Top 10 Pre-Market Analyst Calls (AXP, COF, DFS, ATVI, HANS, JCP, LEN, MFE, SWHC, TGT, YGE)

These aren’t the only analyst calls we are watching, but these are the top ten that 247wallst.com is reviewing:

• Activision (NASDAQ: ATVI) raised to Buy from Neutral at Piper Jaffray.
• Hansen Natural (NASDAQ: HANS) started as Buy with $58 target at UBS.
• JC Penney (NYSE: JCP) raised to Overweight from equal weight at Lehman.
• Lennar (NYSE: LEN) downgraded to Hold from Buy at Deutsche Bank.
• McAfee (NYSE: MFE) downgraded to Market Perform from Outperform at FBR.
• Smith & Wesson (NASDAQ: SWHC) downgraded to Neutral at Cowen & Co, and downgraded to Underperform at Rodman & Renshaw.
• Sunpower (NASDAQ: SPWR) raised to Buy from Hold at Jefferies.
• Target (NYSE: TGT) downgraded to Neutral from Buy at Banc of America.
• Yingli Green Energy (NYSE: YGE) raised to Buy from Neutral at Banc of America.
• CREDIT CARD DOWNGRADES: Merrill Lynch downgrades American Express (NYSE: AXP), Capital One (NYSE: COF), and Discover Financial (NYSE: DFS).  Capital One (NYSE: COF) also downgraded to Underweight at Morgan Stanley.

Jon C. Ogg
December 7, 2007

Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.