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Analyst upgrades, downgrades and initiations: WFMI, HPQ, XOM, HAS ...

Analyst upgrades:
  • Jefferies upgraded Whole Foods (NASDAQ: WFMI) to Buy from Hold as it believes the company is taking the right steps to turn its operations around. The firm raised its target price to $13 from $11.
  • Pali upgraded Whole Foods to Buy from Sell following the Q1 report based on better than expected cost containment, labor costs, capex cuts, and plans to rationalize the store base.
  • Thomas Weisel upgraded Hewlett-Packard (NYSE: HPQ) to Overweight from Market Weight. The firm believes HPQ's risk/reward has improved given overdue reduced FY09 guidance and attractive valuation.
  • Bernstein upgraded Talisman (NYSE: TLM) to Outperform from Market Perform based on relative valuation.
  • Navistar (NYSE: NAV) was added to Goldman's Conviction Buy List.
  • Sovran Self Storage (NYSE: SSS) was upgraded to Perform from Underperform at Oppenheimer.
  • Suncor (NYSE: SU) was upgraded at Barclays to Overweight from Equal Weight.

Continue reading Analyst upgrades, downgrades and initiations: WFMI, HPQ, XOM, HAS ...

Symbol Lookup
IndexesChangePrice
DJIA-154.4810,309.92
NASDAQ-37.612,138.44
S&P 500-19.141,091.49

Last updated: November 27, 2009: 01:59 PM

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