These are not all of the calls we are seeing in pre-market coverage, but these are ten of the calls impacting shares this Wednesday morning:

• Allied Capital (NYSE: ALD) Started as Underweight at JPMorgan.
• AT&T (NYSE: T) raised to Outperform at Bernstein.
• Boeing (NYSE: BA) Cut to Sell from Neutral at Goldman Sachs.
• NASDAQ OMX (NASDAQ: NDAQ) Raised to Buy from Neutral at Piper Jaffray.
• Nelnet (NYSE: NNI) Raised to Outperform at FBR.
• Permian Basin Royalty Trust (NYSE: PBT) Raised to Buy from Hold at Citigroup.
• Polo Ralph Lauren (NYSE: RL) Raised to Market Perform from Underperform at Morgan Keegan.
• Regal Entertainment (NYSE: RGC) Raised to Outperform at BMO Capital.
• Tibco Software (NASDAQ: TIBX) Raised to Overweight at JPMorgan.
• Winn-Dixie (NASDAQ: WINN) Raised to Outperform from Market Perform at FBR.

Jon C. Ogg
June 25, 2008