Analyst upgrades 6-18-07: CI, CKFR, JSDA, PSUN and SYMC
Posted Jun 18th 2007 10:46AM by Kevin Shult
Filed under: Before the bell, Analyst upgrades and downgrades, Good news, CIGNA Corp (CI), Jones Soda (JSDA), Symantec Corp (SYMC)
MOST NOTEWORTHY: Tektronix, Inc (TEK), GameStop Corp (GME) PrivateBancorp, Inc (PVTB), Quebecor World Inc (IQW) and CheckFree Corp (CKFR) were today's more noteworthy upgrades:
- JP Morgan upgraded shares of Tektronix (NYSE: TEK) to Overweight from Underweight citing improving sector fundamentals.
- JP Morgan also raised GameStop (NYSE: GME) to Overweight from Neutral based on the May sales data.
- Oppenheimer upgraded PrivateBancorp (NASDAQ: PVTB) to Neutral from Sell based on valuation.
- BMO Capital raised Quebecor World (NYSE: IQW) to Market Perform from Underperform on valuation.
- CheckFree (NASDAQ: CKFR) was assumed with a Sector Outperformer from Sector Performer at CIBC citing a favorable risk/reward, solid secular underlying trends, and overblown concerns for its rating...
OTHER UPGRADES:
- Goldman added Cigna Corp (NYSE: CI) to its America's Conviction List.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required). Tags: analyst, checkfree, ci, cigna, ckfr, gamestop, gm, gme, ingersoll, iqw, ir, jdsa, jones, pac sun, PacSun, privatebancorp, psun, quebecor, rating, symantec, symc, tek, tektronix, theflyonthewall.com, upgrade
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