CMCO posts
FeedPosted Feb 23rd 2009 12:00PM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Exxon Mobil (XOM), Estee Lauder (EL), Netflix, Inc. (NFLX), Barrick Gold (ABX), UAL Corp (UAUA), Analyst initiations
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Analyst upgrades:
- Citigroup upgraded Blue Nile (NASDAQ: NILE) shares to Buy from Hold on valuation following the recent sell-off as they believe weakening fundamentals have been factored into estimates and that Blue Nile should benefit from the recent softening of diamond prices. The firm raised its target price to $30 from $20.
- Baird upgraded AmSurg (NASDAQ: AMSG) to Outperform from Neutral based on valuation, potential upside from in-line results, good visibility, and FCF yield.
- Oppenheimer upgraded DryShips (NASDAQ: DRYS) to Perform from Underperform on valuation following the recent weakness and believes the company is at least halfway through its $500M equity offering.
- UAL Corp (NASDAQ: UAUA) was raised to Buy from Neutral at Banc of America/Merrill.
- Mylan (NASDAQ: MYL) was upgraded to Overweight from Equal Weight at Barclays.
- Exxon Mobil (NYSE: XOM) was lifted at Deutsche Bank to Buy from Hold.
Continue reading Analyst upgrades, downgrades and initiations: NILE, XOM, MT, NFLX ...
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