Early-Bird Analyst Upgrades & Downgrades (DKS, IDXX, MA, WIT, ACS, ADP, CHT, FMCN, NT, PTI, TSS)

Investing

Published: August 19, 2008 6:32 am

These are some of the upgrades and downgrades we are seeing from Wall Street this Tuesday morning:

Dick’s Sporting Goods (DKS) Raised to Outperform at Baird.
IDEXX Laboratories (IDXX) Started as Buy at Piper Jaffray.
Mastercard (MA) Raised to Buy at Goldman Sachs.

Wipro (WIT) Raised to Neutral at Goldman Sachs.
Affiliated Computer Services (ACS) Cut to Neutral at Goldman Sachs.
Automatic Data Processing (ADP) Cut to Neutral at Goldman Sachs.
Chunghwa Telecom Co. Ltd. (CHT) Cut to Neutral at Goldman Sachs.
Focus Media (FMCN) kept as Buy but Target cut to $59 from $80 at Citigroup.
Nortel (NT) Started as Sector Perform at CIBC.
Patni Computer Systems (PTI) Cut to Sell at Goldman Sachs.
Total System Services (TSS) Cut to Sell at Goldman Sachs.

Jon C. Ogg
August 19, 2008

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