Analyst upgrades 7-19-07: DSW, JNPR and PFE
Posted Jul 19th 2007 10:48AM by Kevin Shult
Filed under: Before the bell, Analyst reports, Analyst upgrades and downgrades, Good news, Pfizer (PFE), Juniper Networks (JNPR)
MOST NOTEWORTHY: St. Jude Medical (STJ), Juniper Networks (JNPR), Satyam Computer (SAY), Clearwire (CLWR) and Citrix Systems (CTXS) were today's noteworthy upgrades:
- St. Jude Medical's (NYSE: STJ) upgrade to Outperform from Market Perform at Wachovia was based on signs of an ICD recovery and reasonable valuation.
- Baird upgraded shares of Juniper (NASDAQ: JNPR) to Outperform from Neutral following better-than-expected guidance; Goldman upgraded Juniper to Buy from Neutral.
- Satyam (NYSE: SAY) was upgraded to Positive from Neutral at Susquehanna citing better than expected growth.
- Clearwire (NASDAQ: CLWR) was upgraded to Outperform from Peer Perform at Bear Stearns following the announcement that Sprint (S) and Clearwire will form a Nationwide 4G/Wimax Network.
- Citrix (NASDAQ: CTXS) was upgraded at Jefferies to Buy from Hold as they believe the strong customer response to Presentation Server Platinum Edition and the pipeline buildup related to NetScaler 8.0 bode well for the second half of 2007...
OTHER UPGRADES:
- Lehman raised DSW Inc (NYSE: DSW) to Overweight from Equal-Weight.
- Goldman upgraded shares of Labor Ready (NYSE: LRW) to Neutral from Sell.
- Raymond James upgraded Pfizer (NYSE: PFE) to Strong Buy from Market Perform.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required). Tags: analyst, cbst, citrix, clearwire, clwr, ctxs, dsw, ency, encysive, jnpr, jude, juniper, labor ready, LaborReady, lrw, pfe, pfize, rating, satyam, say, selective insurance, SelectiveInsurance, sigi, stj, theflyonthewall.com, upgrade
Reader Comments (Page 1 of 1)
8-11-2007 @ 11:10PM
Nancy10yrsold said...
woo-hoo! my mom will be so happy in gthe morning when i tell her citrix went up! especially since it took that plunge when it went waaaaay down!!!