24/7 Wall St.

Pre Market Movers - 24/7 Wall St.

Top 10 Pre-Market Analyst Calls (MT, T, CRA, ELC, WFR, MSFT, OVTI, RDS, TEN, TXT)

These are not the only upgrades and downgrades on stocks this morning, but these are the main ones that 247WallSt.com is focusing on in early pre-market hours:

• Arcelor Mittal (NYSE: MT) raised to Buy from Hold at Deutsche Bank; also raised to Buy from Hold at Citigroup.
• AT&T (NYSE: T) downgraded to Buy from Hold at Citigroup.
• Celera (NYSE: CRA) downgraded to Neutral at Piper Jaffray.
• Emulex (NYSE: ELX) raised to Outperform at FBR.
• MEMC (NYSE: WFR) raised to Buy from Neutral at Piper Jaffray.
• Microsoft (NASDAQ: MSFT) estimates raised and target raised to $42 at Goldman Sachs.
• OmniVision Tech (NASDAQ: OVTI) raised to Outperform from Neutral at Baird.
• Royal Dutch Shell (NYSE: RDS-A) downgraded to Underweight from Neutral at JPMorgan.
• Tenneco Inc. (NYSE: TEN) raised to Outperform at Bear Stearns.
• Textron (NYSE: TXT) raised to Buy from Hold at Citigroup.
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Media Digest 1/25/2008 Reuters, WSJ, NYTimes, FT, Barron's

According to Reuters, Microsoft (MSFT) posted a 79% increase in proffits.

Reuters writes that Alan Greenspan says the US is not yet in a recession.

Reuters reports that the CEO of Sony (SNE) says sales are good this quarter.

Reuters writes that that head of Burger King (BKC) says "It is a very counter-cyclical industry."

Reuters reports that the top bidders in the FCC spectrum auction put up $2.4 billion.

The Wall Street Journal writes that sovereign funds and their US financial targets have used lobbiests to keep government interference down.

The Wall Street Journal writes that Ford's loss highlights how long the road to profit will be.

The Wall Street Journal reports that Nintendo's profits surged due to sales of the Wii and DS.

The New York Times writes that The Wall Street Journal intends to continue to charge for its online edition.

The FT writes that private equity firms are thinking of starting their own bond insurers to compete with MBIA (MBI) and Ambac (ABK).

Barron's writes that Broadcom (BRCM) beat Wall St EPS estimates.

Bloomberg reports that there are rumors financiar Wilbur Ross will take over Ambac.