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 16.04

+0.00 +0.00%
Volume: 2,600
Track BX

DE 87.55

+0.00 +0.00%
Volume: 11,443
Track DE

GCA 5.38

+0.00 +0.00%
Volume: 11,061
Track GCA

ITRI 41.45

+0.00 +0.00%
Volume: 5,768
Track ITRI

MPEL 11.53

+0.00 +0.00%
Volume: 6,358
Track MPEL

OC 33.85

+0.00 +0.00%
Volume: 2,409
Track OC

PCG 41.25

+0.00 +0.00%
Volume: 2,353
Track PCG

SU 33.80

+0.00 +0.00%
Volume: 3,050
Track SU

UL 32.43

+0.00 +0.00%
Volume: 614
Track UL


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