Analyst upgrades: JWN, JCP, ZQK, OMTR and CCK
Posted Mar 10th 2008 11:31AM by Eric Buscemi
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Penney (J.C.) (JCP), Nordstrom, Inc (JWN)
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MOST NOTEWORTHY: Quiksilver, Omniture and Crown Holdings were today's noteworthy upgrades:
- B. Riley upgraded shares of Quiksilver (NYSE: ZQK) to Buy from Neutral on valuation and to reflect the EPS catalyst and debt reduction associated with divesting Rossignol.
- Friedman Billings upgraded shares of Omniture (NASDAQ: OMTR) to Outperform from Market Perform following the recent pullback, as they believe the company is in its best competitive position ever, which should drive increasing win rates and help restore pricing power.
- Banc of America upgraded shares of Crown Holdings (NYSE: CCK) to Buy from Neutral to reflect the company's international exposure and believes metal packaging companies should be better able to manage input inflation.
OTHER UPGRADES:
Tags: abc, amed, amedisys, amerisourcebergen, analyst, cck, crown holdings, CrownHoldings, inthenews, jc penney, jcp, JcPenney, jwn, nordstrom, omniture, omtr, quiksilver, zqk
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