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Analyst upgrades: Tower sector stocks, TSCDY and AA

Posted Jul 3rd 2008 11:32AM by Eric BuscemiEric Buscemi RSS Feed
Filed under: Analyst reports, Analyst upgrades and downgrades, Alcoa Inc (AA)

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MOST NOTEWORTHY: Tower sector stocks, Tesco Plc and Alcoa were today's noteworthy upgrades:
  • RBC Capital upgraded American Tower (NYSE:AMT), Crown Castle( NYSE::CCI), SBA Comm (NASDAQ:SBAC) to Outperform from Sector Perform citing recent weakness in the tower sector group and a continued favorable outlook.
  • Merrill upgraded shares of Tesco (Other OTC:TSCDY) to Buy from Neutral as they believe it is the only proven growth stock in the sector.
  • Soleil upgraded shares of Alcoa (NYSE:AA) to Hold from Sell on valuation following the recent weakness.
OTHER UPGRADES:

Tags: AA, ACI, AMT, analyst upgrades, AnalystUpgrades, BTU, CCI, inthenews, JEC, LLL, SBACTSCDY

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Last updated: November 25, 2009: 09:55 AM

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