Analyst upgrades 8-23-07: CFC, TOL, TSN and UPS
Posted Aug 23rd 2007 10:24AM by Kevin Shult
Filed under: Before the bell, Analyst reports, Analyst upgrades and downgrades, Good news, Countrywide Financial (CFC), United Parcel'B' (UPS), Toll Brothers (TOL), Tyson Foods'A' (TSN), Stocks to Buy
MOST NOTEWORTHY: Countrywide Financial (CFC), Toll Brothers (TOL), United Parcel Service (UPS) and OSI Pharma (OSIP) were today's noteworthy upgrades:
- Both Friedman Billings and Wachovia upgraded Countrywide Financial (NYSE: CFC) to Market Perform from Underperform following the $2 billion investment by the Bank of America (BAC).
- JMP Securities upgraded Toll Brothers (NYSE: TOL) to Market Perform from Underperform and believes the worst news on housing is reflected and that fears over a disappearing jumbo loan market are overblown.
- Wachovia raised OSI Pharma (NASDAQ: OSIP) to Market Perform from Underperform on valuation...
OTHER UPGRADES:
Analyst summaries provided by TheFlyOnTheWall.com (subscription required). Tags: analyst, cfc, china netcom, ChinaNetcom, cn, countryside, imax, infospace, insp, joy, joyg, osi, osip, rating, tol, toll brothers, TollBrothers, tsn, tyson, united parcel, UnitedParcel, upgrade, ups
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