axi posts
FeedPosted Apr 24th 2009 11:20AM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Microsoft (MSFT), AT and T (T), Research in Motion (RIMM), Verizon Communications (VZ), Toll Brothers (TOL), Marriott Intl'A' (MAR), Analyst Initiations, PetroChina Co Ltd ADR (PTR)
Analyst upgrades:
- Citigroup upgraded Research in Motion (NASDAQ: RIMM) to Buy from Hold and added the stock to its Top Picks Live List. The firm believes RIMM's outlook is more secure given its unit growth trajectory and stabilizing margins. Citi raised its target on the stock to $100 from $65.
- Morgan Stanley upgraded Microsoft (NASDAQ: MSFT) to Overweight from Equal Weight following the company's Q3 results it believes growth is accelerating and expectations are low. The firm raised its target on the stock to $24 from $21.
- Deutsche Bank upgraded Huron (NYSE: HURN) to Buy from Hold as it believes bad news is already priced in and FY09 expectations are achievable. The firm keeps a $46 target on the stock.
- Credit Suisse (NYSE: CS) was upgraded to Neutral from Sell at UBS.
- Quicksilver (NYSE: KWK) was raised to Buy from Neutral at Banc of America/Merrill.
- EIG Resources (NYSE: EOG) was lifted at Goldman to Conviction Buy from Neutral.
Continue reading Analyst upgrades, downgrades and initiations: RIMM, MSFT, TOL, MAR, VZ, T ...
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