Top Pre-Market Analyst Upgrades (ARO, AMGN, DPS, EDS, ENR, PCAR, PBR, RAH, SAP, URBN, V)

These are some of the analyst upgrades and positive calls we are seeing early this Tuesday morning:

• Aeropostale (ARO) Started as Buy at Goldman Sachs.
• Amgen (AMGN) Raised to Buy at Citigroup.
• Dr. Pepper Snapple (DPS) Raised to Buy at UBS.
• Electronic Data Systems (EDS) Raised to Neutral at Credit Suisse.
• Energizer Holdings (ENR) Raised To Overweight at Morgan Stanley.
• Paccar (PCAR) Started as Overweight at JPMorgan.
• Petro Brasileiro-Petrobras- (PBR) Started as Overweight at HSBC.
• Ralcorp (RAH) Raised to Buy at Lehman.
• SAP AG ADR (SAP) Raised to Buy at Deutsche Bank.
• Urban Outfitters (URBN) Started as Buy at Goldman Sachs.
• Visa (V) Started as Buy at KeyBanc.

Jon C. Ogg
July 29, 2008