Savings Experiment: Snow Removal
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MOST NOTEWORTHY: Comcast, Time Warner Cable, YRC Worldwide and Syniverse were today's noteworthy upgrades:
- Soleil upgraded shares of Comcast (NASDAQ: CMCSA) and Time Warner Cable (NYSE: TWC) to Buy from Hold on improving fundamentals, as they believe the economic stimulus package should drive consumer demand in 2H08.
- Stephens upgraded shares of YRC Worldwide (NASDAQ: YRCW) to Overweight from Underweight as they believe management is making meaningful changes.
- Syniverse (NYSE: SVR) was raised to Overweight from Neutral at JP Morgan. The firm upgraded shares based on accelerating organic growth from consumer wireless data usage.
OTHER UPGRADES:
- Deutsche Bank upgraded NYSE Euronext (NYSE: NYX) to Buy from Hold.
- VASCO Data Security (NASDAQ: VDSI) was upgraded to Buy from Hold at Jefferies.
- Goldman upgraded Lukoil (OTC: LUKOY) to Buy from Neutral.
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