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Early analyst calls (BAC) (BP)

Citi Investment Research lowered it price target on Citadel Broadcasting (NYSE:CDL), according to the AP. The news service also reports that Moody's Investors Service lowered it rating on PMI Group (NYSE:PMI), cutting from "A3" from "Aa2."

Morgan Stanley downgraded Bank of America (NYSE:BAC) to "underweight" from "equal-weight" according to Briefing.com. The news service also reports that HSBC upgraded BP (NYSE:BP) from "neutral" to "overweight".

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

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Last updated: October 11, 2008: 11:43 PM

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