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Analyst upgrades: SGMS, COT and HWCC

Posted Jun 20th 2008 11:14AM by Eric Buscemi
Filed under: Analyst Reports, Analyst Upgrades and Downgrades

MOST NOTEWORTHY: Scientific Games, COTT Corp and Houston Wire & Cable were today's noteworthy upgrades:

Morgan Stanley upgraded Scientific Games (NASDAQ: SGMS) to Overweight from Equal Weight as they believe investors are underestimating the company's opportunity in China and sees potential upside to estimates.
CIBC upgraded COTT Corp (NYSE: COT) to Sector Outperformer from Sector Performer citing the company's re-focus on Retail Brands and adding talent to the board.
William Blair raised Houston Wire & Cable (NASDAQ: HWCC) to Outperform from Market Perform on valuation and the company's continued large project growth.

OTHER UPGRADES:

Beazer Homes (NYSE: BZH) was raised to Neutral from Sell at UBS.
Pepsi Bottling (NYSE: PBG) and Portland General Electric (NYSE: POR) were upgraded to Neutral from Underweight at JP Morgan.
Keefe Bruyette upgraded Fifth Third Bancorp (NASDAQ: FITB) to Outperform from Market Perform.

Tags: BZH, COT, FITB, HWCC, POR, SGMS

Indexes	Change	Price
DJIA	-109.13	12,781.33
NASDAQ	-17.79	2,909.44
S&P 500	-9.40	1,342.55

Last updated: February 10, 2012: 01:03 PM

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