Analyst upgrades: DKS, ERIC and DT
Posted Nov 21st 2007 9:45AM by Eric Buscemi
Filed under: Analyst upgrades and downgrades, Aon Corp (AOC), Office Depot (ODP)
MOST NOTEWORTHY: Dick's Sporting, Ericsson and Deutsche Telekom were today's noteworthy upgrades:
- Citigroup upgraded shares of Dick's Sporting (NYSE: DKS) to Buy from Hold based on valuation, margin expansion and increased visibility.
- Ericsson (NASDAQ: ERIC) was raised to Buy from Hold at WestLB on valuation following yesterday's sell-off. The firm feels investors need to look beyond 2008.
- Lehman upgraded shares of Deutsche Telekom (NYSE: DT) to Equal Weight from Underweight as they believe earnings momentum will be seen in the near-term.
OTHER UPGRADES:
Tags: AOC, AON Corp., AonCorp., Deutsche Telekom, DeutscheTelekom, Dick's Sporting Goods, Dick'sSportingGoods, DKS, DT, ERIC, Ericsson, NCX, Nova Chemical, NovaChemical, ODP, OEH, Office Depot, OfficeDepot, Orient-Express, upgrades