Top Pre-Market Stock Upgrades/Downgrades May 24, 2010

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

Upgrades:

  • Citigroup (C) upgraded to Buy at Goldman
  • Exxon Mobil (XOM) upgraded to Outperform at RBC Capital
  • First Solar (FSLR) upgraded to Buy at Auriga; price target $138
  • Intel (INTC) upgraded to Buy at ThinkEquity; price target $25
  • Leap Wireless International (LEAP) upgraded to Outperform at Raymond James
  • Priceline.com (PCLN) upgraded to Buy at Soleil; price target $230
  • Sprint Nextel (S) upgraded to Buy at Goldman
  • Tech Data (TECD) upgraded to Outperform at Raymond James
  • Tenet Healthcare (THC) upgraded to Overweight at JP Morgan; price target $8 from $7
  • Transocean (RIG) upgraded to Outperform at FBR Capital

Downgrades:

  • Canadian Solar (CSIQ) downgraded to Hold at Auriga; price target $13 from $21
  • DreamWorks Animation (DWA) downgraded to Perform at Pacific Crest
  • Holly (HOC) downgraded to Neutral at Goldman
  • RC2 Corporation (RCRC) downgraded to Neutral at Baird
  • Wells Fargo (WFC) downgraded to Neutral at Goldman

Coverage Initiated:

  • Acorn Energy (ACFN) initiated with a Buy at Merriman

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