Early Bird Analyst Upgrades & Downgrades (AZ, CEO, DAI, BEN, GRMN, SE, TEF)

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These are the early bird analyst calls from Wall Street that we have seen early this Wednesday morning with about 3 hours until the market opens:

  • Allianz (NYSE: AZ) Cut to Neutral at JPMorgan.
  • CNOOC (NYSE: CEO) Cut to Sell at UBS.
  • Daimler (NYSE: DAI) Raised to Buy at Goldman Sachs.
  • Franklin Resources (NYSE: BEN) Cut to Market Perform at KBW.
  • Garmin (NASDAQ: GRMN) Cut to Neutral at Baird.
  • Spectra Energy (NYSE: SE) Cut to Market Perform at Wachovia.
  • Telefonica (NYSE: TEF) Cut to Hold at Deutsche Bank.