MOST NOTEWORTHY: Benihana Inc. was the sole noteworthy upgrade in today's minuscule list:
- Sanders Morris upgraded Benihana Inc (NASDAQ:BNHNA) to Strong Buy from Buy with a $34 target, citing limited downside and $30% potential upside to their favorite restaurant pick in 2007.
OTHER UPGRADES:
- Citing increasing demand for petroleum activities and valuation, Matrix USA upgraded NewMarket Corp (NYSE:NEU) to Strong Buy from Buy.
- Ferris, Baker Watts upgraded shares of Tollgrade Communications (NASDAQ:TLGD) to Buy from Neutral, with a $12 target, based on their belief that Tollgrade has improved its growth prospects by expanding its geographic reach, evolving its product offerings and adjusting its operating and overhead structure.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).
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