Analyst upgrades: EBAY, ANH, HWAY, KO and MAT
Posted Oct 18th 2007 11:00AM by Eric Buscemi
Filed under: Analyst reports, Analyst upgrades and downgrades, eBay (EBAY), Coca-Cola (KO), Mattel, Inc (MAT), Palm Inc (PALM)
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MOST NOTEWORTHY: eBay, Anworth Mortgage, Healthways, Coca-Cola and Mattel were today's noteworthy upgrades:
- Soleil upgraded shares of eBay (NASDAQ: EBAY) to Hold from Sell following the Q3 results due to improving near term fundamentals with diversification of revenue streams.
- JMP Securities raised estimates on Anworth Mortgage (NYSE: ANH) to Strong Buy from Market Outperform citing the lower cost of funding and the expected improvement in earnings.
- Healthways (NASDAQ: HWAY) was upgraded to Buy from Neutral at Broadpoint, as they believe the company's guidance implies it is well positioned into FY09.
- Gabelli upgraded shares of Coca-Cola (NYSE: KO) to Buy from Hold as they believe strong international demand and the company's ability to execute will lead to double digit growth in coming years.
- Mattel (NYSE: MAT) was upgraded to Outperform from Neutral at Credit Suisse. The firm views risk/reward as compelling.
OTHER UPGRADES:
Tags: analyst, anh, anworth mortgage, AnworthMortgage, coca-cola, ebay, eric, ericsson, healthways, hway, ko, mat, mattel, palm, rep, repsol, thornburg mortgage, ThornburgMortgage, tma, upgrade
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Reader Comments (Page 1 of 1)
10-18-2007 @ 12:03PM
V.S. said...
Analyst should have included GM in the upgrade since Merrill Lynch upgraded GM last week..The new contract is even better than Peter Nesvold, an analyst for Bear Sterns reported. This contract gives the automaker plenty of "flexibility" in moving their products in & out of production without added costs now. Another contract breadthrough for GM is the fact that there is a four year wage freeze. This will allow GM to make long term committments with their suppliers and win huge rewards in quality from these suppliers in the form of set contracts more than 1 year. This is a huge, huge benefit that stock brokers do not realize yet.