Credit Suisse downgraded key power stocks: NRG Energy (NRG), Edison(EIX), and Entergy (ETR) all downgraded to Neutral on valuation afterlarge runs.
The top 10 individual analysts calls 24/7 Wall St. is looking at today:
- AbitibiBowater (ABH) started as Sell at Banc of America.
- Alkermes (ALKS) started as Overweight at J.P.Morgan.
- Applied Materials (AMAT) raised to Overweight at J.P.Morgan; raised to Buy at Citigroup; positive notes from Banc of America; stock up 3.5% pre-market.
- Diageo plc (DEO) started as Underweight at J.P.Morgan.
- eBay (EBAY) raised to Outperform at Piper Jaffray.
- Kanexa (KNXA) raised to Buy at Cantor Fitzgerald after major downgrades yesterday; stock indicated up 2% after yesterday’s mammoth drop.
- 3M (MMM) cut to Sell from Neutral at Goldman Sachs; stock indicated down 4%.
- Powerwave (PWAV) raised to Outperform at Piper Jaffray.
- Turkcell (TKC) cut to Neutral from Buy at UBS; stock indicated down 0.75% pre-market.
Jon C. Ogg
November 9, 2007