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Analyst upgrades, downgrades and initiations: SUN, DAI, BDX, ITRN ...

Analyst upgrades:
  • Barclays upgraded Spectra Energy (NYSE: SE) to Overweight from Equal Weight. The firm believes Spectra's valuation is attractive and that the dividend is secure.
  • Soleil upgraded Sunoco (NYSE: SUN) to Buy from Hold on valuation following the recent pullback and maintains a $45 target on the stock.
  • Friedman Billings upgraded O'Reilly Automotive (NASDAQ: ORLY) to Outperform from Underperform on valuation and the company's better than expected sales and earnings acceleration. The firm has a $38 target on the stock.
  • Royal Caribbean (NYSE: RCL) was removed from Goldman's Conviction Sell List.
  • Intercontinental Hotels (NYSE: IHG) was raised to Buy from Hold at Jefferies.
  • Valspar (NYSE: VAL) was lifted to Neutral from Underweight at JP Morgan.

Continue reading Analyst upgrades, downgrades and initiations: SUN, DAI, BDX, ITRN ...

Pre-market movers: TGT, LIZ, SOLF, ITRN

Solarfun Power (NASDAQ: SOLF) Up 10% on move higher for entire solar sector.

Ituran Location (NASDAQ: ITRN) Shares moving up almost 4% on share repurchase announcement.

Liz Claiborne (NYSE: LIZ) Falling 3.5%, probably on news of overall weak holiday retail sales.

Target (NYSE: TGT) Trading down 3.4% on announcement of poor December.

Douglas A. McIntyre is an editor at 247wallst.com.

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

Last updated: February 11, 2012: 12:11 AM

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