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 13.69

+0.15 +1.11%
Volume: 3,281,587
Track BX

DE 54.24

-0.16 -0.29%
Volume: 10,537,374
Track DE

GCA 7.86

+0.22 +2.88%
Volume: 461,945
Track GCA

ITRI 62.17

+0.53 +0.86%
Volume: 395,806
Track ITRI

MPEL 4.27

-0.14 -3.17%
Volume: 5,612,738
Track MPEL

OC 25.47

+0.37 +1.47%
Volume: 1,059,682
Track OC

PCG 43.44

-0.09 -0.21%
Volume: 2,362,266
Track PCG

SU 35.88

-1.15 -3.11%
Volume: 8,498,119
Track SU

UL 30.63

-0.06 -0.20%
Volume: 1,901,343
Track UL


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