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Analyst calls: BBBY, WYE, SLH, ADM, BRCM, TEVA . . .

Analyst upgrades:

  • Goldman upgraded Bed Bath & Beyond (NASDAQ: BBBY) to Buy from Neutral based on valuation and a potential margin rebound at Linens N' Things.
  • Citigroup upgraded Rockwell Automation Inc. (NYSE: ROK) to Hold from Sell on valuation and believes expectations have been reset to a reasonable level. The company's target was lowered to $27 from $33.
  • Friedman Billings upgraded shares of Ceradyne (NASDAQ: CRDN) to Outperform from Market Perform on valuation following the recent weakness and thinks the Army will move forward with a larger XSAPI procurement in FY09. The firm raised their target to $30 from $26.
  • Goldman added Wyeth (NYSE: WYE) to the Conviction Buy List.
  • Equity Residential (NYSE: EQR) was upgraded to Buy from Neutral at UBS.
  • Analog Devices (NYSE: ADI) was raised to Overweight from Equal Weight at Morgan Stanley.

Analyst downgrades:

Continue reading Analyst calls: BBBY, WYE, SLH, ADM, BRCM, TEVA . . .

Symbol Lookup
IndexesChangePrice
DJIA+35.0710,282.04
NASDAQ+11.592,162.67
S&P 500+4.801,097.81

Last updated: November 11, 2009: 12:57 PM

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