These are the early bird calls we are seeing in telecom, media, and tech:
- Adobe Systems (NASDAQ: ADBE) raised to Overweight from Equal Weight at Morgan Stanley.
- Advanced Energy Industries (NASDAQ: AEIS) raised to Buy from neutral at Goldman Sachs.
- ASML Holding NV (ASML) Raised to Buy from Neutral at Goldman Sachs, but slight lowering of estimates.
- Clearwire (NASDAQ: CLWR) raised to Hold from Sell at at Citigroup.
- Deutsche Telekom (NYSE: DT) raised to Overweight from Equalweight, but target cut to EUR13 from EUR 14.50.
- Lam Research (NASDAQ: LRCX) raised to Goldman Sachs Conviction Buy List from Sell at Goldman Sachs.
- Marvel Enterprises (NYSE: MVL) raised to Outperform at RBC.
- Telecom Italia (NYSE: TI) raised to Outperform at Bernstein.
- Verigy (NASDAQ: VRGY) removed from Goldman Sachs Conviction Buy List on valuation.
- Yahoo! (NASDAQ: YHOO) Downgraded to Underweight from Market Weight at Thomas Weisel.
Jon C. Ogg
June 24, 2008