Analyst upgrades: FLR, FWRD and MDR
Posted Mar 6th 2008 11:00AM by Eric Buscemi
Filed under: Analyst reports, Analyst upgrades and downgrades, Oracle Corp (ORCL), Tyson Foods'A' (TSN)
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MOST NOTEWORTHY: Fluor, Forward Air and McDermott were today's noteworthy upgrades:
- Citigroup upgraded shares of Fluor (NYSE: FLR) to Buy from Hold to reflect the company's strong performance and backlog in Q4 and raised their target to $190.50 from $158.
- Baird upgraded Forward Air (NASDAQ: FWRD) to Outperform from Neutral citing near-term growth initiatives that are gaining traction.
- Citigroup also upgraded shares of McDermott (NYSE: MDR) to Buy from Hold to reflect the company's strong Q4 performance and rising commodity prices.
OTHER UPGRADES:
Tags: analyst, china unicom, ChinaUnicom, chu, digital realty, DigitalRealty, dlr, flr, fluor, forward air, ForwardAir, fwrd, mcdermott, mdr, oracle, orcl, pld, prologis, tsn, tyson, upgrade
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