Top Pre-Market Stock Upgrades/Downgrades May 10, 2010

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

Upgrades:

  • BP (BP) upgraded to Outperform from Perform at Berstein
  • Cbeyond (CBEY) upgraded to Perform from Underperform at RBC Capital Markets
  • Cemex (CX) upgraded to Outperform from Neutral at Credit Suisse
  • Boeing (BA) and OfficeMax (OMX) upgraded to Buy from Neutral at Goldman
  • Eagle Bulk Shipping (EGLE) upgraded to Neutral from Underweight at JP Morgan
  • Hologic (HOLX) upgraded to Buy at Craig-Hallum
  • Nu Skin Enterprises (NUS) upgraded to Buy from Hold at Stifel Nicolaus; price target $32
  • Rubicon Technology (RBCN) upgraded to Outperform from Perform at Oppenheimer; price target $30
  • SunPower (SPWRA) upgraded to Hold from Sell at Auriga USA
  • Yahoo! (YHOO) upgraded to Positive from Neutral at Susquehanna

Downgrades:

  • Cablevison Systems (CVC) and Comcast (CMCSA) downgraded to Perform from Outperform at Bernstein
  • General Dynamics (GD) downgraded to Neutral from Buy at Goldman
  • Rackspace Hosting (RAX) downgraded to Hold from Buy at ThinkEquity

Coverage Initiated:

  • Compuware (CPWR) initiated with an Outperform at Northland Securities; price target $9.50
  • SS&C Technologies (SSNC) initiated with a Buy at Jefferies; price target $19
  • Telestone Technologies (TSTC) initiated with a Buy at Roth; price target $20
  • Walgreens (WAG) initiated with a Buy at Lazard; price target $42

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