These are some of Tuesday morning’s top pre-market upgrades and downgrades we have seen from Wall Street analysts with more than two hours until the open:
- BJ’s Wholesale (NYSE: BJ) Raised to Buy at UBS.
- Corning (NYSE: GLW) Started as Outperform at Oppenheimer.
- Darden restaurants (NYSE: DRI) Started as Outperform at Baird.
- Digital Theater Systems (NASDAQ: DTSI) Raised to Overweight at JPMorgan.
- Illinois Toolworks (NYSE: ITW) Raised to Overweight at JPMorgan.
- Royal Bank of Scotland (NYSE: RBS) Raised to Overweight at HSBC.
- Viacom (NYSE: VIA) Raised to Overweight at Barclays.
- BHP Billiton (NYSE: BHP) Cut to Hold at ABN AMRO.
- Capital One (NYSE: COF) Target cut by more than half to $18 at Goldman Sachs.
- Fifth Third (NASDAQ: FITB) Target cut 75% down to $2.00 at Goldman Sachs.
- Mattel (NYSE: MAT) Cut to Neutral at Piper Jaffray.
- StatoilHydro (NYSE: STO) Cut to Underweight at Morgan Stanley.
Jon C. Ogg
February 3, 2009