MEMC (WFR) Upgraded at Credit Suisse, Gabelli, Gilford Following Sell-Off on FY10 Outlook

This morning analysts are responding to FY10 guidance issued by MEMC Electronic Materials (NYSE: WFR) yesterday and the resulting 15% slide in the stock. Several analysts upgraded the stock today:

• from Neutral to Outperform at Credit Suisse
  
• from Hold to Buy at Gabelli
  
• from Sell to Hold at Gilford

With about a half hour left in the pre-market trading session, shares of MEMC are indicated nearly 4% higher. The stock last traded at $12.04.

To track all the market-moving upgrades/downgrades on shares of MEMC, visit our Analyst Ratings page.

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