Earlybird TMT Analyst Calls (ADBE, AEIS, ASML, CLWR, DT, LRCX, MVL, TI, VRGY, YHOO)

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By Douglas A. McIntyre Published

These are the early bird calls we are seeing in telecom, media, and tech:

  • Adobe Systems (NASDAQ: ADBE) raised to Overweight from Equal Weight at Morgan Stanley.
  • Advanced Energy Industries (NASDAQ: AEIS) raised to Buy from neutral at Goldman Sachs.
  • ASML Holding NV (ASML) Raised to Buy from Neutral at Goldman Sachs, but slight lowering of estimates.
  • Clearwire (NASDAQ: CLWR) raised to Hold from Sell at at Citigroup.
  • Deutsche Telekom (NYSE: DT) raised to Overweight from Equalweight, but target cut to EUR13 from EUR 14.50.
  • Lam Research (NASDAQ: LRCX) raised to Goldman Sachs Conviction Buy List from Sell at Goldman Sachs.
  • Marvel Enterprises (NYSE: MVL) raised to Outperform at RBC.
  • Telecom Italia (NYSE: TI) raised to Outperform at Bernstein.
  • Verigy (NASDAQ: VRGY) removed from Goldman Sachs Conviction Buy List on valuation.
  • Yahoo! (NASDAQ: YHOO) Downgraded to Underweight from Market Weight at Thomas Weisel.

Jon C. Ogg
June 24, 2008

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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