Analyst upgrades: EBAY, EXPE, NOK and YRCW

Posted Aug 3rd 2007 10:45AM by Kevin Shult
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Good news, eBay (EBAY), Nokia Corp. (NOK), Expedia Inc (EXPE), YRC Worldwide (YRCW), Stocks to Buy

MOST NOTEWORTHY: Expedia (EXPE), YRC Worldwide (YRCW), Fiserv (FISV), and select radio stocks were today's noteworthy upgrades:

JP Morgan upgraded Expedia (NASDAQ: EXPE) to Overweight from Neutral on expectations for U.S. bookings growth and margin stabilization.

YRC Worldwide (NASDAQ: YRCW) was raised to Neutral from Underperform based on valuation.

Fiserv (NASDAQ: FISV) was upgraded to Sector Outperformer from Sector Performer at CIBC following the CheckFree (CKFR) acquisition.

Banc of America upgraded Citadel Broadcasting (NYSE: CDL), Cox Radio (NYSE: CXR) and Entercom Comm (NYSE: ETM) to Neutral from Sell as they believe it is time to cover short positions with the expected Q3 weakness likely priced into shares. They caution that this upgrade is not a buy signal as downside risk remains...

OTHER UPGRADES:

Wachovia upgraded Cabela's (NYSE: CAB) and KBR Inc (NYSE: KBR) to Outperform from Market Perform.

Baird raised Lear (NYSE: LEA) To Outperform from Neutral.

Nokia (NYSE: NOK) was upgraded to Outperform from Neutral at Credit Suisse.

Pacific Crest upgraded shares of eBay (NASDAQ: EBAY) to Outperform from Sector Perform.

Analyst summaries provided by TheFlyOnTheWall.com (subscription required).

Tags: analyst, cab, cabela, cdl, checkfree, citadel, ckfr, cox, cxr, ebay, entercom, etm, expe, expedia, fiserv, kbr, lea, lear, nok, nokia, rating, roadway, upgrade, yellow, yrcw

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Reader Comments (Page 1 of 1)

8-03-2007 @ 11:55AM

Michael Schneider said...

Recent items about Expedia (EXPE) as well as Amazon (AMZN) and Ebay and other Internet stocks are available free in the Internet Stock Update section (left side, green label) at http://www.Barrelomoney.com.

8-03-2007 @ 1:11PM

Andrew Horowitz said...

Nokia is a noBrainer. It is the top throughout the world, The N95 and the N line is going to be amazing when it finally reached the US in force.

NOK is a BUY...

Andrew

http://www.thedisciplinedinvestor.com