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Closing Bell: The Bulls Return (AGAM, ABK, AIG, C, DV, LULU, STX)

A stronger than expected homebuilder confidence indicator was added to, along with positive earnings bias, and some hope that currency fluctuations may be nearing an inflection point.

Here were today's unofficial market closing bell levels:

Dow Jones 11,143.69 +80.91 (0.73%)
S&P 500 1,184.71 +8.52 (0.72%)
Nasdaq 2,480.66 +11.89 (0.48%)

Top Analyst Calls

Continue reading Closing Bell: The Bulls Return (AGAM, ABK, AIG, C, DV, LULU, STX)

Analyst Calls: GLW, KSU, LYG, MFE, MWV, RIMM, RSG, RY, SRCL, SYMC ...

Analyst Upgrades

  • Goldman upgraded Republic Services (RSG) to buy from neutral and raised its price target to $34 from $32. The firm cites valuation for the upgrade.
  • Deutsche Bank upgraded MeadWestvaco (MWV) to buy from hold due to valuation and keeps a $29 price target for shares.
  • UBS upgraded Symantec (SYMC) to buy from neutral.
  • Lloyds Banking (LYG) upgraded to add from neutral at WestLB.
  • Ternium (TX) was upgraded to overweight from equal weight at Barclays.

Continue reading Analyst Calls: GLW, KSU, LYG, MFE, MWV, RIMM, RSG, RY, SRCL, SYMC ...

Analyst upgrades, downgrades and initiations: ANF, BIDU, DE, FCX, HBC, SWY, USB ...

Analyst upgrades:

  • FBR upgraded Abercrombie & Fitch (ANF) to reflect strong channel checks over the Black Friday weekend. The firm raised its target on shares to $46 from $39.
  • Morgan Stanley upgraded Safeway (SWY), citing improvements in pricing.
  • Baird upgraded US Bancorp (USB) based on valuation. The firm raised its target price to $29 from $25.
  • HSBC Holdings (HBC) was upgraded to buy from neutral at BofA/Merrill.
  • Genzyme (GENZ) was upgraded to buy from hold at Citigroup.
  • Deere (DE) was upgraded to outperform from market perform at Wells Fargo.

Continue reading Analyst upgrades, downgrades and initiations: ANF, BIDU, DE, FCX, HBC, SWY, USB ...

Symbol Lookup
IndexesChangePrice
DJIA+76.7012,877.93
NASDAQ+25.592,929.47
S&P 500+9.161,351.80

Last updated: February 13, 2012: 03:37 PM

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