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MOST NOTEWORTHY: ConocoPhillips, Ashland and Wynn Resorts were today's noteworthy upgrades:
  • Goldman upgraded ConocoPhillips (NYSE: COP) to Buy from Neutral, as they see the stock as inexpensive but views the upgrade "as much about avoiding near-term earnings risk with our pure-play refiners."
  • Jefferies upgraded shares of Ashland (NYSE: ASH) to Buy from Hold on valuation as they find the risk/reward "intriguing" at current levels.
  • Bear upgraded Wynn Resorts (NASDAQ: WYNN) to Outperform from Peer Perform citing valuation and Macau operating momentum.
OTHER UPGRADES:
  • Photon Dynamics (NASDAQ: PHTN) was raised to overweight from Equal Weight at Lehman.
  • PepsiAmericas (NYSE: PAS) was upgraded to Neutral from Underweight at HSBC.
  • JP Morgan upgraded Nordic American Tanker (NYSE: NAT) to Neutral from Underweight.

Analyst upgrades: COP, ASH and WYNN originally appeared on BloggingStocks on Mon, 17 Mar 2008 10:40:00 EST. Please see our terms for use of feeds.

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