Top Pre-Market Stock Upgrades/Downgrades May 19, 2010

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


  • Dreamworks Animation (DWA) upgraded to Buy at Caris
  • Limited Brands (LTD) upgraded to Overweight at JP Morgan
  • Macy’s (M) upgraded to Buy at Goldman
  • Spreadtrum (SPRD) upgraded to Neutral at Piper Jaffray


  • CompuCredit (CCRT) downgraded to Underperform at Keefe Bruyette
  • Portugal Telecom (PT) downgraded to Neutral at BNP Paribas
  • The TJX Companies (TJX) downgraded to Neutral at Goldman

Coverage Initiated:

  • AT&T (T) initiated with an Outperform at Cowen
  • Metals USA (MUSA) initiated with a Neutral at Goldman
  • Potash (POT) initiated with a Buy at Calyon
  • Rackspace Hosting (RAX) initiated with a Buy at Deutsche Bank; price target $25
  • Verizon Communications (VZ) initiated with a Neutral at Cowen

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