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Analyst upgrades 4-24-07: CAH, HAL, SNDK and TXN upgraded today

MOST NOTEWORTHY: GlaxoSmithKline plc (NYSE: GSK), Express Scripts, Inc (ESRX), SanDisk Corp (SNDK), Halliburton Co (HAL) and Texas Instruments (TXN) were some of today's noteworthy upgrades.
  • Express Scripts Inc (NASDAQ: ESRX) was upgraded to Strong Buy from Buy with a $113 target at First Albany, following the stronger-than-expected first quarter results.
  • Halliburton Co (NASDAQ: HAL) was added to AG Edwards Focus Portfolio. The firm believes Halliburton trades at a great discount to its largest peer, Schlumberger Ltd (SLB), despite an improved earnings outlook and progress on several issues.
  • Texas Instruments (NASDAQ: TXN) was upgraded to Buy from Hold at Gabelli to reflect strong first quarter results and valuation. Piper Jaffray upgraded shares of Texas Instruments to Outperform from Market Perform...
OTHER UPGRADES:
  • Keefe Bruyette upgraded shares of BancFirst Corp (NASDAQ: BANF) to Market Perform from Underperform following its first quarter report.
  • Matrix USA raised H.B. Fuller Co (NYSE: FUL) to Hold from Sell based on the company's sales growth.
  • Baird raised Snap-on Inc (NYSE: SNA) rating to Outperform from Neutral with a $55 target.
  • Bear Stearns upgraded shares of Cummins Inc (NYSE: CMI) to Peer Perform from Underperform.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).

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Last updated: November 22, 2008: 01:05 PM

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