Backcock Brown posts
FeedPosted Oct 28th 2008 10:25AM by Laurie Pasternack (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Google (GOOG), Yahoo! (YHOO), New York Times'A' (NYT), AMR Corp (AMR), UAL Corp (UAUA), Intuit Inc (INTU), Analyst initiations, Delta Air Lines (DAL), Andersons Inc (ANDE)
.gif)
Analyst upgrades:
- Calyon upgraded major network carriers based on falling oil prices and capacity cuts. The analyst is positive over the next 12 months but cautious short-term given the uncertain economy, and volatile markets and oil prices. AMR Corp (NYSE: AMR) and Delta Air (NYSE: DAL) were upgraded to Add from Neutral and UAL Corp (NASDAQ: UAUA) was raised to Neutral from Reduce.
- Ryanair (NASDAQ: RYAAY) was upgraded at Citigroup to Buy from Hold.
- Boardwalk Pipeline (NYSE: BWP) was raised to Buy from Hold at Deutsche Bank.
- Cowen lifted Biogen Idec (NASDAQ: BIIB) to Outperform from Neutral.
- JP Morgan upgraded Choice Hotels (NYSE: CHH) to Neutral from Underweight following the better-than-expected Q3 report.
- Oppenheimer upgraded shares of Integra LifeSciences (NASDAQ: IART) to Outperform from Perform on valuation, the company's minimal exposure to economic conditions, and expectations for margin improvement and a rebound in organic growth.
Analyst downgrades:
Continue reading Analyst calls: AMR, DAL, UAUA, RYAAY, BIIB, SHW, EQ, INTU, NYT, GOOG, YHOO ...
Comfort Zone Investing: The unmighty dollar
Five winners of a weak dollar
For a quick-read on the U.S. economy, check the price of gasoline
