Notable Analyst Rating Changes 9/29: NCC, TRA, ANF, MRO Upgraded; AAPL, KSS, S, CMCSA Downgraded

September 29, 2008 10:04 AM EDT

UPGRADES:
Oppenheimer upgrades National City (NYSE: NCC) from Perform to Outperform with a $5 price target, citing valuation.

Goldman Sachs upgrades Terra Industries Inc. (NYSE: TRA) from Sell to Neutral.

Thomas Weisel upgrades Abercrombie & Fitch (NYSE: ANF) from Market Weight to Overweight.

Goldman Sachs upgrades Marathon Oil Corporation (NYSE: MRO) from Neutral to Buy with a $59 price target.

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

DOWNGRADES:
Morgan Stanley downgrades Apple (Nasdaq: AAPL) from Overweight to Equal Weight and cut its price target from $178 to $115.

Thomas Weisel downgrades Kohl's (NYSE: KSS) from Marketweight to Underweight. Price target $40.

Oppenheimer downgrades Sprint Nextel Corp. (NYSE: S) from Perform to Underperform

Oppenheimer downgrades Comcast Corp. (Nasdaq: CMCSA) from Perform to Underperform

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

NEW COVERAGE:
Merrill Lynch initiates coverage on Chesapeake Energy Corp. (NYSE: CHK) with a Buy rating and $58 price target.

Goldman Sachs initiates coverage on Alberto-Culver Co. (NYSE: ACV) with a Buy rating.

Collins Stewart initiates coverage on Hologic (Nasdaq: HOLX) with a Hold.

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


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Stocks Mentioned

AAPL 222.25

-2.40 -1.07%
Volume: 19,972,869
Track AAPL

ACV 27.30

-0.04 -0.15%
Volume: 1,585,513
Track ACV

ANF 43.91

-0.76 -1.70%
Volume: 2,333,370
Track ANF

CHK 24.21

+0.42 +1.77%
Volume: 26,156,045
Track CHK

CMCSA 17.53

-0.14 -0.79%
Volume: 24,170,681
Track CMCSA

HOLX 18.67

-0.89 -4.55%
Volume: 8,233,826
Track HOLX

KSS 55.26

+0.78 +1.43%
Volume: 4,787,188
Track KSS

MRO 31.98

-0.12 -0.37%
Volume: 8,693,118
Track MRO

NCC 1.81

+0.00 +0.00%
Volume: 106,343,355
Track NCC

S 3.76

-0.04 -1.05%
Volume: 59,179,613
Track S

TRA 45.70

-0.18 -0.39%
Volume: 8,261,048
Track TRA


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