- Citigroup upgraded Vistaprint (VPRT) to buy from hold on valuation following the recent pullback in shares. The firm also raised its price target on the stock to $62 from $55.
- Fox-Pitt upgraded Eaton Vance (EV) to outperform from in line citing strong fundamentals. The firm raised its target to $36 from $34.
- Stifel Nicolaus upgraded Hospitality Properties (HPT) to buy from hold citing valuation and expected cash dividend in 2010. The firm has a $22 target on the stock.
- The Advisory Board (ABCO) was upgraded to overweight from equal weight at First Analysis.
- Technip (TKPPY) was upgraded to outperform from neutral at Credit Suisse.
- Jefferies upgraded Energy XXI (EXXI) to hold from underperform and raised its target to $2 from $1.
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FeedAnalyst upgrades, downgrades and initiations: VPRT, EV, HPT, NRG, GTE, BNHNA, VAR, ITRI and FARO
Analyst upgrades, downgrades and initiations: HOT, GOOG, WPI, LYG ...
Analyst upgrades: - Baird upgraded Starwood Hotels (NYSE: HOT), Host Hotels (NYSE: HST) and Marriott (NYSE: MAR) to Outperform from Neutral based on valuation and indications that negative sentiment has reached a bottom.
- Citigroup upgraded Torchmark (NYSE: TMK) to Buy from Hold as they find the valuation attractive and think management can grow earnings and book value in 2009/2010. Despite upgrading, the firm lowered their target price to $37 from $45.
- ASM International (NASDAQ: ASMI) was added to Goldman's Conviction Buy List.
- Credit Suisse (NYSE: CS) was raised to Overweight from Equal Weight at Morgan Stanley.
- Live Nation (NYSE: LYV) was upgraded at Natixis to Buy from Hold.
Continue reading Analyst upgrades, downgrades and initiations: HOT, GOOG, WPI, LYG ...

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