Slim Down for Summer with That's Fit

AOL Money & Finance

Analyst upgrades: WMGI, BMY and TIBX

Posted Jun 27th 2008 11:52AM by Eric Buscemi
Filed under: Analyst upgrades and downgrades, Bristol-Myers Squibb (BMY)

MOST NOTEWORTHY: Wright Medical, Bristol-Myers and Tibco were today's noteworthy upgrades:
  • Thomas Weisel upgraded shares of Wright Medical (NASDAQ: WMGI) to Overweight from Market Weight after transferring coverage to another analyst, as they believe the company is well-positioned for continued good near-term performance.
  • Bernstein upgraded Bristol-Myers (NYSE: BMY) to Outperform from Market Perform citing valuation, growth, and views the company as a potential M&A target.
  • Jefferies upgraded Tibco (NASDAQ: TIBX) to Hold from Underperform as they believe investor expectations for a buyout will keep the stock steady despite the company's deteriorating fundamentals.
OTHER UPGRADES:
  • Independent Bank (NASDAQ: IBCP) was raised to Perform from Underperform at Oppenheimer.
  • Brinker (NYSE: EAT) was raised at Goldman to Neutral from Sell.
  • Piper upgraded The9 (NASDAQ: NCTY) to Buy from Neutral.

Tags: bcp, bmy, eat, ncty, tibx, wmgi

  • Permalink
  • Email this
  • Print this
  • Comments [0]

Related Posts

Add your comments

Please keep your comments relevant to this blog entry. Email addresses are never displayed, but they are required to confirm your comments.

When you enter your name and email address, you'll be sent a link to confirm your comment, and a password. To leave another comment, just use that password.

To create a live link, simply type the URL (including http://) or email address and we will make it a live link for you. You can put up to 3 URLs in your comments. Line breaks and paragraphs are automatically converted — no need to use <p> or <br /> tags.

Symbol Lookup
IndexesChangePrice
DJIA-130.8411,348.55
NASDAQ-32.622,384.36
S&P 500-11.911,266.69

Last updated: August 20, 2008: 09:18 AM

BloggingStocks Exclusives

Hot Stocks

BloggingStocks Featured Video

TheFlyOnTheWall.com Headlines

WalletPop Headlines

AOL Business News

Latest from BloggingBuyouts

Sponsored Links

Most Commented On (14 days)

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

  • My Portfolio
  • Create a New Portfolio

BloggingStocks Partners

More from AOL Money & Finance

Weblogs, Inc. Network