Monday, February 11, 2008

24/7 Wall St.

24/7 Wall St.

Top 10 Pre-Market Analyst Calls (AXP, BT, DRI, FMER, GSK, IBCP, LVLT, MSFT, NAPS, SNDK)

These are not the only analyst calls affecting stocks this morning, but these are the top calls that 247WallSt.com is focusing on:

  • American Express (NYSE: AXP) downgraded to Market Perform from Outperform at KBW.
  • BT Group (NYSE: BT) downgraded to Underperform at Credit Suisse.
  • Darden Restaurants (NYSE: DRI) initiated as Outperform at RBC.
  • First Merit (NASDAQ: FMER) downgraded to Underperform at Oppenheimer.
  • GlaxoSmithKline (NYSE: GSK) raised to Buy from Neutral at UBS.
  • Independent Bank (NASDAQ: IBCP) downgraded to Underperform at Oppenheimer.
  • Level 3 Communications (NASDAQ: LVLT) downgraded to Neutral from Outperform at Credit Suisse.
  • Microsoft (NASDAQ: MSFT) downgraded to Sector Perform from Outperform at RBC.
  • Napster (NASDAQ: NAPS) raised to Outperform at Bear Stearns.
  • SanDisk (NASDAQ: SNDK) initiated as Sell at Caris.

Markets in Europe were down slightly at 6.45 AM New York time.

The FTSE was off 4% to 5,760. BP (NYSE: BP) was up 1% to 552.5. GlaxoSmithKline (NYSE: GSK) was up 2.5% to 1,097.

The DAXX was down .2% to 6,755. Commerzbank was down 2.9% to 19.27. SAP (NYSE: SAP) was off .5% to 32.62.

The CAC 40 fell .6% to 4,683. Alcatel-Lucent (NYSE: ALU) fell 2.4% to 4.04. Societe Generale fell 3.2% to 75.26


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