Top Pre-Market Upgrades/Downgrades (AMKR, CELG, TROW, NFLX, SAPE, SNDA, AONE, CLWR, EBAY)

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

Upgrades:

• Amkor Technology (AMKR) upgraded to Buy at Deutsche Bank
• Celgene (CELG) upgraded to Neutral at Cowen
• Mercer International (MERC) upgraded to Outperform at BMO Capital
• The Finish Line (FINL) upgraded to Buy at Citigroup
• T. Rowe Price Group (TROW) upgraded to Outperform at Wells Fargo

Downgrades:

• Netflix (NFLX) downgraded to Hold at Stifel Nicolaus
• Noble (NE) downgraded to Outperform at Credit Agricole
• Sapient (SAPE) downgraded to Hold at Stifel Nicolaus
• Shanda Interactive Entertainment (SNDA) downgraded to Sell at Goldman Sachs
• VIVUS (VVUS) downgraded to Hold at Lazard

Coverage Initiated:

• A123 Systems (AONE) initiated with a Hold at Needham
• Clearwire (CLWR) initiated with a Buy at BTIG
• eBay (EBAY) initiated with a Hold at ThinkEquity
• Ener1 (HEV) initiated with a Buy at Needham; price target $6
• First Solar (FSLR) initiated with an Outperform at Credit Agricole
• Jazz Pharmaceuticals (JAZZ) initiated with a Buy at Capstone; price target $11.50
• Valence Technology (VLNC) initiated with a Buy at Needham; price target $1.50