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Analyst upgrades 4-05-07: Cox Radio, Heelys & Potash Corp were upgraded today

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MOST NOTEWORTHY: British Airways plc (BAB), Ryanair Holdings plc (RYAAY), Cox Radio, Inc (CXR) and Autoliv Inc (ALV) were today's noteworthy initiations:
  • Credit Suisse upgraded shares of Cox Radio Inc (NYSE: CXR) to Neutral form Underperform on valuation following the stock's recent pullback. Bear Stearns also upgraded Cox Radio to Outperform from Peer Perform on valuation.
  • Merrill Lynch upgraded shares of Autoliv Inc (NYSE: ALV) to Neutral from sell.
OTHER UPGRADES:
  • Wachovia upgraded Heelys, Inc (NASDAQ: HLYS) to Outperform from Market Perform following positive channel checks, which could lead to upside to the Street's Q1 EPS estimate of 18c, and valuation.
  • Stifel upgraded VistaPrint Ltd (NASDAQ: VPRT) to Buy from Hold with a $43 target. The firm said risks from taxes and non-transaction revenue have been diminished to levels that allow them to focus on the core printing business.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).

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Last updated: November 25, 2009: 04:54 AM

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