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Early analyst calls: CMR, ALL, CCU

Bernstein downgraded Salesforce.com (NYSE: CRM) to "market perform" from "outperform" according to Briefing.com. The news service also reports that Citigroup initiated Southern Cooper (NYSE: PCU) with a "sell".

Banc of America Securities said that Allstate (NYSE: ALL) may miss first quarter earnings due to payments for storm damages according to the AP.

Clear Channel (NYSE: CCU) cut to "hold" at Stanford Research according to 24/7 Wall St. The website also reports that Bed Bath & Beyond (NASDAQ: BBBY) cut to "sell" at Piper Jaffray

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DJIA+29.8811,632.38
NASDAQ+21.922,325.88
S&P 500+5.191,282.19

Last updated: July 24, 2008: 08:34 AM

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