Top 10 Early Bird Analyst Upgrades & Downgrades (BBBY, BTI, PAG, VRTX, MT, STD, CRXL, FMCN, MR, OWW)

247wallst — Wed, 12 Nov 2008 07:06:37 +0000

These are the ten early bird analyst upgrades and downgrades we have seen early this morning with two and a half hours until the market opens:

Bed Bath & Beyond Raised (BBBY) Raised to Neutral from Sell at Goldman Sachs.
British American Tobacco (BTI) Raised to Buy at Goldman Sachs.
Penske Automotive (PAG) Raised to Buy at Goldman Sachs.
Vertex Pharmaceuticals (VRTX) Started as Buy at piper Jaffray.
Arcelor Mittal (MT) Cut to Sell from Buy at5 Citigroup.
Banco Santander (STD) Cut to Underweight at JPMorgan.
Crucell (CRXL) Cut to Hold at ING.
Focus Media (FMCN) Downgraded at Citigroup and Goldman Sachs (likely others as well).
Mindray Medical International (MR) Downgraded at Citigroup and Goldman Sachs.
Orbitz Worldwide (OWW) Cut to Sell at Goldman Sachs.

Jon C. Ogg
November 12, 2008

Posted in Analyst Calls Tagged: BBBY, BTI, CRXL, FMCN, MR, MT, OWW, PAG, STD, VRTX

24/7 Wall St. » PAG