Top Pre-Market Stock Upgrades/Downgrades April 26, 2010

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

Upgrades:

• Cisco Systems (CSCO) target raised to $32 from $29 at Oppenheimer
• Dendreon (DNDN) target raised to $50 from $40 at Brean Murray
• Starwood Hotels & Resorts (HOT) upgraded to Buy from Hold at Stifel Nicolaus; price target $70
• Johnson Controls (JCI) upgraded to Outperform from Neutral at Baird; price target $42 from $33
• Medivation (MDVN) upgraded to Buy from Hold at Roth Capital; price target $14 from $10
• Netflix (NFLX) target raised to $120 from $96 at Caris
• Patriot Coal (PCX) target raised to $30 from $25 at Brean Murray
• RSC Holdings (RRR) upgraded to Buy from Hold at Deutsche Bank; price target $25

Downgrades:

• Apartment Investment (AIV) downgraded to Underperform from Perform at BMO Capital Markets
• Dell (DELL) downgraded to Hold from Buy at Standpoint Research
• Nokia (NOK) downgraded to Perform from Outperform at Bernstein
• Perry Ellis International (PERY) downgraded to Neutral from Buy at Global Hunter
• Silicon Laboratories (SLAB) downgraded to Underperform at Calyon
• Sohu.com (SOHU) downgraded to Neutral at UBS

Coverage Resumed:

• Myriad Genetics (MYGN) resumed with an Overweight at JP Morgan; price target $30

• Become A Funded Futures Trader