MOST NOTEWORTHY: Micron Technology (MU), Halliburton Co (HAL), Visual Sciences (VSCN) and Shaw Group (SGR) fill today's noteworthy upgrade list:
- ThinkEquity upgraded shares of Micron Technology (NYSE: MU) to Buy from Accumulate, citing strength in the PC market. The firm believes Micron is well positioned to benefit from the potential secular uptrend in the DRAM market over the next 12 months.
- Credit Suisse upgraded shares of Halliburton (NYSE: HAL) to Outperform from Neutral citing solid cyclical fundamentals, which should offset overly negative perceptions.
- JMP Securities upgraded Visual Sciences (NASDAQ: VSCN) to Market Perform from Underperform based on the potential acquisition.
- Citigroup upgraded shares of Shaw Group (NYSE: SGR) to Buy from Hold to reflect the company's robust backlog growth and changes in management...
OTHER UPGRADES:
- Jefferies upgraded VeriSign (NASDAQ: VRSN) to Buy from Hold.
- Thomas Weisel upgraded Zebra Tech (NASDAQ: ZBRA) to Overweight from Market Weight.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).
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