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What's Shaking: Monday's Early Movers
CNBC.com | January 09, 2012 | 08:52 AM EST

Take a look at some of Monday morning's early movers:

Broadcom —Upgraded to “buy” from “hold” as Deutsche Bank upgrades the semiconductor sector to “overweight” from “equal weight”.

Travelers —Goldman Sachs adds to “conviction buy” list, citing attractive yield and limited exposure to Europe.

Ralph Lauren —Added to the “conviction buy” list at Goldman Sachs.

Inhibitex —The company is being acquired by Bristol-Myers Squibb for $2.5 billion in cash. That represents a 163% premium over Friday’s close, as BMY makes a big bet on Inhibitex’s promising treatment for hepatitis C.

Goldman Sachs , Morgan Stanley —analyst Meredith Whitney cut fourth quarter earnings estimates for both late Friday. She cites a continued challenging trading environment and persistently weaker investment banking activity.

Lululemon —Founder Chip Wilson steps down as chief innovation officer. However, Wilson will continue to serve as chairman.

Humana —The company says it sees "somewhat higher" 2012 enrollment in its Medicare Advantage program than it had previously expected.

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