wwwPosted May 16th 2008 7:41AM by Douglas McIntyre
Filed under: Before the bell, Analyst upgrades and downgrades, Penney (J.C.) (JCP), Costco Wholesale (COST), Nordstrom, Inc (JWN), SanDisk Corp (SNDK)
Goldman Sachs cut the ratings on J.C. Penney (NYSE:JCP) and Nordstrom (NYSE:JWM) from "buy" to "neutral" due to the rising price of oil, according to MarketWatch.
Morgan Stanley began CostCo (NASDAQ:COST) at "equal weight" according to Briefing.com. The news service also reports that JPM downgraded Sandisk (NASDAQ:SNDK) from "market perform" from "underperform".
Douglas A. McIntyre is an editor at 247wallst.com.
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