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Early analyst calls (Q) (CIEN) (LLY)

UBS downgraded SunPower (NASDAQ:SPWR) to Neutral from Buy, according to Briefing.com. The news service also reports that Citigroup upgraded Qwest (NYSE:Q) to Buy from Hold and Morgan Keegan upgraded Ciena (NASDAQ:CIEN) to Outperform from Market Perform.

Eli Lilly (NYSE:LLY) was raised to Neutral at HSBC, according to 24/7 Wall St. The financial site also reports that American Electric Power (NYSE:AEP) was cut to Neutral at JPMorgan.

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Last updated: December 02, 2008: 02:22 AM

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