Top 10 Pre-Market Analyst Calls (APKT, ARMH, BRCM, CPN, DIS, JNPR, KND, MRK, ONT, SU)

These are ten of the analyst calls with upgrades and downgrades we are focusing on this Monday morning in pre-market trading:

• Acme Packet (NASDAQ: APKT) cut to Underweight at JPMorgan; cut to Neutral at Piper Jaffray.
• ARM Holdings (NASDAQ: ARMH) raised to Buy at UBS.
• Broadcom (NASDAQ: BRCM) raised to Buy at Piper Jaffray.
• Calpine (NYSE: CPN) downgraded to Equal-Weight at Lehman Brothers.
• Disney (NYSE: DIS) cut to Underweight at Lehman Brothers.
• Juniper Networks (NASDAQ: JNPR) raised to Buy at Piper Jaffray.
• Kindred Healthcare (NYSE: KND) raised to Outperform at Friedman Billings.
• Merck (NYSE: MRK) downgraded to Neutral from Buy at UBS.
• On2 Technologies (AMEX: ONT) downgraded to Neutral from Buy at Merriman Curhan Ford.
• Suncor Energy (NYSE: SU) raised to Overweight at JP Morgan; raised to Outperform at Friedman Billings.

Jon C. Ogg
July 7, 2008