Top Pre-Market Analyst Upgrades (MO, BBY, CFL, CEPH, GILD, LMT, TNDM, NOC, TLAB, MTN)

These are the top pre-market upgrades and positive analyst calls we have seen from Wall Street this Monday morning:

• Altria (NYSE: MO) Raised to Overweight at JPMorgan.
• Best Buy (NYSE: BBY) Raised to Buy at Piper Jaffray.
• Brink’s Home Security (NYSE: CFL) Started as Outperform at Oppenheimer.
• Cephalon (NASDAQ: CEPH) Started as Buy at Goldman Sachs.
• Gilead (NASDAQ: GILD) Started as Buy at Merriman Curhan Ford.
• Lockheed Martin (NYSE: LMT) Started as Buy at Societe Generale.
• Neutral Tandem (NASDAQ: TNDM) Raised to Outperform at Baird.
• Northrup Grumman (NYSE: NOC) Started as Buy at Societe Generale.
• Tellabs (NASDAQ: TLAB) Raised to Overweight at Barclays.
• Vail Resorts (NYSE: MTN) Raised to Outperform at Wachovia.

Jon C. Ogg
December 15, 2008

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