Analyst upgrades: WFR, C and SANM

MOST NOTEWORTHY: Memc Electronic, Citigroup and Sanmina were today's noteworthy upgrades:

Citigroup upgraded shares of Memc Electronic (NYSE:WFR) to Buy from Hold on valuation as they believe the bad news is priced in following the company's quarter. The firm raised Memc's target to $65 from $64. JP Morgan upgraded shares to Overweight from Neutral on valuation.
Morgan Stanley upgraded Citigroup (NYSE:C) to Equal Weight from Underweight based on asset sales, improved top-line, and dividend.
Credit Suisse upgraded Sanmina (NASDAQ:SANM) to Outperform from Neutral citing valuation and margin traction. The firm raised Sanmina's target to $2.50 from $1.60. Cowen upgraded Sanmina to Outperform from Neutral following the Q3 report and guidance.

OTHER UPGRADES:

Pharm Product (NASDAQ:PPDI) was upgraded at Baird to Outperform from Neutral.
Sunoco Logistics (NYSE:SXL) was raised to Outperform from Market Perform at Wachovia.
JP Morgan lifted Air Products (NYSE:APD) to Overweight from Neutral.

Tags: analyst upgrades, AnalystUpgrades, APD, C, inthenews, PPDI, SANM, SXL, WFR

#	Blogger	Posts	Cmts
1	Joseph Lazzaro	114	0
2	Tom Johansmeyer	103	3
3	Connie Madon	51	0
4	Steven Mallas	44	0
5	Tom Taulli	42	0
6	Mark Fightmaster	42	0
7	Trey Thoelcke	32	0
8	Steven Halpern	32	0
9	Melly Alazraki	26	0
10	Paul Foster	25	0
11	Zac Bissonnette	23	0
12	Brent Archer	22	0
13	Jon Ogg	22	0
14	Brian White	22	0
15	Jim Cramer	22	0
16	Elizabeth Harrow	19	0
17	Eric Buscemi	17	0
18	Sheldon Liber	13	0
19	Beth Gaston Moon	8	0
20	Michael Fowlkes	8	0

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

Other Weblogs Inc. Network blogs you might be interested in:

Skype soap opera ends as founders set to regain stake ahead of $2B sale Big LBOs are teetering, but Wall Street still planning record bonuses	Closing Bell: Economic Catapult for Thanksgiving & Black Friday (WMT, TGT, GRMN, GOOG, MSFT) Reid Hoffman: LinkedIn will go public (at some point) Microsoft CFO Chris Liddell leaving at the end of 2009
Dear Aunt TUAW: My "private" APIs... aren't A Dozen Daily Deals, Day 2 Ask TUAW: iMac processor upgrade, 27" iMac as display, wireless input devices, and more	Seven Mininova and Pirate Bay Alternatives to fend off P2P withdrawal Black Friday software deals you can score online My iPhone is jailbroken - is it insecure?
Glenbrook Nevada, Estate of the Day Casio G-Shock Mini Deco-G Watch Is Easy Holiday Splurge Westin At Home Adds A Blanket For The Road	Google set to map the world -- and push out GPS makers as a result? Closing Bell: Economic Catapult for Thanksgiving & Black Friday (WMT, TGT, GRMN, GOOG, MSFT) Reid Hoffman: LinkedIn will go public (at some point)