MOST NOTEWORTHY: Tektronix, Inc (TEK), GameStop Corp (GME) PrivateBancorp, Inc (PVTB), Quebecor World Inc (IQW) and CheckFree Corp (CKFR) were today's more noteworthy upgrades:
- JP Morgan upgraded shares of Tektronix (NYSE: TEK) to Overweight from Underweight citing improving sector fundamentals.
- JP Morgan also raised GameStop (NYSE: GME) to Overweight from Neutral based on the May sales data.
- Oppenheimer upgraded PrivateBancorp (NASDAQ: PVTB) to Neutral from Sell based on valuation.
- BMO Capital raised Quebecor World (NYSE: IQW) to Market Perform from Underperform on valuation.
- CheckFree (NASDAQ: CKFR) was assumed with a Sector Outperformer from Sector Performer at CIBC citing a favorable risk/reward, solid secular underlying trends, and overblown concerns for its rating...
OTHER UPGRADES:
- Goldman added Cigna Corp (NYSE: CI) to its America's Conviction List.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).
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