Analyst upgrades 7-06-07: BP, RDS.A and RJF
Posted Jul 6th 2007 10:00AM by Kevin Shult
Filed under: Before the Bell, Analyst Upgrades and Downgrades, Good news, BP p.l.c. ADS (BP)
MOST NOTEWORTHY: Royal Dutch Shell (RDS.A, RSD.B) and Overseas Shipholding Group (OSG) were today's noteworthy upgrades:
- Deutsche Bank upgraded shares of Royal Dutch Shell (NYSE: RDS.A, RDS.B) to Buy from Hold to reflect improved earnings momentum from higher oil prices and strong refining margins.
- JP Morgan raised Overseas Shipholding (NYSE: OSG) to Overweight from Neutral following meetings with management to reflect uncovered value in vessels the company leases from other shipping lines...
OTHER UPGRADES:
- Deutsche Bank upgraded BP plc (NYSE: BP) to Buy from Hold.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required). Tags: analyst, bp, osg, overseas, rating, raymond, rds.a, rds.b, rjy, royal dutch, RoyalDutch, theflyonthewall.com, union drilling, UnionDrilling, upgrade
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