Analyst upgrades 7-17-07: AMR, AXP, DAL, MAR and UAUA
Posted Jul 17th 2007 10:40AM by Kevin Shult
Filed under: Before the bell, Analyst reports, Analyst upgrades and downgrades, Good news, American Express (AXP), AMR Corp (AMR), Marriott Intl'A' (MAR), UAL Corp (UAUA), Delta Air Lines (DAL)
MOST NOTEWORTHY: Wilshire Bancorp (WIBC), American Express (AXP), AMR Corp (AMR), Delta Air Lines (DAL) and UAL Corp (UAUA) were some of today's noteworthy upgrades:
- Friedman Billings upgraded shares of Wilshire Bancorp (NASDAQ: WIBC) to Market Perform from Underperform based on valuation.
- Goldman Sachs upgraded shares of American Express (NYSE: AXP) to Buy from Neutral as they believe American's network business is undervalued.
OTHER UPGRADES:
- Cognos Inc (NASDAQ: COGN) was raised to Strong Buy from Outperform at JMP Securities.
- JP Morgan upgraded Lear Corp (NYSE: LEA) to Overweight from Neutral.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required). Tags: american express, AmericanExpress, amr, analyst, axp, cogn, cognos, dal, delta, lea, lear, mar, marriott, orb, orbital science, OrbitalScience, petrochina, ptr, rating, theflyonthewall.com, ual, uaua, upgrade, wibc, wilshire
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