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Goldman Sachs affirmed its "neutral" rating on Sysco (NYSE: SYY), saying "shares have been trading lower on concerns related to whether softening consumer spending is affecting casual dining and upper-end restaurants," according to the AP.

Thomas Weisel downgraded Motorola (NYSE:MOT) to "market weight" from "overweight" according to Briefing.com. The news service also reports that Morgan Stanley intiated Visa (NYSE:V) with a rating of "equal weight".

Credit Suisse (NYSE:CS) was raised to "peer perform" at Bear Stearns according to a report at 24/7 Wall St. The financial website also writes that Goodyear Tire & Rubber (NYSE:GT) was cut to "neutral " at JP Morgan.

Douglas A. McIntyre

Symbol Lookup
IndexesChangePrice
DJIA-33.038,247.71
NASDAQ-20.611,775.91
S&P 500-5.32891.10

Last updated: July 06, 2009: 11:49 AM

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