Analyst upgrades: BRCD, GME, PBG and RFMD
Posted Aug 24th 2007 10:41AM by Kevin Shult
Filed under: Before the Bell, Analyst Reports, Analyst Upgrades and Downgrades, Good news, Stocks to Buy
MOST NOTEWORTHY: GameStop (GME), Brocade (BRCD), Tween Brands (TWB), Plantronics (PLT) and Arcelor Mittal (MT) were today's more notable upgrades:
- First Albany sees upside potential in GameStop (NYSE: GME) through 2008 and upgraded shares to Strong Buy from Buy.
- JMP Securities upgraded Brocade (NASDAQ: BRCD) to Market Outperform from Market Perform on valuation.
- Tween Brands (NYSE: TWB) was upgraded to Buy from Sell on valuation at Matrix USA.
- JMP Securities' checks indicate Altec Lansing's im600 iPod docking station/FM radio is selling better than expected, and upgraded shares of Plantronics (NYSE: PLT) to Market Outperform from Market Perform.
- Merrill upgraded shares of Arcelor Mittal (NYSE: MT) to Buy from Neutral to reflect the company's inclusion in the Euro Stoxx 50 Index in September as well as the positive global carbon steel environment...
OTHER UPGRADES:
Analyst summaries provided by
TheFlyOnTheWall.com (subscription required).
Tags: advanced medical, AdvancedMedical, analyst, arcelor, barr, brcd, brocade, eye, gamestop, gme, mittal, mrl, mt, pbg, plantroincs, plpt, rating, rfmd, twb, tween, upgrade
Walmart's New Health Food Push: Is It Too Hard to Swallow?
Bonds Are a 'Safe' Investment: A Big Lie Gets Even Bigger
Goldman Earnings Sink After Buffett Dividend
Johnson & Johnson's Income Falls 23%
Burberry Shares Leap on Sales Update
