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Analyst Upgrades
- JPMorgan upgraded Deere (DE) to overweight from neutral and raised its target on shares to $65 from $52. JPMorgan believes the company's fundamentals are improving and sees signs of a recovery in forestry, turf and earth-moving equipment.
- Piper Jaffray upgraded Valmont (VMI) to neutral from underweight on valuation following the company's Q4 results. The firm lowered its target price on shares to $70 from $74.
- Soleil upgraded Group 1 Automotive (GPI) to buy from hold on valuation with a $36 price target. The firm believes negative news flow for Toyota has created an opportunity to accumulate shares.
- Bernstein upgraded Deutsche Telekom (DT) to outperform from market perform.
- Nucor (NUE) was upgraded to neutral from underperform at BofA/Merrill.
- American Eagle (AEO) was upgraded to outperform from market perform at Wells Fargo.
Goldman Earnings Sink After Buffett Dividend
Johnson & Johnson's Income Falls 23%
Burberry Shares Leap on Sales Update
