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Analyst upgrades, downgrades and initiations: WDC, NSTX, UBS, TIF, BA ...

Analyst upgrades:
  • Baird upgraded Western Digital (NYSE: WDC) and Seagate (NASDAQ: NSTX) to Outperform from Neutral citing better than expected industry conditions. The firm believes supply has tightened, resulting in price increases in certain market segments.
  • RBC Capital upgraded XTO Energy (NYSE: XTO) to Outperform from Sector Perform citing free cash flow and stable growth.
  • Goldman upgraded Manpower (NYSE: MAN) to Neutral from Sell and raised its target to $29 from $20 based on balanced risk/reward.
  • Energy Conversion (NASDAQ: ENER) was upgraded to Buy from Neutral at Piper Jaffray.
  • Infineon (NYSE: IFX) was raised to Hold from Sell at RBS.
  • NetSuite (NYSE: N) was upgraded to Acummulate from Source of Funds at ThinkEquity.

Continue reading Analyst upgrades, downgrades and initiations: WDC, NSTX, UBS, TIF, BA ...

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Last updated: February 13, 2012: 03:36 PM

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