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 11.13

+0.00 +0.00%
Volume: 29,236,177
Track AMAT

CEG 26.23

-1.00 -3.67%
Volume: 451,484
Track CEG

COST 44.64

-1.15 -2.51%
Volume: 4,920,606
Track COST

CREE 29.29

-0.18 -0.61%
Volume: 921,098
Track CREE

CTAS 22.20

-0.86 -3.73%
Volume: 1,164,825
Track CTAS

DKS 27.56

+10.51 +61.64%
Volume: 442,399
Track DKS

GPS 28.76

+12.72 +79.30%
Volume: 437,606
Track GPS

OMX 29.94

+23.56 +369.28%
Volume: 435,295
Track OMX

ORCL 21.04

-0.70 -3.22%
Volume: 27,417,856
Track ORCL


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