Analyst upgrades 6-19-07: CDL, CI, DTV, LCC and LFC
Posted Jun 19th 2007 10:56AM by Kevin Shult
Filed under: Before the bell, Analyst upgrades and downgrades, Good news, CIGNA Corp (CI), US Airways Group (LCC), China Life Insurance ADS (LFC)
MOST NOTEWORTHY: US Airways (LCC), Cigna Corp (CI), Gentex Corp (GNTX) and China Life Insurance (LFC) were today's more noteworthy upgrades:
- UBS upgraded US Airways (NYSE: LCC) to Neutral from Reduce based on valuation.
- Cigna Corp (NYSE: CI) was upgraded to Neutral from Sell at Banc of America to reflect the company's market share gains and share buybacks.
- Banc of America also raised Gentex Corp (NASDAQ: GNTX) to Buy from Neutral to reflect increased penetration of the company's new rear-camera display product.
- Deutsche Bank upgraded shares of China Life Insurance (NYSE: LFC) to Hold from Sell on valuation and the continued strong equity markets...
OTHER UPGRADES:
- Morgan Stanley raised DirecTV Group (NYSE: DTV) to Overweight from Equal Weight.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required). Tags: acor, acorda, analyst, cdl, china life, ChinaLife, ci, cigna, citadel, cybersource, cybs, directv, dtv, gentex, gntx, lcc, lfc, rating, sempra, sre, theflyonthewall.com, upgrade, us air, UsAir
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