Top Pre-Market Stock Upgrades/Downgrades May 3, 2010

Here is a list of this morning’s top companies upgrades, downgrades, and initiations by brokerage firms.

Upgrades:

  • Barnes Group (B) target raised to $26 from $20 at Oppenheimer
  • Digital River (DRIV) upgraded to Overweight from Equal Weight at First Analysis
  • Dr Pepper Snapple (DPS) upgraded to Buy from Hold at Stifel Nicolaus; price target $38
  • Ingram Micro (IM) upgraded to Buy from Neutral at Goldman
  • MarketAxess Holdings (MKTX) upgraded to Buy from Neutral at Sidoti & Co.
  • Pinnacle (PNK) upgraded to Buy from Neutral at Janney Montgomery Scott; price target $17
  • Silicon Motion (SIMO) upgraded to Buy from Neutral at Riley
  • Standard Microsystems (SMSC) upgraded to Buy from Hold at Capstone Investments; price target $33
  • Towers Watson (TW) upgraded to Buy from Hold at Citigroup; price target $60 from $52

Downgrades:

  • Goldman Sachs (GS) downgraded to Perform from Outperform at Keefe Bruyette; price target $165 from $195
  • Transocean (RIG) downgraded to Hold from Buy at Argus

Coverage Initiated:

  • Calix Networks (CALX) initiated with a Buy at UBS and Goldman
  • McDonald’s (MCD) initiated with an Overweight at Piper Jaffray; price target $85
  • MaxLinear (MXL) initiated with an Overweight at Thomas Weisel; price target $23
  • Tellabs (TLAB) initiated with a Neutral at Goldman

Be the first to comment

Leave a Reply

Your email address will not be published.


*