Top 10 Early Bird Analyst Upgrades & Downgrades (COGT, PSUN, RMD, NCTY, SAFM, UTHR, ARB, CS, CTRP, SUN)

November 19, 2008 by Douglas A. McIntyre

Money_stack_picThese are ten of the early bird analyst upgrades and downgrades we are seeing from Wall Street this Wednesday morning:

  • Cogent Inc. (COGT) Raised to Overweight at JPMorgan.
  • Pacific Sunwear (PSUN) Raised to Neutral from Sell at UBS.
  • ResMed (RMD) Started as Buy at Jefferies.
  • The9 Ltd. (NCTY) Raised to Hold from Sell at Citigroup.
  • Sanderson Farms (SAFM) Raised to neutral from Underweight at JPMorgan.
  • United Therapeutics (UTHR) Raised to Neutral from Sell at Piper Jaffray.
  • Arbitron (ARB) Cut to Neutral at JPMorgan.
  • Credit Suisse (CS) Cut to Sell from Neutral at UBS.
  • CTrip.com (CTRP) Cut to Sell from Buy at Citigroup; price target cut to $30.40 at Credit Suisse.
  • Sunoco (SUN) Cut to Sell from Hold at Deutsche Bank.

Jon C. Ogg
November 19, 2008