Below are some of the key general calls we are looking at in early pre-market trading:
- Anglogold (NYSE: AU) downgraded to Neutral from Buy at UBS.
- Cephalon (NASDAQ: CEPH) downgraded to Underperform at Morgan Stanley.
- Coca-Cola (NYSE: KO) raised to Outperform at Bear Stearns.
- Cox Radio (NYSE: CXR) downgraded to Equal Weight at Morgan Stanley.
- Moody’s (NYSE: MCO) raised to Buy from Hold at Citigroup.
- Novo Nordisk (NYSE: NVO) raised to Outperform at Bernstein.
- Urban Outfitters (NASDAQ: URBN) raised to Peer Perform a Bear Stearns.
- Walgreen (NYSE: WAG) raised to Buy from Neutral at UBS.
Cable & Satellite Initiations: UBS has initiated cable and satellite companies. Cablevision (NYSE: CVC), Comcast (NASDAQ: CMCSA), and Time Warner Cable (NYSE: TWC) were all started as neutral at UBS. DIRECTV (NYSE: DTV) was initiated as Buy and DISH Network (NASDAQ: DISH) was initiated with a Neutral rating.
Jon C. Ogg
February 8, 2008