Notable Analyst Rating Changes 9/19: CREE, ORCL, GPS Upgraded; CEG, CTAS, OMX Downgraded

September 19, 2008 10:21 AM EDT

UPGRADES:
Oppenheimer upgrades Cree (Nasdaq: CREE) from Perform to Outperform. Price target $31.

Piper Jaffray upgrades Oracle Corporation (Nasdaq: ORCL) from Neutral Buy.

Goldman Sachs upgrades Gap Inc. (NYSE: GPS) from Neutral to Buy.

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

DOWNGRADES:
BofA downgrades Constellation Energy Group (NYSE: CEG) from Buy to Neutral.

Citi downgrades Cintas (Nasdaq: CTAS) from Hold to Sell.

Friedman Billings Ramsey downgrades OfficeMax (NYSE: OMX) from Outperform to Market Perform.

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

NEW COVERAGE:
Lehman Bros. initiates coverage on Dick's Sporting Goods (NYSE: DKS) with an Overweight.

BMO Capital initiates coverage on Costco (Nasdaq: COST) with a Market Perform rating.

Soleil Securities initiates coverage on Applied Materials (Nasdaq: AMAT) with a Buy. Price target $20.50.

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


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Stocks Mentioned

AMAT 13.27

+0.27 +2.08%
Volume: 17,485,452
Track AMAT

CEG 32.13

-0.31 -0.96%
Volume: 1,048,270
Track CEG

COST 60.33

+0.29 +0.48%
Volume: 1,826,798
Track COST

CREE 46.40

+0.55 +1.20%
Volume: 955,909
Track CREE

CTAS 29.00

+0.02 +0.07%
Volume: 313,532
Track CTAS

DKS 24.83

-0.08 -0.32%
Volume: 1,222,657
Track DKS

GPS 22.55

-0.13 -0.57%
Volume: 4,600,953
Track GPS

OMX 12.24

-0.15 -1.21%
Volume: 661,412
Track OMX

ORCL 21.88

+0.08 +0.37%
Volume: 11,225,366
Track ORCL


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