Analyst upgrades: BHP, RTP and PRU
Posted Apr 4th 2008 10:50AM by Eric Buscemi
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Yamana Gold (AUY), BHP Billiton Ltd ADR (BHP), Rio Tinto plc ADS (RIO)
MOST NOTEWORTHY: BHP Billiton, Rio Tinto and Prudential Financial were today's noteworthy upgrades:
- Bernstein upgraded shares of BHP Billiton (NYSE: BHP) and Rio Tinto (NYSE: RTP) to Outperform from Market Perform as they believe urbanization in China will increase demand for metals.
- Prudential Financial (NYSE: PRU) was raised to Overweight from Underweight at Lehman as they believe the company's exposure to commercial mortgage-backed securities is limited.
OTHER UPGRADES:
Tags: analyst, auy, bhp, bhp billiton, BhpBilliton, bpo, brookfield, pru, prudential, rio tinto, RioTinto, rtp, sl green realty, slg, SlGreenRealty, upgrade, yamana gold, YamanaGold