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MOST NOTEWORTHY: ConocoPhillips (COP) and Starbucks (SBUX) were two notable companies on the upgrade list today:
- Deutsche Bank upgraded ConocoPhillips (NYSE:COP) to Buy from Hold with an $80 target, citing expectations for a reduction in spending and a shift towards share buybacks; additionally,
- Starbucks Corp. (NASDAQ:SBUX) was upgraded to Buy from Neutral with a $42 target at UBS, citing valuation.
OTHER UPGRADES:
- Wachovia upgraded the Healthcare REIT Sector to Market Weight from Underweight, citing decreasing interest rate trends and more positive trends of individual stocks in the sector.
- RBC Capital Markets upgraded Blue Nile Inc. (NASDAQ:NILE) to Outperform from Sector Perform with a $40 target, citing benign trends on both diamond and keyword pricing, efficiencies in marketing, share buybacks and valuation.
- Goldman Sachs upgraded Vodaphone PLC (NYSE:VOD) to Buy from Neutral on valuation.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).
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Reader Comments (Page 1 of 1)
12-05-2006 @ 3:28PM
Timothy Cole said...
Why cant I locate sectors such as oil sevices stocks by typing oil services stocks?