MOST NOTEWORTHY: Vodafone, AstraZeneca and Forest Oil were today's noteworthy upgrades:
- Bear Stearns upgraded shares of Vodafone (NYSE: VOD) to Outperform from Peer Perform on valuation, as they believe the stock trades at a discount to peers.
- AstraZeneca (NYSE: AZN) was raised to Buy from Hold at Citigroup to reflect the potential for higher sales of the company's Crestor cholesterol pill.
- Jefferies upgraded shares of Forest Oil (NYSE: FST) to Buy from Hold and raised their target to $63 from $50 following the company's "bullish" analyst conference.
OTHER UPGRADES:
- Pharmasset (NASDAQ: VRUS) was raised to Buy from Neutral at UBS.
- Deutsche Bank upgraded China Mobile (NYSE: CHL) to Buy from Hold.
- Morgan Keegan upgraded RadNet (NASDAQ: RDNT) to Outperform from Market Perform.
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