Filed under: Before the bell, Analyst upgrades and downgrades, Best Buy (BBY), ConocoPhillips (COP)

Bank of America downgraded Best Buy (NYSE:BBY) to “neutral” from “buy” according to Briefing.com. The news service also reports that Lehman downgraded ConocoPhillips (NYSE:COP) to “equal-weight” from “overweight”.

Moody’s cut Thornburg’s (NYSE:TMA) senior unsecured debt rating to “Caa2″ from “B2″ and its preferred stock rating to “Ca” from “Caa1,” according to the AP.

Douglas A. McIntyre is an editor at 247wallst.com.

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