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MOST NOTEWORTHY: Intermec, Brasil Telecom and W-H Energy Services were today's most noteworthy upgrades:
- Intermec (NYSE: IN) was upgraded to Hold from Sell at Standford Financial Group. After Intermec's stock fell 10.5% since April 1, and 5.1% on Friday, Stanford believes most of the bad news is priced into the stock.
- Brasil Telecom (NYSE: BRP) was upgraded to Buy from Hold at Deutsche Bank and raised their target to $90 from $87 as they believe the recent weakness presents a good buying opportunity.
- W-H Energy Services (NYSE: WHQ) was upgraded to Buy from Hold at Deutsche Bank following the Q1 miss as they believe the company is well positioned to benefit from a pickup in U.S. onshore activity and a significant acceleration in international and deep water work.
OTHER UPGRADES:
For a quick-read on the U.S. economy, check the price of gasoline
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