Early Research Calls : BofA Sec upgrading LTD to Buy from Neutral, also downgrading MAY, ANF to Neutral from Buy...
Merrill Lynch upping PENN to Buy from Neutral (tgt $30), adding GPS to its Focus 1 List (tgt $28), and reinstating YHOO with a Neutral...
Wachovia downgrading TRMB, ADRX to Mkt Perform from Outperform...
JP Morgan removing LEXR from its Focus List, also downgrading THOR, DYN to Underweight from Neutral, and downgrading UCL to Neutral from Overweight and upgrading OKE to Neutral from Underweight...
UBS upgrading TXT, MLHR, AVP to Buy from Neutral, also initiating coverage on SUNW with Neutral, $6 tgt...
WR Hambrecht starts WIT with a Buy (tgt $57)...
Morgan Stanley downgrades PVN and DYN to Underweight from Equal Weight on valuation.
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