Analyst upgrades: NFP, BLKB and TWMC
Posted May 8th 2008 11:07AM by Eric Buscemi
Filed under: Analyst reports, Analyst upgrades and downgrades
MOST NOTEWORTHY: National Financial Partners, Blackbaud and Trans World were today's noteworthy upgrades:
- Citigroup upgraded shares of National Financial Partners (NYSE:NFP) to Buy from Hold on valuation, as they believe the recent weakness is overdone. Citigroup also added the stock to their Top Picks Live list.
- Jefferies upgraded shares of Blackbaud (NASDAQ:BLKB) to Hold from Underperform on valuation, as they believe management did the right thing by lowering guidance while buying back stock more aggressively.
- B. Riley lifted Trans World (NASDAQ:TWMC) to Buy from Neutral as they believe the company could ultimately go private should credit conditions improve
OTHER UPGRADES:
Tags: analyst, anh, anworth, bdn, blackbaud, blkb, brandywine, inthenews, national financial, NationalFinancial, nfp, trans world, TransWorld, twmc, unit, unt, upgrade