Top Pre-Market Stock Upgrades/Downgrades April 30, 2010

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

Upgrades:

CommScope (CTV) upgraded to Outperform from Neutral at Baird; price target $39 from $28
Dendreon (DNDN) target raised to $62 from $38 at Needham, to $66 from $46 at JP Morgan
Eagle Bulk Shipping (EGLE) upgraded to Buy from Hold at Lazard; price target $7
Forward Air (FWRD) upgraded to Hold from Sell at Stifel Nicolaus
Shire Plc. (SHPGY) upgraded to Buy from Hold at Societe Generale
Skyworks Solutions (SWKS) target raised to $21 from $18 at Stifel Nicolaus
Trimble Navigation (TRMB) upgraded to Buy from Hold at Deutsche Bank
ValueClick (VCLK) upgraded to Buy from Neutral at Merriman
Varian Semiconductor (VSEA) upgraded to Buy from Hold at Deutsche Bank; price target $42 from $27
Volcom (VLCM) upgraded to Buy from Hold at Needham

Downgrades:

AthenaHealth (ATHN) downgraded to Perform from Outperform at Leerink Swann
ATP Oil & Gas (ATPG) downgraded to Hold from Buy at Wunderlich
Comcast Corporation (CMCSA) downgraded to Hold from Buy at Stifel Nicolaus
Halliburton (HAL) downgraded to Perform from Outperform at FBR Capital
MicroStrategy (MSTR) downgraded to Perform from Outperform at FBR Capital; price target $90 from $120
Transocean (RIG) downgraded to Perform from Outperform at FBR Capital

Coverage Initiated: