Analyst upgrades: WMB, KRC and DVAX
Posted Feb 22nd 2008 11:50AM by Eric Buscemi
Filed under: Analyst upgrades and downgrades
MOST NOTEWORTHY: Williams, Kilroy Realty and Dynavax Tech were today's noteworthy upgrades:
- RBC upgraded shares of Williams (NYSE: WMB) to Outperform from Sector Perform to reflect their expectation for three years of double-digit production growth in the company's E&P business.
- Kilroy Realty (NYSE: KRC) was upgraded to Outperform from Neutral as they believe the current valuation does not reflect the company's pure asset value.
- Oppenheimer upgraded shares of Dynavax Tech (NASDAQ: DVAX) to Outperform from Perform as they expect positive phase III results for Heplisav around mid-2008, driving shares higher.
OTHER UPGRADES:
Tags: DFS, Discover, DVAX, Dynavax Tech, DynavaxTech, Heplisav, Kilroy Realty, KilroyRealty, KRC, Linear Tech, LinearTech, LLTC, Nalco Holding, NalcoHolding, NLC, Verenium, VRNM, Williams, WMB