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Analyst upgrades:

  • Baird upgraded Fifth Third Bancorp (NASDAQ: FITB), SunTrust (NYSE: STI) and Wells Fargo (NYSE: WFC) to Outperform from Neutral citing the ability to raise cheap capital following the Treasury's aggressive policy response.
  • Keefe Bruyette upgraded First Security Group (NASDAQ: FSGI), Amcore Financial (NASDAQ: AMFI) and Seacoast Banking (NASDAQ: SBCF) to Outperform from Market Perform to reflect the benefits of the government's TARP program.
  • Suntrust believes Zions Bancorp (NASDAQ: ZION) is disproportionately positioned to benefit from what should be a wave of industry fallout and consolidation over the next few years. Shares were upgraded to Buy from Neutral.
  • Cadbury (NYSE: CBY) was raised to Hold from Sell at ING Group.
  • Ericsson (NASDAQ: ERIC) was raised to Neutral from Sell at Goldman.
  • Genentech (NYSE: DNA) was upgraded at Piper Jaffray to Buy from Neutral.

Analyst downgrades:

Continue reading Analyst calls: EBAY, DELL, WFC, RBS, STM, DNA . . .

Analyst calls: EBAY, DELL, WFC, RBS, STM, DNA . . . originally appeared on BloggingStocks on Wed, 15 Oct 2008 12:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AMFIAMSGCBYCCRNCGVCHRWDELLDNAEBAYERICFDXFITBFSGIIDIXMOVPENNRBSSTISTMWFCZIONWed, 15 Oct 2008 12:00:00 EST