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MOST NOTEWORTHY: Tower sector stocks, Tesco Plc and Alcoa were today's noteworthy upgrades:
  • RBC Capital upgraded American Tower (NYSE:AMT), Crown Castle( NYSE::CCI), SBA Comm (NASDAQ:SBAC) to Outperform from Sector Perform citing recent weakness in the tower sector group and a continued favorable outlook.
  • Merrill upgraded shares of Tesco (Other OTC:TSCDY) to Buy from Neutral as they believe it is the only proven growth stock in the sector.
  • Soleil upgraded shares of Alcoa (NYSE:AA) to Hold from Sell on valuation following the recent weakness.
OTHER UPGRADES:

Analyst upgrades: Tower sector stocks, TSCDY and AA originally appeared on BloggingStocks on Thu, 03 Jul 2008 11:32:00 EST. Please see our terms for use of feeds.

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