Analyst upgrades:
- Morgan Stanley upgraded Chesapeake Energy (NYSE: CHK) to Overweight from Equal Weight as they expect the company to benefit from higher natural gas prices in 2010. The firm has a $34 target on shares.
- Citigroup upgraded Energy Conversion (NASDAQ: ENER) to Hold from Sell on valuation is it finds the risk/reward balanced at current levels. The firm raised its target price to $16 from $13.
- Jefferies upgraded Lifetime Brands (NASDAQ: LCUT) to Buy from Underperform to reflect reduced liquidity concerns and an improved outlook for Global Direct Sellers. The firm raised its target price to $4 from $2.
- American Eagle (NYSE: AEO) was upgraded to Overweight from Equal Weight at Barclays.
- TJX Companies (NYSE: TJX) was upgraded at Barclays to Overweight from Equal Weight and to Outperform from Netural at Credit Suisse.
- STEC Inc (NASDAQ: STEC) was raised to Overweight from Market Weight at Thomas Weisel.
Entrepreneur's Journal: Will the HIRE Act Help Your Business?
The Week in Preview: Eye on General Mills, Tiffany, Williams-Sonoma and more
Comfort Zone Investing: Why GE's Dividend Increase Matters
