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 15.32

-0.28 -1.79%
Volume: 3,287,126
Track BX

DE 48.35

-0.13 -0.27%
Volume: 4,317,514
Track DE

GCA 7.10

-0.10 -1.39%
Volume: 255,891
Track GCA

ITRI 62.92

-0.39 -0.62%
Volume: 673,181
Track ITRI

MPEL 4.63

-0.30 -6.09%
Volume: 33,946,485
Track MPEL

OC 24.25

+0.16 +0.66%
Volume: 860,694
Track OC

PCG 42.40

+0.56 +1.34%
Volume: 2,654,074
Track PCG

SU 35.19

-0.01 -0.03%
Volume: 7,413,319
Track SU

UL 30.65

+0.15 +0.49%
Volume: 1,762,002
Track UL


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