Analyst upgrades: LULU, NCC and DVN
Posted Apr 3rd 2008 11:26AM by Eric Buscemi
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, eBay (EBAY)
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MOST NOTEWORTHY: Lululemon, National City and Devon Energy were today's noteworthy upgrades:
- Thomas Weisel upgraded shares of Lululemon (NASDAQ:LULU) to Overweight from Market Weight as they believe the company's momentum continues following the strong results; the firm maintains a $43 target on shares.
- Bear upgraded National City (NYSE:NCC) to Outperform from Underperform citing favorable risk/reward following reports is is considering a transaction with KeyCorp (NYSE:KEY).
- JP Morgan raised Devon Energy (NYSE:DVN) to Overweight from Neutral citing solid organic growth with high rates of returns.
OTHER UPGRADES:
Tags: analyst, devon, dvn, ebay, lulu, lululemon, marathon oil, MarathonOil, micron, mro, mu, national city, NationalCity, ncc, upgrade
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