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Notable Analyst Rating Changes 10/31: BBY, STM, JAH Upgraded; HBC, DO, GA, WBMD Downgraded

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    Last Updated: October 31st, 2008

    UPGRADES:
    JP Morgan and Morgan Stanley upgrade Best Buy (NYSE: BBY) to Neutral and Equalweight, respectively.

    UBS upgrades STMicroelectronics (NYSE: STM) from Sell to Neutral.

    Goldman Sachs upgrades Jarden Corp. (NYSE: JAH) from Neutral to Buy but lowers its price target from $25 to $22.

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

    DOWNGRADES:
    Goldman Sachs downgrades HSBC (NYSE: HBC) from Neutral to Sell.

    Jefferies & Co downgrades Diamond Offshore (NYSE: DO) from Buy to Hold.

    Pali Research downgrades Giant Interactive (NYSE: GA) from Buy to Neutral.

    Citi downgrades WebMD Corp (Nasdaq: WBMD) from Buy to Hold. Price target $24.

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

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