Top Pre-Market Analyst Upgrades (ADBE, APC, APSG, CENX, CRDN, CVS, DRI, GOOG, QCOM, STLD, SPWR, YUM)

There seemed to be more upgrades this morning than there were downgrades from Wall Street analysts.  Here is a snapshot of some of our key analyst calls we saw:

  • Adobe Systems (NASDAQ: ADBE) Started as Outperform at Credit Suisse.
  • Anadarko Petroleum (NYSE: APC) Raised to Outperform from Perform at Wachovia.
  • Applied Signal Tech (NASDAQ: APSG) Raised to Outperform at FBR.
  • Century Aluminum (NASDAQ: CENX) Raised to Outperform at FBR.
  • Ceradyne (NASDAQ: CRDN) Raised to Outperform at FBR.
  • CVS Caremark (NYSE: CVS) Started as Buy at Jefferies.
  • Darden Restaurants (NYSE: DRI) Started as Buy at Banc of America.
  • Google (NASDAQ: GOOG) started as Buy at Deutsche Bank.
  • Microsoft (N ASDAQ: MSFT) Started as Outperform at Credit Suisse.
  • Qualcomm (NASDAQ: QCOM) Added to Goldman Sachs Conviction Buy List.
  • Steel Dynamics (NASDAQ: STLD) Raised to Buy from Neutral at Citigroup.
  • Sunpower Corp. (NASDAQ: SPWR) Raised To Neutral from Underperform at Merrill Lynch.
  • Yum Brands (NYSE: YUM) Started as Buy at Banc of America.

Jon C. Ogg
July 11, 2008