- Stephens upgraded Schlumberger (SLB) to overweight from equal weight with an $80 price target, citing valuation and the company's international activity.
- Roth Capital upgraded Synutra International (SYUT) to buy from hold, citing the company's improved outlook, increased market share and valuation. The firm has a $27 target on shares.
- Oppenheimer upgraded Progressive (PGR) to perform from underperform as it believes the company's focus on growth could move shares higher in the near-term.
- Inergy Holdings (NRGP) was upgraded to buy from hold at Wunderlich.
- Best Buy (BBY) was upgraded to hold from sell at Societe Generale.
- Vale SA (VALE) was upgraded to buy from hold at Canaccord.
EEQ posts
FeedAnalyst Calls: BBY, BF.B, EEP, K, ORLY, PGR, SLB, SWK, TAP ...
Continue reading Analyst Calls: BBY, BF.B, EEP, K, ORLY, PGR, SLB, SWK, TAP ...
Analyst upgrades, downgrades and initiations: ART, BBY, HEV, NVDA, OSG, RDS.A ...
- FBR Capital upgraded Overseas Shipholding (NYSE: OSG) to Outperform from Market Perform following the Q3 results as it believes the worst quarters are behind the company. The firm raised its target on shares to $48 from $35.
- Deutsche Bank upgraded Corporate Executive Board (NASDAQ: EXBD) to Hold from Sell following the Q3 results to reflect the company's lower costs. The firm raised its target on shares to $22 from $18.
- RBC Capital upgraded Enbridge (NYSE: EEQ) to Sector Perform from Underperform after the company's partnership produced significantly higher than expected DCF. In addition, the firm raised its price target by $5 per unit to $46 to reflect an improved distribution schedule and more favorable debt leverage.
- Royal Dutch Shell (NYSE: RDS.A) was upgraded to Neutral from Underperform at Credit Suisse.
- BioForm Medical (NASDAQ: BFRM) was upgraded to Overweight from Neutral at Piper Jaffray.
- Alliance Data Systems (NYSE: ADS) was upgraded to Buy from Neutral at SunTrust.
Continue reading Analyst upgrades, downgrades and initiations: ART, BBY, HEV, NVDA, OSG, RDS.A ...
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