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Analyst upgrades: LINC, SONS and NVS

MOST NOTEWORTHY: Lincoln Educational, Sonus Networks and Novartis were today's noteworthy upgrades:
  • Lehman upgraded Lincoln Educational (NASDAQ: LINC) to Overweight from Equal Weight based on improving student enrollment growth and valuation.
  • Merriman upgraded Sonus Networks (NASDAQ: SONS) to Buy from Neutral on the company's strong AT&T (NYSE: T) outlook and near-term upside potential from Japan. They believe shares can trade towards the $5-$6 range.
  • Bernstein raised Novartis (NYSE: NVS) to Outperform from Market Perform as they believe the company's diversification position it well to withstand future generic expiries.
OTHER UPGRADES:

Symbol Lookup
IndexesChangePrice
DJIA+15.3410,262.31
NASDAQ+8.982,160.06
S&P 500+2.501,095.51

Last updated: November 11, 2009: 12:02 PM

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