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Friday, August 21, 2009

PreMarket Stock Upgrades 8/21/09

August 21, 2009 - Good Morning Everyone - Below is a list of stocks getting upgraded in pre market today. I also listed some hot stock market news.

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Hot Stock News - 8/21/09

Jefferies Downgrades Solar Stocks:

Suntech Power Holdings Co. Ltd. (STP) - $12 price target
SunPower Corporation (SPWRA) - $30 price target - See Upgrade below
China Sunergy Co. Ltd. (CSUN) - $3.50 price target
Ascent Solar Technologies Inc. (ASTI) - $4 price target
Energy Conversion Devices, Inc. (ENER) - $8 price target
Solarfun Power Holdings Co. Ltd. (SOLF) - $4 price target
First Solar, Inc. (FSLR) - $130 price target
Evergreen Solar Inc. (ESLR) - $1 price target

Adolor Corp. (ADLR) - Pharmacoeconomic Analysis of Reported Use of ENTEREG(R) (alvimopan) Published in American Journal of Health-System Pharmacy

AspenBio Pharma Inc. (APPY) - AspenBio says FDA seeks more data on appendicitis test

Freddie Mac (FRE) - Fannie Mae (FNM) - Both stocks very strong in pre market trading

Merck & Co. Inc. (MRK) - Merck is Pleased the FDA and CDC Re-Affirm the Safety Profile of GARDASIL® [Human Papillomavirus Quadrivalent (Types 6, 11, 16 and 18) Vaccine, Recombinant]

Quantum Fuel Systems Technologies Worldwide Inc. (QTWW) - Quantum Regains Compliance After Receiving Nasdaq Notice of Violation of Shareholder Approval Rule

RadioShack Corp. (RSH) - RadioShack ups buyback program by $200 mln

Raytheon Co. (RTN) - Raytheon gets $151.6M Navy missile contract

Rentech, Inc. (RTK) - Testing $2 after the stock sale yesterday

SIRIUS XM Radio Inc. (SIRI) - Testing resistance at $0.75 in pre market


Stock Upgrades - August 21, 2009

Aeropostale Inc. (ARO) - Upgraded at Stifel Nicolaus with $44 price target

Buckle Inc. (BKE) - Upgraded to Buy at Roth Capital with $34 price target

Gap Inc. (GPS) - Upgraded at Keybanc with $24 price target

Flextronics International Ltd. (FLEX) - Upgraded at Citigroup to Buy with $8.50 price target

Jabil Circuit Inc. (JBL) - Upgraded at Citigroup with $13 price target

Limited Brands Inc. (LTD) - Upgraded at Citigroup with $18 price target

Netflix, Inc. (NFLX) - Initiated with $56 price target

The Children's Place Retail Stores, Inc. (PLCE) - Upgraded at Citigroup with $37 price target

Salesforce.com (CRM) - Upgraded at Piper Jaffray - $65 price target; Upgraded at RBC Capital - $60 price target

Schnitzer Steel Industries Inc. (SCHN) - Upgraded at UBS with $54 price target

SunPower Corporation (SPWRA) - Upgraded to Buy at Merriman - $38-$48 price target

Tech Data Corp. (TECD) - Upgraded at Citigroup with $43 price target

Yingli Green Energy Holding Co. Ltd. (YGE) - Upgraded at HSBC - $16 price target


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