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 15.66

+0.34 +2.22%
Volume: 2,326,784
Track BX

DE 48.01

-0.34 -0.70%
Volume: 4,020,532
Track DE

GCA 7.23

+0.13 +1.83%
Volume: 350,006
Track GCA

ITRI 64.11

+1.19 +1.89%
Volume: 603,246
Track ITRI

MPEL 4.67

+0.04 +0.86%
Volume: 10,239,542
Track MPEL

OC 24.26

+0.01 +0.04%
Volume: 1,079,550
Track OC

PCG 42.01

-0.39 -0.92%
Volume: 1,404,496
Track PCG

SU 35.06

-0.13 -0.37%
Volume: 6,729,399
Track SU

UL 30.44

-0.21 -0.69%
Volume: 3,143,663
Track UL


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