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Analyst upgrades, downgrades and initiations: HOT, MVL, NDAQ, PALM, YUM ...

Analyst Upgrades

  • Goldman upgraded Yum! Brands (NYSE: YUM) to Buy from Neutral on expectations business in the U.S. and China will improve in the second half of 2009. Goldman raised its target price on shares to $40 from $36.
  • Canaccord upgraded Exco Resources (NYSE: XCO) to Buy from Speculative Buy citing the company's financial transactions to reduce debt. The firm, which has a $17 target on the stock, says Exco now has a stronger balance sheet, a greater geographic focus, and the ability to expedite drilling programs.
  • ThinkEquity upgraded Shanda (NASDAQ: SNDA) to Accumulate from Source of Funds and raised its target to $60 from $50. The firm believes recent weakness on regulatory concerns is overdone and that Q2 estimates are conservative.
  • Mack-Cali Realty (NYSE: CLI) was upgraded to Overweight from Equal Weight at Barclays.
  • Marvel Entertainment (NYSE: MVL) was upgraded to Overweight from Neutral at JPMorgan.
  • France Telecom (NYSE: FTE) was upgraded to Outperform from Underperform at Credit Suisse.

Continue reading Analyst upgrades, downgrades and initiations: HOT, MVL, NDAQ, PALM, YUM ...

Energy Recovery (ERII): Desalinization amd water infrastructure

"It's no secret that the world is facing a severe water shortage; many experts, believe the next major war will be fought over water, not oil," says Marc Lichtenfeld.

The senior equity analyst for the top-notch growth stock advisory, Xcelerated Profits Report explains, "Desalination is likely the only way the world's water needs will be met. And one company that will benefit is Energy Recovery (NASDAQ: ERII).

"Just how severe is the shortage? Demand for fresh water will exceed supply by 50% in 2025, with one-third of the Earth's population living in countries with water scarcity. The bottom line is that if we plan to feed and provide water for everyone, we're going to have to find a way to use more water more efficiently.

Continue reading Energy Recovery (ERII): Desalinization amd water infrastructure

Symbol Lookup
IndexesChangePrice
DJIA+30.6910,464.40
NASDAQ+6.872,176.05
S&P 500+4.981,110.63

Last updated: November 26, 2009: 04:04 PM

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