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 12.93

-0.02 -0.15%
Volume: 8,767,218
Track AMAT

CEG 36.34

-0.12 -0.33%
Volume: 1,015,195
Track CEG

COST 83.90

-0.30 -0.36%
Volume: 1,315,186
Track COST

CREE 27.71

-0.64 -2.26%
Volume: 2,702,967
Track CREE

CTAS 38.30

+0.62 +1.65%
Volume: 787,348
Track CTAS

DKS 44.27

+0.10 +0.23%
Volume: 1,597,043
Track DKS

GPS 21.69

+0.10 +0.46%
Volume: 3,675,187
Track GPS

OMX 5.68

+0.06 +1.07%
Volume: 2,048,138
Track OMX

ORCL 28.44

-0.06 -0.21%
Volume: 16,344,607
Track ORCL


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