Pre-Market Stock Upgrades/Downgrades Oct 1, 2009

By editor|Oct 1, 2009, 8:56 AM|Author's Website  

Below is a list of analyst upgrades, downgrades, and initiations in Wall Street research calls this Thursday morning with roughly 30 minutes until the market opens.

Analyst Upgrades:

  • Catalyst Pharmaceutical Partners (NASDAQ:CPRX) upgraded to Neutral from Sell at Merriman
  • Oppenheimer raises its price target on Apple Inc. (NASDAQ:AAPL) to $210 from $185
  • CRH Plc. (NYSE:CRH) upgraded to Buy from Hold at Citigroup
  • Martin Marietta (NYSE:MLM) upgraded to Hold from Sell at Citigroup
  • LifePoints Hospitals (NASDAQ:LPNT) upgraded to Buy from Hold at Soleil ; price target set at $32.75
  • Bronco Drilling (NASDAQ:BRNC) upgraded to Neutral from Sell at UBS
  • Pioneer Drilling (NYSE:PDC) upgraded to Neutral from Sell at UBS
  • First Cash (NASDAQ:FCFS) upgraded to Market Outperform from Market Perform at JMP Securities ; price target set at $23.50
  • Mellanox (NASDAQ:MLNX) upgraded to Overweight from Neutral at JP Morgan
  • Force Protection (NASDAQ:FRPT) upgraded to Buy from Hold at Collins Stewart ; price target set at $7
  • Patterson-UTI (NASDAQ:PTEN) upgraded to Neutral from Sell at UBS
  • PMC Sierra (NASDAQ:PMCS) upgraded to Overweight from Neutral at JP Morgan
  • Basic Energy Services (NYSE:BAS) upgraded to Neutral from Sell at UBS
  • East West Banc (NASDAQ:EWBC) upgraded to Outperform from Market Perform at Keefe Bruyette
  • Big Lots (NYSE:BIG) upgraded to Overweight from Neutral at JP Morgan
  • Ultra Petroleum (NYSE:UPL) upgraded to Neutral from Underperform at Credit Suisse
  • Southern Co (NYSE:SO) upgraded to Buy from Hold at Jefferies & Co
  • FBR Capital raises Actuant (NYSE:ATU) price target to $19 from $16
  • Con Edison (NYSE:ED) upgraded to Buy from Hold at Jefferies & Co
  • Alcoa (NYSE:AA) upgraded to Buy from Hold at Deutsche Securities
  • El Paso Electric (NYSE:EE) upgraded to Buy from Hold at Jefferies & Co
  • Public Storage (NYSE:PSA) upgraded to Market Perform from Underperform at Keefe Bruyette ;  price target raised to $75 from $57
  • Hospitality Props (NYSE:HPT) upgraded to Outperform from Market Perform at Keefe Bryette
  • First Niagara (NASDAQ:FNFG) upgraded to Buy from Hold at Stifel Nicolaus ; price target set at $16
  • DCT Industrial Trust (NYSE:DCT) upgraded to Outperform from Market Perform at Keefe Bryette
  • Saul Centers (NYSE:BFS) upgraded to Market Perform from Underperform at Keefe Bryette

Analyst Downgrades:

  • Microsoft (NASDAQ:MSFT)  downgraded to Buy from Conviction Buy at Goldman Sachs
  • France Telecom (NYSE:FTE) downgraded to Sell from Hold at Citigroup
  • Akamai Tech (NASDAQ:AKAM) downgraded to Sell from Neutral at Merriman
  • KB Home (NYSE:KBH) downgraded to Neutral from Outperform at Credit Suisse
  • NVIDIA Corp. (NASDAQ:NVDA) downgraded to Underweight from Neutral at JP Morgan
  • EnerNOC (NASDAQ:ENOC) downgraded to Neutral from Buy at Janney Montgomery Scott
  • MetroPCS (NYSE:PCS) downgraded to Neutral from Overweight at JP Morgan
  • Fairchild Semiconductor (NYSE:FCS) downgraded to Underweight from Neutral at JP Morgan
  • Leap Wireless (NASDAQ:LEAP) downgraded to Neutral from Overweight at JP Morgan
  • Atlantic Tele-Network (NASDAQ:ATNI) downgraded to Outperform from Strong Buy at Raymond James ; price target raised to $58
  • Agilent Technologies (NYSE:A) downgraded to Market Weight from Overweight at Thomas Weisel
  • Manpower (NYSE:MAN) downgraded to Hold from Buy at Citigroup
  • Credit Suisse lowers its price target on Iconix Brand (NASDAQ:ICON) to $13 from $20
  • Activision Blizzard (NASDAQ:ATVI) downgraded to Buy from Conviction Buy at Goldman Sachs
  • RADVision (NASDAQ:RVSN) downgraded to Sell from Buy at Cantor Fitzgerald
  • Saks (NYSE:SKS) downgraded to Neutral from Overweight at JP Morgan
  • Rockwood Holdings (NYSE:ROC) downgraded to Neutral from Outperform at Credit Suisse

Coverage Initiated:

  • O’Reilly Auto (NASDAQ:ORLY) initiated with an Overweight at Barclays Capital
  • Las Vegas Sands (NYSE:LVS) initiated with a Buy and a $20 price target at Soleil
  • Pride International (NYSE:PDE) initiated with an Outperform at Bernstein
  • Wynn Resorts (NASDAQ:WYNN) initiated with a Hold and a $80 price target at Soleil
  • Helmerich & Payne (NYSE:HP) initiated with an Outperform at Bernstein
  • ON Semiconductor (NASDAQ:ONNN) initiated with a Buy at Goldman Sachs
  • MGM Mirage (NYSE:MGM) initiated with a Hold and a $13 price target at Soleil
  • CardioNet (NASDAQ:BEAT) initiated with a Market Perform at William Blair
  • Smith International (NYSE:SII) initiated with an Outperform at Bernstein
  • Henry Schein (NASDAQ:HSIC) initiated with a Hold and a $57 price target at Jefferies & Co
  • AFLAC (NYSE:AFL) initiated with a Hold at Sandler O’Neill ; price target set at $46
  • Enterprise Acquisition (NYSE:EST) initiated with a Buy and price target of $11 at Ladenburg Thalmann
  • Medtronic (NYSE:MDT) initiated with a Market Outperform at JMP Securities
  • Diana Shipping (NYSE:DSX) initiated with a Buy and $20 price target at Deutsche Securities
  • NuVasive (NASDAQ:NUVA) initiated with a Market Outperform at JMP Securities
  • Frontline (NYSE:FRO) initiated with a Sell and $15 price target at Deutsche Securities
  • Primoris Services (NASDAQ:PRIM) initiated with a Hold at BB&T Markets
  • St. Jude Medical (NYSE:STJ) initiated with a Market Outperform at JMP Securities
  • WellCare Health Plans (NYSE:WCG) initiated with a Buy and a $48 price target at Collins Stewart
  • Navios Partners (NYSE:NVM) initiated with a Buy and a $15 price target at Deutsche Securities
  • Stryker (NYSE:SYK) initiated with a Market Perform at JMP Securities
  • Quanta Services (NYSE:PWR) initiated with a Hold at BB&T Markets
  • Eagle Bulk Shipping (NASDAQ:EGLE) initiated with a Sell and $3 price target at Deutsche Securities
  • Wright Medical (NASDAQ:WMGI) initiated with a Market Perform at JMP Securities
  • Boston Scientific (NYSE:BSX) initiated with a Market Perform at JMP Securities
  • Genco Shipping (NYSE:GNK) initiated with a Hold and $23 price target at Deutsche Securities
  • Acorn (NYSE:ATV) initiated with a Buy at Roth Capital ; price target set at $8
  • Zimmer Hldgs (NYSE:ZMH) initiated with a Market Perform at JMP Securities
  • Advance Auto (NYSE:AAP) initiated with an Equal Weight at  Barclays Capital
  • AutoZone (NYSE:AZO) initiated with an Equal Weight at  Barclays Capital
  • MYR Group (NASDAQ:MYRG) initiated with a Buy and a $30 price target at Maxim Group
  • Range Resources (NYSE:RRC) initiated with a Perform at Oppenheimer
  • Chesapeake Energy (NYSE:CHK) initiated with an Outperform and a $35 price target at Oppenheimer
  • IHS (NYSE:IHS) initiated with an Outperform and a $63 price target at Oppenheimer

Leave a Reply