MOST NOTEWORTHY: Wynn Resorts, Exxon, Hess, Starbucks and Tyson Foods were today's noteworthy upgrades.
- Jefferies upgraded Wynn (NYSE:WYNN) to Buy from Hold on valuation, as they believe the recent 25% drop in the stock creates a buying opportunity.
- UBS upgraded Exxon (NYSE:XOM) and Hess (NYSE:HES) to Buy from Neutral due to an increase in the firm's oil price forecast.
- Friedman Billings upgraded Starbucks (NASDAQ:SBUX) to Outperform from Market Perform because they believe shareholder activism will influence the company in the wake of its downturn.
- Tyson Foods (NYSE:TSN) was upgraded to Outperform from Market Perform by BMO Capital because the firm thinks the company's pork business will strengthen in 2008...
OTHER UPGRADES:
Nuclear power is on the comeback trail
Apple backs AT&T in continuing spat with Verizon
Closing Bell: The recession is still over, still... do you feel it?
