Top 10 Pre-Market Analyst Upgrades & Downgrades (RE, FIG, PRE, SGEN, TROW, AUY, NT, RICK, RDS.A, X)

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These are ten of the top analyst upgrades and downgrades we have seen this Monday morning with about 2 hours to the the open:

  • Everest Re (RE) to Outperform at Wachovia.
  • Fortress Investment (FIG) Raised to Hold from Sell at Citigroup.
  • PartnerRe (PRE) Raised to Outperform at Wachovia.
  • Seattle Genetics (SGEN) Raised to Outperform at Oppenheimer.
  • T. Rowe Price (TROW) Raised to Outperform at KBW; raised to Outperform at Wachovia.
  • Yamana Gold (AUY) Raised to Outperform at CIBC.
  • Nortel (NT) Cut to Neutral at UBS.
  • Rick’s Cabaret (RICK) Cut to Neutral at Merriman Curhan Ford.
  • Royal Dutch Shell (RDS.A) Cut to Underperform at Credit Suisse.
  • US Steel (X) Cut to Sell at UBS.

Jon C. Ogg
October 27, 2008