Top 10 Early Bird Analyst Upgrades & Downgrades (COGT, PSUN, RMD, NCTY, SAFM, UTHR, ARB, CS, CTRP, SUN)

These are ten of the early bird analyst upgrades and downgrades we are seeing from Wall Street this Wednesday morning:

• Cogent Inc. (COGT) Raised to Overweight at JPMorgan.
• Pacific Sunwear (PSUN) Raised to Neutral from Sell at UBS.
• ResMed (RMD) Started as Buy at Jefferies.
• The9 Ltd. (NCTY) Raised to Hold from Sell at Citigroup.
• Sanderson Farms (SAFM) Raised to neutral from Underweight at JPMorgan.
• United Therapeutics (UTHR) Raised to Neutral from Sell at Piper Jaffray.
• Arbitron (ARB) Cut to Neutral at JPMorgan.
• Credit Suisse (CS) Cut to Sell from Neutral at UBS.
• CTrip.com (CTRP) Cut to Sell from Buy at Citigroup; price target cut to $30.40 at Credit Suisse.
• Sunoco (SUN) Cut to Sell from Hold at Deutsche Bank.

Jon C. Ogg
November 19, 2008

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