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FeedPosted Oct 9th 2009 11:50AM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Viacom (VIA), JPMorgan Chase (JPM), Bristol-Myers Squibb (BMY), Dean Foods (DF), Research in Motion (RIMM), Starwood Hotels Worldwide (HOT), Marriott Intl'A' (MAR), Analyst Initiations
Analyst upgrades:
- Piper Jaffray upgraded Viacom (NYSE:VIA) to Overweight from Neutral to reflect the improving ad market and better ratings at key cable networks. The firm raised its target on shares to $35 from $29.
- Baird upgraded Research in Motion (NASDAQ:RIMM) to Outperform from Neutral on valuation as it views the recent weakness as a buying opportunity. The firm keeps an $84 price target on shares.
- Jefferies upgraded Usana (NASDAQ:USNA) to Buy from Hold as it believes direct selling companies have been gaining momentum. The firm raised its target on shares to $44 from $37.
- AK Steel (NYSE:AKS) was upgraded to Buy from Hold at Deutsche Bank.
- First Merit (NASDAQ:FMER) was upgraded to Perform from Underperform at Oppenheimer.
- Spectra Energy (NYSE:SE) was upgraded to Conviction Buy from Neutral at Goldman.
Continue reading Analyst upgrades, downgrades and initiations: VIA, RIMM, ARO, JPM, BMY
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