Top 10 Pre-Market Analyst Calls (CS, DB, UBS, ASML, IFX, PHG, ETFC, FCEL, MHK, PLUG, TMX, VLO, WNR)

These are not teh only impact analyst calls today impacting stocks, but these are the key calls that 24/7 Wall St. is focusing on.  This isn’t exactly 10 if you look at the bullet points, but that is because some of the research calls are multi-stock calls:

• BEAR STEARNS Downgrades key European investment banking names: Credit Suisse (CS) and Deutsche Bank (DB) both downgraded to Underperform from Peer Perform ratings; UBS AG downgraded from Outperform to Peer Perform rating.
• EU CHIP & TECH: ASML Holdings (ASML), Infineon (IFX), and Royal Philips Electronics (PHG) all started as Buy at UBS.
• E*Trade (ETFC) downgraded to Market Perform from Outperform at BMO Capital Markets; Credit Suisse cut its price target to $4.00; Goldman Sachs cautions that a takeover is unlikely near-term..
• Fuel Cell (FCEL) started as Overweight at JPMorgan.
• Plug Power (PLUG) started as Underweight at JPMorgan.
• Telmex (TMX) raised to Neutral at JPMorgan.
• Valero (VLO) & Western Refining (WNR) were both raised to Buy at Banc of America.  Mohawk (MHK) downgraded to Sell from Neutral at Banc of America.

Jon C. Ogg
November 30, 2007

Are You Still Paying With a Debit Card?

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