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Analyst upgrades: IBDRY, RIMM and SM

Posted Jan 18th 2008 11:43AM by Eric BuscemiEric Buscemi RSS Feed
Filed under: Analyst Upgrades and Downgrades


MOST NOTEWORTHY: Iberdrola, Research in Motion and St. Mary Land & Exploration Co were today's noteworthy upgrades:
  • Goldman upgraded shares of Iberdrola (IBDRY) to Buy from Neutral and added the company to its European Conviction Buy List on valuation following the recent weakness.
  • Oppenheimer upgraded Research in Motion (NASDAQ:RIMM) to Outperform from Perform citing lowered expectations and strong demand.
  • Suntrust raised its rating on St. Mary Land & Exploration (NYSE:SM) to Buy from Neutral, citing valuation and higher oil price estimates.
OTHER UPGRADES:
  • Broadpoint upgraded Cerner (CERN) to Buy from Neutral.
  • JP Morgan upgraded Wrigley (WWY) to Overweight from Neutral.
  • Credit Suisse upgraded Brookfield ASset Management (BAM) to Outperform from Neutral.

Tags: analyst upgrades, AnalystUpgrades, IBDRY, RIMM, SM

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Last updated: February 10, 2012: 11:58 AM

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