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 a673b.bigscoots-temp.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.

Jon C. Ogg
February 11, 2008

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