Notable Analyst Rating Changes 10/9: HRC, PTV, ORCL Upgraded; X, AKS, GOOG, CBS Downgraded

October 9, 2008 10:02 AM EDT

UPGRADES:
Soleil Securities upgrades Hill-Rom Holdings (NYSE: HRC) from Trading Sell to Hold. Price target $25.

J.P. Morgan upgrades Pactiv (NYSE: PTV) from Neutral to Overweight.

Societe Generale upgrades Oracle (Nasdaq: ORCL) from Sell to Hold.

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

DOWNGRADES:
Goldman Sachs downgrades U.S. Steel (NYSE: X) and Steel Dynamics (Nasdaq: STLD) from Buy to Neutral. The firm also downgraded AK Steel (NYSE: AKS) from Neutral to Sell

Soleil Securities downgrades Google Inc. (Nasdaq: GOOG) from Buy to Hold and lowers their price target from $580 to $350.

Soleil Securities downgrades CBS Corp. (NYSE: CBS) from Buy to Hold. Price target lowered from $30 to $12.

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

NEW COVERAGE:
Stanford Group initiates coverage on American Superconductor (Nasdaq: AMSC) with a Hold rating.

Stanford Group initiates coverage on Bidz.com (Nasdaq: BIDZ) with a Hold rating.

RBC Capital initiates coverage on Arena Resources (NYSE: ARD) with an Outperform rating. Price target $52.

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


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Stocks Mentioned

AKS 7.16

+0.36 +5.29%
Volume: 7,178,734
Track AKS

AMSC 12.50

+1.48 +13.43%
Volume: 854,322
Track AMSC

ARD 24.33

+1.32 +5.74%
Volume: 718,622
Track ARD

BIDZ 4.03

+0.11 +2.81%
Volume: 91,126
Track BIDZ

CBS 6.41

+0.58 +9.95%
Volume: 13,952,006
Track CBS

GOOG 275.11

+9.12 +3.43%
Volume: 5,840,971
Track GOOG

HRC 19.15

-0.42 -2.15%
Volume: 1,110,630
Track HRC

ORCL 15.79

+0.32 +2.07%
Volume: 41,703,314
Track ORCL

PTV 23.74

+0.42 +1.80%
Volume: 2,778,570
Track PTV

STLD 7.11

+0.30 +4.41%
Volume: 8,253,567
Track STLD

X 27.49

+1.85 +7.22%
Volume: 9,771,323
Track X


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