These are ten of the analyst calls with upgrades and downgrades we are focusing on this Monday morning in pre-market trading:
- Acme Packet (NASDAQ: APKT) cut to Underweight at JPMorgan; cut to Neutral at Piper Jaffray.
- ARM Holdings (NASDAQ: ARMH) raised to Buy at UBS.
- Broadcom (NASDAQ: BRCM) raised to Buy at Piper Jaffray.
- Calpine (NYSE: CPN) downgraded to Equal-Weight at Lehman Brothers.
- Disney (NYSE: DIS) cut to Underweight at Lehman Brothers.
- Juniper Networks (NASDAQ: JNPR) raised to Buy at Piper Jaffray.
- Kindred Healthcare (NYSE: KND) raised to Outperform at Friedman Billings.
- Merck (NYSE: MRK) downgraded to Neutral from Buy at UBS.
- On2 Technologies (AMEX: ONT) downgraded to Neutral from Buy at Merriman Curhan Ford.
- Suncor Energy (NYSE: SU) raised to Overweight at JP Morgan; raised to Outperform at Friedman Billings.
Jon C. Ogg
July 7, 2008