Crane Upgraded, Cogent Communications Downgraded

Stocks look set for some early weakness, despite M&A news. Gateway (NYSE: - ) agreed to be acquired by Acer, with the Taiwan based company paying approximately $710 million. Also, U.S. Steel (NYSE: - ) agreed to acquireStelco for about $1.04 billion.

Today's Upgrades:

Four stocks was upgraded to PowerRatings (for Investors) of 9. The top rated stocks have historically done a superior job of identifying stocks which have risen in value over the next 12 months. Among today's list of upgrades is:

Crane (NYSE: - ) has a PowerRating (for Investors) of 9, upgraded from 8. The company is a diversified manufacturer of engineered industrial products.

Today's Downgrades:

Two stocks were downgraded to an unattractive PowerRating (for Investors) today. Stocks with low PowerRatings (for Investors) have tended to underperform the market over the next 12 months. Among today's list of downgrades is:

Cogent Communications (NasdaqGM: - ) was downgraded to 3, downgraded from 4. The company provides low cost, high-speed Internet access and Internet Protocol communications services to small and medium-sized businesses, communications service providers and other bandwidth-intensive organizations.

PowerRatings (for Investors) are courtesy of .