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Early analyst calls: BBY, COP ...

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Bank of America downgraded Best Buy (NYSE:BBY) to "neutral" from "buy" according to Briefing.com. The news service also reports that Lehman downgraded ConocoPhillips (NYSE:COP) to "equal-weight" from "overweight".

Moody's cut Thornburg's (NYSE:TMA) senior unsecured debt rating to "Caa2" from "B2" and its preferred stock rating to "Ca" from "Caa1," according to the AP.

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

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DJIA-7.338,273.41
NASDAQ-19.411,777.11
S&P 500-3.83892.59

Last updated: July 06, 2009: 03:37 PM

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