Analyst upgrades: LRCX, DT and FTE
Posted Jul 1st 2008 10:59AM by Eric Buscemi
Filed under: Analyst reports, Analyst upgrades and downgrades, New York Times'A' (NYT), American Express (AXP)
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MOST NOTEWORTHY: Lam Research, Deutsche Telekom and France Telecom were today's noteworthy upgrades:
- Credit Suisse upgraded Lam Research (NASDAQ:LRCX) to Outperform from Neutral citing margin expansion and valuation. Lam was named the firm's top pick in SCE names for 2H08.
- JP Morgan upgraded shares of Deutsche Telekom (NYSE:DT) to Overweight from Neutral as they expect a stronger second half of the year for the industry.
- France Telecom (NYSE:FTE) was upgraded to Buy from Neutral at Merrill and to Buy from Hold at Societe Generale after the company walked away without bidding for Sweden's TeliaSonera.
OTHER UPGRADES:
Tags: analyst upgrades, AnalystUpgrades, AXP, COF, DFS, DT, FTE, inthenews, LRCX, NYT, SANM, SIRI
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