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Analyst upgrades: DE, BA and AKH

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MOST NOTEWORTHY: Deere, Boeing and Air France were today's noteworthy upgrades:
  • Banc of America upgraded shares of Deere (NYSE: DE) to Buy from Neutral and raised their target to $186 from $130 as they expect upside in 2008 from favorable global agriculture fundamentals.
  • Wachovia raised its rating on Boeing (NYSE: BA) to Outperform from Market Perform citing favorable risk/reward as domestic economic concerns and 787 development risks are discounted in valuation.
  • Air France (NYSE: AKH) was upgraded to Buy from Hold at Citigroup, as they believe the company's joint venture with Delta Air Lines (NYSE: DAL) will boost margins.
OTHER UPGRADES:
  • Baird upgraded OmniVision (NASDAQ: OVTI) to Neutral from Underperform.
  • Deutsche Bank upgraded Philips Electronics (NYSE: PHG) to Buy from Hold.
  • Tidewater (NYSE: TDW) was upgraded to Buy from Hold at Jefferies.
  • Lehman raised Kimberly Clark (NYSE: KMB) to Equal Weight from Underweight.
Symbol Lookup
IndexesChangePrice
DJIA+44.2910,291.26
NASDAQ+15.822,166.90
S&P 500+5.501,098.51

Last updated: November 11, 2009: 11:42 PM

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