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Analyst upgrades 11-10-06: Goodyear and Nvidia upgraded

MOST NOTEWORTHY: Goodyear Tire (GT) and Nvidia (NVDA) top today's modest-sized list of upgrades.

  • Goodyear Tire & Rubber Co. (NYES:GT) was upgraded to Neutral from Sell at Merrill Lynch citing improved third-quarter results and improved relations with unions.
  • Nvidia Corp. (NASDAQ:NVDA) was upgraded to Market Perform from Underperform at BMO Capital Markets following their strong third-quarter report.

OTHER UPGRADES:

  • IMAX Corp (NASDAQ:IMAX) was upgraded to Neutral from Sell at Merriman. The firm noted that IMAX Corp.'s third-quarter results were below expectations but they were looking beyond the first-half of 2007 for a rebound in operating trends.
  • American Tech upgraded Thermo Electron (NYSE:TMO) to Buy from Neutral, citing the Fisher Scientific (FSH) merger for its rational.

Analyst summaries provided by TheFlyOnTheWall.com (subscription required).

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Last updated: July 09, 2008: 07:31 AM

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