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China Petroleum and Chemical Corporation posts

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Analyst upgrades: SNP, SVR and ATI

Posted Feb 11th 2008 9:44AM by Laurie Pasternack (RSS feed)
Filed under: Analyst Upgrades and Downgrades, Good news, Allegheny Technologies (ATI), Johnson Controls (JCI), Raytheon Company (RTN)

MOST NOTEWORTHY: China Petroleum & Chemical, Syniverse and Allegheny Tech were today's noteworthy upgrades:
  • Deutsche Bank upgraded China Petroleum & Chemical Corporation (NYSE: SNP) to Buy from Hold on valuation following the recent sell-off.
  • ThinkEquity upgraded Syniverse Holdings Inc (NYSE: SVR) to Buy from Accumulate citing growth from further price reductions and adoption of new technologies that will drive transaction volumes.
  • Allegheny Technologies Incorporated (NYSE: ATI) was raised to Buy from Neutral at Goldman.The firm upgraded Allegheny based on valuation, low stainless steel inventories, and nickel price stabilization.
OTHER UPGRADES:

Symbol Lookup
IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 12, 2012: 09:40 PM

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