSE: GCA) with a Hold.

J.P. Morgan initiates coverage on Owens Corning (NYSE: OC) with a Neutral.

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


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Stocks Mentioned

BX 13.61

+0.07 +0.52%
Volume: 2,881,581
Track BX

DE 54.27

-0.13 -0.24%
Volume: 9,318,626
Track DE

GCA 7.81

+0.17 +2.23%
Volume: 363,894
Track GCA

ITRI 62.01

+0.37 +0.60%
Volume: 289,670
Track ITRI

MPEL 4.24

-0.17 -3.85%
Volume: 4,693,685
Track MPEL

OC 25.42

+0.32 +1.27%
Volume: 855,194
Track OC

PCG 43.27

-0.26 -0.60%
Volume: 1,972,934
Track PCG

SU 35.83

-1.20 -3.24%
Volume: 7,297,416
Track SU

UL 30.62

-0.07 -0.23%
Volume: 1,695,982
Track UL


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