Analyst upgrades: NGG, SHPGY, ONNN and ENB
Posted Sep 18th 2007 11:00AM by Eric Buscemi
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Lockheed Martin (LMT)
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MOST NOTEWORTHY: National Grid, Shire Plc, On Semiconductor and Enbridge were today's noteworthy upgrades:
- Deutsche Bank upgraded shares of National Grid (NYSE: NGG) to Buy from Hold as they believe the Keyspan deal will be positive for shareholders.
- Goldman upgraded shares of Shire Plc (NASDAQ: SHPGY) to Buy from Neutral and added the stock to their Conviction Buy List on valuation and expected gains in the ADHD market.
- On Semiconductor (NASDAQ: ONNN) was upgraded to Outperform from Market Perform at Wachovia on valuation.
- Enbridge Inc (NYSE: ENB) was raised to Sector Outperformer from Sector Performer at CIBC World Markets, as the firm sees an attractive 3-year return potential as new projects come into service and expects the stock's relative underperformance to come to an end.
OTHER UPGRADES:
Tags: analyst, enb, enbridge, firm, greenfield online, GreenfieldOnline, healthcare realty, HealthcareRealty, hr, lmt, lockheed martin, LockheedMartin, ltc, ltc properties, LtcProperties, national grid, NationalGrid, ngg, on semi, onnn, OnSemi, rrr, rsc holdings, RscHoldings, shire, shpgy, srvy, upgrade, vc, ventas, visteon, vtr
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