Analyst upgrades: PII, EW, BE and FORSY
Posted Oct 5th 2007 10:34AM by Eric Buscemi
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Research in Motion (RIMM), Hunt(J.B.) Transport (JBHT)
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MOST NOTEWORTHY: Polaris Industries, Edwards Lifesciences, BearingPoint and Fortis were today's noteworthy upgrades:
- Rochdale upgraded Polaris Industries (NYSE: PII) to Buy from Hold, as they have increased confidence in the company's ability to achieve estimates.
- Piper upgraded shares of Edwards Lifesciences (NYSE: EW) as they believe the bad news is behind the company with a U.S. turnaround expected in 2008.
- Jefferies raised shares of BearingPoint (NYSE: BE) to Hold from Underperform on valuation as they believe the risk/reward is neutral following the recent pullback.
- Fortis (OTC: FORSY) was upgraded to Outperform from Peer Perform at Bear Stearns. The firm upgraded shares on valuation as they believe the recent weakness is overdone.
OTHER UPGRADES:
Tags: analyst, be, bearingpoint, brkr, bruker, cmc, commercial metals, CommercialMetals, edwards lifesciences, EdwardsLifesciences, ew, forsy, fortis, htx, hutchison, jb hunt, jbht, JbHunt, pii, polaris, research in motion, ResearchInMotion, rimm, upgrade, varian, vsea, wern, werner
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