pl posts
FeedPosted Apr 14th 2009 11:50AM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Chevron Corp (CVX), ConocoPhillips (COP), BP p.l.c. ADS (BP), Toll Brothers (TOL), Analyst initiations
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Analyst upgrades:
- Banc of America/Merrill upgraded Gymboree (NASDAQ:GYMB) to Buy from Underperform and raised their target to $33 from $15 following the company's Q1 comparable store sales guidance.
- Oppenheimer upgraded Lam Research (NASDAQ:LRCX) to Outperform from Perform after channel checks indicated the company's shipments are gaining momentum. The firm raised their price target on the stock to $35 from $20.
- Owens & Minor (NYSE:OMI) was raised to Outperform from Neutral at Credit Suisse. The firm upgraded shares but lowered their target to $45 from $46 citing underappreciated earnings growth and valuation.
- Albermarle (NYSE:ALB) was upgraded to Conviction Buy from Neutral at Goldman.
- Protective Life (NYSE:PL) was upgraded to Neutral from Sell at UBS.
- Maxim (NASDAQ:MXIM) was lifted to Buy from Hold at Canaccord.
Continue reading Analyst upgrades, downgrades and initiations: GYMB, BP, CVX, COP, TOL
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