Top Pre-Market Stock Upgrades/Downgrades April 7, 2010

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

Upgrades:

• AutoChina International (AUTC) upgraded to Outperform from Perform at Rodman & Renshaw; price target $45
• CIBER (CBR) upgraded to Outperform from Neutral at Baird; price target $5 from $4
• KeyCorp (KEY) upgraded to Buy from Neutral at Goldman
• Nokia (NOK) upgraded to Buy from Neutral at UBS

Downgrades:

• Las Vegas Sands (LVS) downgraded to Neutral from Buy at UBS
• PAREXEL International (PRXL) downgraded to Perform from Outperform at Wells Fargo
• Sony (SNE) downgraded to Hold from Buy at Citigroup
• Trimble Navigation (TRMB) downgraded to Underperform from Neutral at Wedbush

Coverage Initiated:

• Alphatec Holdings (ATEC) initiated with a Buy at Maxim; price target $8
• Cepheid (CPHD) initiated with an Outperform at Wedbush; price target $22
• Eagle Bulk Shipping (EGLE) initiated with a Perform at FBR Capital
• Genco Shipping & Trading Limited (GNK) initiated with an Outperform at FBR Capital
• IDEXX Laboratories (IDXX) initiated with a Buy at Kaufman; price target $70
• Navios Maritime Holdings (NM) initiated with an Outperform at FBR Capital
• NPS Pharmaceuticals (NPSP) initiated with a Buy at Needham; price target $9
• Safe Bulkers (SB) initiated with an Outperform at FBR Capital
• Sequenom (SQNM) initiated with an Underperform at Wedbush; price target $0.50
• Staples (SPLS) initiated with an Overweight at Barclays Capital
• Quidel (QDEL) initiated with a Neutral at Wedbush; price target $15
• WaferGen Bio-Systems (WGBS) initiated with a Buy at Hapoalim Securities; price target $8

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