Analyst upgrades 7-10-07: F, FNM, GILD, GM and TTWO
Posted Jul 10th 2007 10:10AM by Kevin Shult
Filed under: Before the bell, Analyst reports, Analyst upgrades and downgrades, Good news, Ford Motor (F), General Motors (GM), Federal Natl Mtge (FNM), Gilead Sciences (GILD)
MOST NOTEWORTHY: Take-Two Interactive Software (TTWO), Greenbrier Cos (GBX), DirecTV Group (DTV), General Motors (GM) and Ford (F) were today's noteworthy upgrades:
- Soleil upgraded shares of Take-Two Interactive Software (NASDAQ: TTWO) to Buy from Hold as they believe the new management team has quickly taken multiple steps to address key issues and is refocusing on profitable growth.
- Morgan Keegan raised Greenbrier Cos (NYSE: GBX) to Market Perform from Underperform following the company's Q3 report.
- Citigroup upgraded shares of DirecTV Group Inc (NYSE: DTV) to Buy from Hold as they see a 75% chance that Liberty Media (LCAPA) tenders for DTV within the next 12 months and could offer $30 a share for the company.
- JP Morgan upgraded General Motors Corp (NYSE: GM) to Overweight from Neutral with a $50 target and Ford Motor Co (NYSE: F) to Overweight from Underweight as they see signs that unions will engage in radical changes, which could bring EPS upside. General Motors was also added to JP Morgan's Focus List...
OTHER UPGRADES:
- Friedman Billings added Fannie Mae (NYSE: FNM) to its Top Pick list.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required). Tags: aeo, american eagle, AmericanEagle, analyst, directv, dtv, f, fannie mae, FannieMae, fnm, ford, gbx, gemstar, general motor, GeneralMotor, gild, gilead, gm, gmst, greenbrier, micron, mu, rating, take-two, theflyonthewall.com, ttwo, upgrade
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Reader Comments (Page 1 of 1)
7-12-2007 @ 4:02PM
Gumby said...
Since GM is a DJIA stock, I will be so pissed off if UAW takes more than a day or two to finalize next contract. UAW is in no position to bargain. It is GM shareholder's now. I am sure that the management already had it written up long ago. UAW will be presented the contract and UAW can confer with advisers before signing it like pronto. If UAW do it in a expedient fashion, then Wall Street will start paying attention to GM dog and pony shows in the future!!! We will still be distrustful of UAW, anturally. We want GM and Ford to prosper without placing too much burden on UAW, of course. UAW cant really expect to level the playing grounds with Japan and its yen tradings so much. Japan and our customers will not give up our Corollas, Civics, Altimas, Accords, Camrys, etc so easily. We will stil buy them at escalated prices if necxessary thanks to UAW .... This will be a gross transfer of wealth from us to the UAW organization on top of its mutli billion dollar pension coffers!! GM management is lying about cost disadvatnages as it is hiding billions into UAW pension coffers. GM management is hiding profits and call it disadvantages!!! The last thing America needs is a uncompetitive industry like GM and Ford spreading its dishonesty to other industries!!! This will ruin our real estate industry!!!