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Early analyst calls: Intel, PetroChina, Analog Devices

Bank of America upgraded Intel Corp. (NASDAQ: INTC) to "buy" from "neutral" according to Briefing.com. The news service also reports that Citigroup downgraded PetroChina (NYSE: PTR) from "hold" to "sell."

Bank of America upgraded Analog Devices (NYSE: ADI) to "buy" from "neutral," according to MarketWatch.

ADC Telecom (NASDAQ: ADCT) was raised to "buy" at Deutsche Bank, according to 24/7 Wall St. The financial website also reports that Cirrus Logic (NASDAQ: CRUS) was cut to "perform" from "outperform" at Oppenheimer.

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

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Last updated: November 20, 2008: 03:13 AM

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