MOST NOTEWORTHY: Swift Transportation (SWFT), JetBlue (JBLU) and Southwest (LUV) top today's list of upgrades.
- Following Director Moyer's offer to buy Swift Transportation, Inc. (NASDAQ:SWFT) for $29 a share, the company was upgraded to Market Perform from Underperform at Wachovia, to Peer Perform from Underperform at Bear Stearns and to Neutral from Sell at Bank of America.
- JetBlue Airways Corp. (NASDAQ:JBLU) was upgraded by Raymond James to Outperform from Market Perform following the October traffic report.
- Southwest Airlines Co. (NYSE:LUV) was upgraded to Outperform from Underperform at Credit Suisse based on valuation.
OTHER UPGRADES:
- Medimmune, Inc. (NASDAQ:MEDI) was upgraded to Outperform from Market Perform at Friedman, Billings Ramsey, citing Numax data and increased sales expectations for the drug.
- Finally, H&R Block, Inc. (NYSE:HRB) was upgraded to Buy from Sell at Soleil. The firm believes H&R Block's decision to explore strategic alternatives could lead to a possible sale of the whole company or certain parts of the company.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).
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Reader Comments (Page 1 of 1)
11-08-2006 @ 11:06PM
SCOTT MORAN said...
I OWN VOII ITS STUCK IN THE 35 ****** AREA FOREVER THAT 3000 DOLLARS MELTING AWAY SHOULD I SELL AND BUY GAI SIRI OR XM OR 2 SHARES OF GOOG