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


Related Categories

Special Reports

Stocks Mentioned

AMAT 8.99

+0.11 +1.24%
Volume: 19,257,364
Track AMAT

CEG 25.15

+1.22 +5.10%
Volume: 3,345,188
Track CEG

COST 50.10

+2.19 +4.57%
Volume: 6,138,411
Track COST

CREE 15.69

+0.71 +4.74%
Volume: 1,583,884
Track CREE

CTAS 22.43

-0.01 -0.04%
Volume: 2,959,018
Track CTAS

DKS 12.14

+0.69 +6.03%
Volume: 2,950,181
Track DKS

GPS 12.23

-0.17 -1.37%
Volume: 11,336,874
Track GPS

OMX 4.90

+0.40 +8.89%
Volume: 1,487,015
Track OMX

ORCL 15.79

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


Related Entities


Add Your Comment