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Analyst upgrades: ATPG, FL, DCP and CC

Posted Dec 10th 2007 12:01PM by Eric Buscemi
Filed under: Analyst Upgrades and Downgrades, Circuit City Stores (CC)

MOST NOTEWORTHY: ATP Oil & Gas, Foot Locker, DynCorp and Circuit City were today's noteworthy upgrades:

Calyon upgraded shares of ATP Oil & Gas (NASDAQ: ATPG) to Add from Neutral and raised their target to $52 from $50 as they believe the company is nearing its year-end production target and its balance sheet is positioned to improve.
Merrill upgraded Foot Locker (NYSE: FL) to Buy from Neutral citing easing comps and stabilization in premium product demand.
Wachovia upgraded DynCorp International Inc. (NYSE: DCP) to Outperform from Market Perform citing its re-compete award for the $4.6 billion Army Linguist contract.
Soleil upgraded shares of Circuit City Stores (NYSE: CC) to Buy from Hold, as they believe the company's real estate rationalization program and new "The City" store concept will drive earnings growth over the next few years.

OTHER UPGRADES:

StatoilHydro (NYSE: STO) was raised to Hold from Sell at Societe Generale.
UBS raised its rating on Ryanair (NASDAQ: RYAAY) and Air France (NYSE: AKH) to Buy from Neutral.
Citigroup upgraded Bankrate Inc. (NASDAQ: RATE) to Buy from Hold.

Tags: AKH, atpg, cc, dcp, fl, RATE, ryaay, sto, upgrades

Indexes	Change	Price
DJIA	+5.75	12,883.95
NASDAQ	+11.78	2,915.86
S&P 500	+2.91	1,349.96

Last updated: February 08, 2012: 10:26 PM

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