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Analyst upgrades, downgrades and initiations: CAL, NETL, MAPP, DDUP, LMT ...

Analyst upgrades:
  • Jefferies upgraded MDS Inc. (NYSE: MDZ) to Buy from Hold on valuation as it believes shares are pricing in a "worst case" scenario at current levels. The firm keeps a $6.50 target on the stock.
  • JP Morgan upgraded Continental (NYSE: CAL) to Overweight from Neutral on valuation as it believes the recent sell-off is overdone. The firm keeps a $13 price target on the stock.
  • Thomas Weisel is positive on Allergan's (NYSE: AGN) diverse product portfolio, global infrastructure, vertical integration, and deep pipeline. The firm upgraded shares to Overweight from Market Weight and has a $54 target on the stock.
  • NetLogic (NASDAQ: NETL) was upgraded to Buy from Neutral at Piper.
  • Dover (NYSE: DOV) was raised to Buy from Neutral at Banc of America/Merrill.
  • Map Pharmaceuticals (NASDAQ: MAPP) was upgraded at Argus to Hold from Sell.

Continue reading Analyst upgrades, downgrades and initiations: CAL, NETL, MAPP, DDUP, LMT ...

Symbol Lookup
IndexesChangePrice
DJIA-154.4810,309.92
NASDAQ-37.612,138.44
S&P 500-19.141,091.49

Last updated: November 28, 2009: 04:26 AM

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