Premarket roundup: Wachovia, VeraSun

By Associated Press
July 10, 2008
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Among the premarket stories for Thursday, July 10, from AP Financial News:

NEW YORK (AP) _ An RBC Capital Markets analyst slashed his price target on Wachovia Corp. Thursday, predicting shares will remain pressured until at least 2009 and cast doubt on whether its new CEO was up for the challenges ahead.

NEW YORK (AP) _ An analyst downgraded VeraSun Energy Corp. Thursday, saying the ethanol producer will likely face margin pressure for the foreseeable future.

NEW YORK (AP) _ A Citi Investment Research analyst said Thursday that radio stocks will fall as advertising revenue continues to decline and lending and credit pressures increase.
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