MOST NOTEWORTHY:

• JP Morgan upgraded shares of UBS AG (NYSE: UBS) to Overweight from Neutral on valuation, as they believe the risk/reward is now attractive.
• Commerzbank AG (OTC: CRZBY) was upgraded to Equal Weight from Underweight at Morgan Stanley, as they believe the company has eliminated much of the uncertainty on asset quality.
• Jefferies upgraded shares of Trico Marine Services Inc (NASDAQ: TRMA) to Buy from Hold and raised their target to $46 from $40 to reflect the growth potential brought on by the company's purchase of Active Subsea ASA.
• B. Riley raised its rating on Optimal Group Inc (NASDAQ: OPMR) to Buy from Neutral to reflect the company's proven management team, acquisition of WowWee and strong balance sheet.
• Citigroup upgraded shares of Mediacom Communications Corporation (NASDAQ: MCCC) to Buy from Hold on valuation following the recent pullback, as they now think the stock is oversold. Citigroup thinks Mediacom will generate free cash in 2008 and they like the pace of buybacks.

• Citigroup upgraded shares of The Allstate Corporation (NYSE: ALL) to Buy from Hold.
• UBS upgraded UnitedHealth Group Incorporated (NYSE: UNH) and Northrop Grumman Corporation (NYSE: NOC) to Buy from Neutral.
  
• Wachovia raised Performance Food Group Company (NASDAQ: PFGC) to Outperform from Market Perform.

Analyst upgrades: UBS, CRZBY, TRMA, OPMR and MCCC originally appeared on BloggingStocks on Wed, 07 Nov 2007 10:20:00 EST. Please see our terms for use of feeds.

Monday October 8

• PDUFA date for Theravance Inc's (NASDAQ: THRX) Telavancin for complicated skin and soft tissue infections caused by gram-positive bacteria

• Yum! Brands Inc (NYSE: YUM) to report Q3 earnings; conference call at 9:15am
• Optimal Group Inc (NASDAQ: OPMR) to hold conference call at 11am to discuss the WowWee acquisition
• Penn Treaty American Corporation (NYSE: PTA) to hold operational update at 11am
• Alcoa Inc (NYSE: AA) to report Q3 earnings; conference call at 5pm

• Costco Wholesale Corporation (NASDAQ: COST) to report Q4 earnings; conference call at 11am
• Hot Topic Inc (NASDAQ: HOTT) and Zumiez Inc (NASDAQ: ZUMZ) reporting monthly sales at 4pm

• Pepsico Inc (NYSE: PEP) to report Q4 earnings; conference call at 11am
• Bebe Stores Inc (NASDAQ: BEBE) to report monthly sales at 7am, Limited Brands Inc (NYSE: LTD) and The Children's Place Retail Stores Inc (NASDAQ: PLCE) at 7:30am, The Gymboree Corporation (NASDAQ: GYMB) at 7:55am, AnnTaylor Stores Corporation (NYSE: ANN), Gap Inc (NYSE: GPS) and Wal-Mart Stores Inc (NYSE: WMT) at 8am, Target Corporation (NYSE: TGT) at 8:30am.

• PDUFA date for GlaxoSmithKline Plc's (NYSE: GSK) Hycamtin for relapsed Small Cell Lung Cancer

Market highlights for next week: YUM, AA, COST, PEP to report originally appeared on BloggingStocks on Fri, 05 Oct 2007 16:00:00 EST. Please see our terms for use of feeds.