02-09-11 - Pre Market Update

 Upgrades Downgrades of note: Please Note - More to follow at 8:45

Illumina Inc. (ILMN).
     downgraded to Hold at Auriga U.S.A (Stock Price: 70.25)
     price target raised at Baird from $66 to $74 (Mixed reports)

Telefonos De Mexico SA de CV. (TMX).:
     Goldman Sachs Cuts to Sell from Neutral (Big downgrade on a thin adr)

Wells Fargo Inc. (WFC).
    Wells Fargo shares could be down 3%-5% on CFO
    retirement, says Citigroup 

Baidu.com (BIDU).
    upgraded to Overweight from Neutral at HSBC; tgt
    $158 (Stock Price: 119.84)


Take-Two Interactive. (TTWO).
     Raised To Buy From Neutral By BofA
    Merrill Lynch >TTWO (hearing Price target 20)

(VQ).: Downgrade - JAGNote by Stifel Nicolaus
      VQ: Downgrade - The firm lowered shares from Hold to SELL (BIG downgrade on a thin name that has been uptrending - 2 tier firm comments)

Stocks of note:

(SMCI). slashes quarter guidance and withdraws full year guidance

(PLAB). pre-announces to the upside

(JOE). exploring strategic alternatives

(HIBB). pre-announces to the downside

(PNCL). pre-announces to the downside

(RL). blow-out earnings

(ISRG). share buyback

(USNA). bad earnings

(SWIR). bad earnings

(DIS). strong earnings

(ANDE). blowout earnings

(ATML). strong earnings

(ASYS) very nice earnings