Top 10 Pre-Market Analyst Calls (AAI, AMR, BIDU, RATE, FSLR, FWLT, DNA, PCG, TOT, VRTX)

It might not be fair to only break out 10 analyst calls from the myriad of calls out there, because there are dozens to hundreds of changes daily.  Here are the key calls that 24/7 Wall St. is looking at today, besides the Cisco calls:

• AirTran (AAI) downgraded to Neutral from Buy at UBS.
• AMR Corp. (AMR) downgraded to Sell from Neutral at UBS.
• Baidu.com (BIDU) downgraded to Sector Perform from outperform at RBC Capital Markets; stock down 0.5%.
• Bankrate (RATE) downgraded at both RBC and at CIBC; stock indicated down $2 pre-market.
• First Solar (FSLR) raised to Outperform at CIBC; stock up 20+% pre-market after earnings.
• Foster Wheeler (FWLT) raised to Buy at Citigroup; stock up 3% pre-market.
• Genentech (DNA) added to Goldman Sachs’ Americas Conviction Buy List, but no change to $102 target; stock indicated up almost 1%.
• PG&E (PCG) raised to Buy at Jefferies.
• Total SA (TOT) raised to Overweight at J.P.Morgan.
• Vertex Pharma (VRTX) raised to Buy at Goldman Sachs; stock up 1.3% pre-market.

There are many other analyst calls not mentioned that will be having an impact on share prices, as always.

Jon C. Ogg
November 8, 2007