Top Pre-Market Upgrades/Downgrades (AMLN, MT, PHM, AKAM, DO, LGF, JBLU, DAL)

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

Upgrades:

  • Amylin Pharmaceuticals (AMLN) upgraded to Overweight at Piper Jaffray
  • ArcelorMittal (MT) upgraded to Buy at Collins Stewart
  • Ceragon Networks (CRNT) upgraded to Buy at Merriman
  • PulteGroup (PHM) upgraded to Buy at Citigroup

Downgrades:

  • Akamai Technologies (AKAM) downgraded to Hold at Citigroup
  • CDC (CHINA) downgraded to Neutral at Janney Montgomery Scott
  • Diamond Offshore Drilling (DO) downgraded to Market Perform at Raymond James
  • Fuel Systems Solutions (FSYS) downgraded to Neutral at Janney Montgomery Scott
  • Lions Gate Entertainment (LGF) downgraded to Market Perform at BMO Capital

Coverage Initiated:

  • AirTran (AAI) initiated with a Buy at Deutsche Bank
  • AMR (AMR), Continental Airlines (CAL), Delta Air Lines (DAL), JetBlue Airways (JBLU), Pinnacle Airlines (PNCL), Southwest Airlines (LUV), US Airways (LCC), initiated with a Buy at Deutsche Bank

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