Top Pre-Market Stock Upgrades/Downgrades March 22, 2010

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

Upgrades:

• Boeing (BA) upgraded to Outperform from Underperform at Oppenheimer
• Citigroup (C) upgraded to Buy at Rochdale
• Medtronic (MDT) upgraded to Buy from Hold at Lazard Capital
• Standard Microsystems (SMSC) upgraded to Outperform from Perform at Morgan Keegan

Downgrades:

• Akamai Technologies (AKAM) downgraded to Hold from Buy at Citigroup
• General Maritme (GMR) downgraded to Neutral from Overweight at JP Morgan
• IAC/InterActive (IACI) downgraded to Neutral from Buy at UBS
• Jack in the Box (JACK) downgraded to Neutral from Overweight at JP Morgan
• Lockheed Martin (LMT) downgraded to Perform from Outperform at Oppenheimer
• OfficeMax (OMX) downgraded to Neutral from Buy at Goldman
• Verisign (VRSN) downgraded to Perform from Outperform at Oppenheimer

Coverage Initiated:

• 8×8 (EGHT) initiated with an Outperform at Northland Securities
• MasterCard (MA) initiated with a Buy at Argus
• Solar Capital (SLRC) initiated with a Buy at Ladenburg Thalmann

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