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Analyst upgrades: AstraZeneca, Massey Energy, Freeport McMoRan

Posted Apr 15th 2008 12:25PM by Eric Buscemi
Filed under: Analyst reports, Analyst upgrades and downgrades, Freep't McMoRan Copper (FCX)

MOST NOTEWORTHY: AstraZeneca, Massey Energy and Freeport McMoRan were today's noteworthy upgrades:

  • Dresdner Kleinwort upgraded shares of AstraZeneca (NYSE: AZN) to Buy from Hold following the company's settlement with Ranbaxy on the Nexium patent.
  • Massey Energy (NYSE: MEE) was raised to Overweight from Neutral at Massey Energy citing the company's leverage to metallurgical coal prices in 2009.
  • Freeport McMoRan (NYSE: FCX) was upgraded at HSBC to Overweight from Neutral on valuation.

OTHER UPGRADES:

Tags: analyst, arcelor mittal, ArcelorMittal, astrazeneca, azn, bernis, bms, fcx, freeport mcmoran, FreeportMcmoran, massey, mee, mt, upgrade

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