Analyst upgrades: MAT, VOLV, PMI, MOS and DMND
Posted Sep 21st 2007 10:30AM by Eric Buscemi
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Mattel, Inc (MAT)
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MOST NOTEWORTHY: Mattel, Volvo, PMI Group, Mosaic and Diamond Foods were today's noteworthy upgrades:
- Oppenheimer upgraded shares of Mattel Inc (NYSE: MAT) to Buy from Neutral citing valuation, strong 2008 product line-up, and expected organic sales growth.
- Goldman upgraded shares of Volvo (NASDAQ: VOLV) to Buy from Neutral on valuation as they believe the company's prospects for earnings are not priced into shares. Volvo was added to the firm's Conviction Buy List.
- PMI Group's (NYSE: PMI) rating was raised to Outperform from Market Perform at Piper Jaffray on valuation.
- Citigroup upgraded shares of Mosaic Company (NYSE: MOS) to Hold from Sell to reflect their increased commodity price forecasts.
- Diamond Foods Inc (NASDAQ: DMND) was upgraded to Buy from hold at BB&T Capital on valuation.
OTHER UPGRADES:
Tags: analyst, diamond, diana shipping, DianaShipping, dmnd, dsx, firm, mat, mattel, mos, mosaic, ngls, pmi, pmi group, PmiGroup, scs, steelcase, targa resources, TargaResources, tds, telephone and data systems, TelephoneAndDataSystems, upgrade, volv, volvo
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