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Premarket roundup: SunTrust Banks, Orbitz



By AP
29 May 2008 @ 09:25 am EST

Among the premarket stories for Thursday, May 29, from AP Financial News:

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Quotes
STI 22.45 -2.16
OWW 2.4 0.18
EXPE 6.53 0.48
GOOG 262.43 2.87
SNDA 22.76 0.49
ALXN 31 -3.43

SYMBOL LOOKUP

NEW YORK (AP)--A Stifel Nicolaus & Co. analyst upgraded SunTrust Banks Inc. on Thursday, in part because of a recent drop in shares, and said further drops should be limited.

NEW YORK (AP)--A Stifel Nicolaus analyst upgraded online travel company Orbitz Worldwide Inc. to "Buy" on Thursday, pointing to improvements in Orbitz's Web site and in the U.S. economy.

NEW YORK (AP)--Shares of Expedia Inc. gained in premarket trading Thursday after a Stifel Nicolaus analyst called the stock underpriced and dismissed rumors of a buyout in a client note.

NEW YORK (AP)--An analyst boosted her price target on Google Inc. Thursday morning in response to what she called positive data on the Internet portal's paid clicks.

NEW YORK (AP)--Delays in launching a new online game and uncertainties over the impact of China's recent earthquake are likely to weigh on shares of Shanda Interactive Entertainment Ltd., an analyst said Thursday.

NEW YORK (AP)--A Piper Jaffray analyst set a "Buy" rating on Alexion Pharmaceuticals Inc. Thursday, saying the company's drug Soliris could become a billion-dolar "blockbuster."

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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