1.29.2007

THE WIRES

A slow news Monday morning so far with the highlights being:

Major index futures are trading near the flatline with SNDK estimates cut at Weisel; AAPL target raised to $135 from $115 at Needham; KLAC target raised to $53 from $46 at B of A; LM upgraded to Buy from Hold at AG Edwards; GOOG target raised to $550 from $450 at Oppenhiemer; BMY and SNY sign a premerger agreement; WSJ reports that John Parry an oil analyst at John S. Herold is bullish on refiners including TSO SUN VLO and COP; and BOW merging with ABY in an all stock merger.

Back to the Ticker Sense Blogger sentiment poll, its now even more bearish as 19% are bullish and 51% bearish. Hmmmm.

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