Tuesday, May 20, 2008

Early morning tidbits: SLB, WGOV, COF

- Schlumberger (NYSE:SLB): Lehman raises price tgt to $142 from $120. (good chart)

- Woodward Governor (NASDAQ:WGOV): Downgraded to Neutral from Outperform at Baird. (stock has had a good run recently and Baird's tgt stands at $40. They would be buyers in the low 30's. Likely a short above $38. Remember, Baird downgrades have historically been among the best movers).

- Oppemheimer's Meredith Whitney is out neg on the financials again. Capital One (NYSE:COF) is getting its ests slashed. No surprise there, though.

NC

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