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Early analyst calls: AXP, UA

American Express (NSYE: AXP) was downgraded to "hold" from "buy" at Citigroup. According to MarketWatch the bank is concerned about the AXP earnings in 2008 and 2009.

Susquehanna initiated Under Armour (NYSE: UA) with a "neutral" rating according to Briefing.com.

Douglas A. McIntyre is an editor at 247wallst.com.

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Last updated: December 02, 2008: 05:03 PM

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