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MOST NOTEWORTHY: Barclays, City National and BAE Systems were today's noteworthy upgrades:
- Morgan Stanley upgraded shares of Barclays (NYSE:BCS) to Overweight from Equal Weight after the company announced plans to raise capital and disclosed no further write-downs.
- Keefe Bruyette lifted City National (NYSE:CYN) to Outperform from Market Perform on valuation, as they believe the company should outperform peers in terms in credit quality.
- Societe Generale upgraded shares of BAE Systems (Other OTC:BAESY) to Buy from Hold to reflect the company's earnings visibility.
OTHER UPGRADES:
Tax Reform in This Election Year: It's Not Likely
Which Credit Card Rewards Does the IRS Care About?
Goldman Earnings Sink After Buffett Dividend
Johnson & Johnson's Income Falls 23%
Burberry Shares Leap on Sales Update
