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Analyst upgrades: Tower sector stocks, TSCDY and AA

Posted Jul 3rd 2008 11:32AM by Eric Buscemi
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Alcoa Inc (AA)

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:

Arch Coal (NYSE:ACI) and Peabody Energy (NYSE:BTU) were upgraded to Buy from Hold at Citigroup.
L-3 Comm (NYSE:LLL) was raised to Outperform from Neutral at Cowen.
Jacobs Engineering (NYSE:JEC) was lifted to Buy from Hold at Morgan Joseph.

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

Reader Comments (Page 1 of 1)

1

7-03-2008 @ 12:58PM

Erikaduh said...

Sell all AIG stock it's going down big time!

2 stars

Indexes	Change	Price
DJIA	-89.23	12,801.23
NASDAQ	-23.35	2,903.88
S&P 500	-9.31	1,342.64

Last updated: February 13, 2012: 02:25 AM

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