Analyst upgrades: KO, NVO, EQIX, PETM, URBN
Posted Feb 8th 2008 9:47AM by Laurie Pasternack
Filed under: Analyst Upgrades and Downgrades, Good news, Coca-Cola (KO), Urban Outfitters (URBN)
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MOST NOTEWORTHY: Coca-Cola, Novo Nordisk and Equinix were today's noteworthy upgrades:
- Bear Stearns upgraded The Coca-Cola Company (NYSE: KO) to Outperform from Peer Perform, as they expect it to post solid earnings short-term with potential upside, and over the long-term due to its upgraded business model.
- Bernstein raised its rating on Novo Nordisk AS (NYSE: NVO) to Outperform from Market Perform, as they believe consensus estimates do not reflect the company's growth potential.
- Merriman upgraded shares of Equinix Inc (NASDAQ: EQIX) to Buy from Neutral on valuation following the recent sell-off. The firm expects strong Q4 results.
OTHER UPGRADES:
Tags: BG Group, BgGroup, BRGYY, Coca-Cola, EQIX, Equinix, inthenews, KO, Novo Nordisk, NovoNordisk, NVO, PETM, PetSmart, upgrades, Urban Outfitters, UrbanOutfitters, URBN
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