Analyst upgrades: SGMS, COT and HWCC

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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:
Symbol Lookup
IndexesChangePrice
DJIA+150.2510,058.64
NASDAQ+24.822,150.87
S&P 500+13.781,070.52

Last updated: February 09, 2010: 08:42 PM

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