Investing

Top Analyst Upgrades and Downgrades (AWK, BEAT, CHKP, IACI, MVL, MYGN, NVO, SYMC, WERN)

These are the top pre-market analyst upgrades and downgrades this Wednesday morning in early trading.

  • American Water Works (AWK) Started as Buy at Brean Murray.
  • CardioNet (BEAT) Cut to Hold at Citigroup; Cut to Hold at boutique firm Roth.
  • Checkpoint Software (CHKP) Cut to Neutral at JPMorgan.
  • IAC/Interactive (IACI) Started as Outperform at Oppenheimer.
  • Marvel Entertainment (MVL) Raised to Overweight at JPMorgan.
  • Myriad Genetics (MYGN) down on downgrades from RBC, Oppenheimer, Citigroup, Morgan Joseph, and more.
  • Novo Nordisk (NVO) Raised to Buy at Goldman Sachs.
  • Symantec (SYMC) Started as Outperform at JMP Securities.
  • Werner Enterprises (WERN) Raised to Overweight at JPMorgan.

After today, we’d expect analyst coverage to start getting this until at least next Tuesday because of the shortened week.  We have already seen the effects of fewer participants this week, particularly after such a stellar quarter that just ended yesterday.

Jon C. Ogg
July 1, 2009

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