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

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

Upgrades:

• Delta Air Lines (DAL) upgraded to Overweight from Neutral at JP Morgan; price target $18.50 from $14
• Endo Pharmaceuticals (ENDP) upgraded to Buy from Neutral at Goldman
• JA Solar (JASO) upgraded to Buy from Hold at ThinkEquity
• Southwest Air Lines (LUV) upgraded to Overweight from Underweight at JP Morgan; price target $17 from $12
• Sprint Nextel (S) upgraded to Outperform from Perform at Wells Fargo
• Suntech Power (STP) upgraded to Hold from Sell at ThinkEquity

Downgrades:

• Canadian Solar (CSIQ) downgraded to Hold form Buy at Collins Stewart
• ESCO Technologies (ESE) downgraded to Underperform from Perform at RBC Capital Markets
• Palm (PALM) downgraded to Underperform from Perform at Morgan Keegan
• Safeway (SFY) downgraded to Neutral from Outperform at Credit Suisse
• SanDisk (SNDK) downgraded to Underperform from Sector Perform at Pacific Crest
• Time Warner Tcom (TWTC) downgraded to Perform from Outperform at Wells Fargo

Coverage Initiated:

• Baltic Trading (BALT) initiated with a Buy at Jefferies; price target $20
• EMC (EMC) initiated with a Buy at Brean Murray; price target $23
• FSI International (FSII) initiated with a Buy at Needham; price target $5.50
• OpenTable (OPEN) initiated with a Neutral at Merriman

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