Analyst upgrades: APOL, ZRAN, AMSG, AAPL and TRB
Posted Oct 23rd 2007 11:20AM by Eric Buscemi
Filed under: Analyst reports, Analyst upgrades and downgrades, Apple Inc (AAPL), Tribune Co. (TRB)
MOST NOTEWORTHY: Apollo Group, Zoran, AmSurg Corp, Apple and Tribune Co were today's noteworthy upgrades:
- Baird upgraded shares of Apollo Group (NASDAQ: APOL) to Outperform from Neutral based on positive enrollment and revenue trends, margin improvement, and a strategic international announcement.
- CIBC upped its rating on Zoran Corporation (NASDAQ: ZRAN) to Sector Outperformer from Sector Performer following strong Q3 results and guidance.
- Jefferies upgraded shares of AmSurg Corp (NASDAQ: AMSG) to Buy from Hold as they believe the new CEO is preparing to drive earnings growth through acquisitions.
- ThinkEquity continues to expect Apple (NASDAQ: AAPL) to outpace the industry in growth. The firm upgraded shares to Buy from Accumulate.
- Barrington upgraded shares of Tribune Company (NYSE: TRB) to Market Perform from Underperform on valuation, as they believe the current price significantly discounts the risks of the going private transaction getting done.
OTHER UPGRADES:
Tags: aapl, amsg, amsurg, analyst, apol, apollo, apple, arcelormittal, jah, jarden, mt, rhhby, roche, spwr, sunpower, ter, teradyne, trb, tribune, upgrade, zoran, zran