qtww posts
FeedPosted Jun 11th 2009 12:45PM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Bank of New York (BK), MasterCard Inc'A' (MA), Analyst Initiations, American Eagle Outfitters (AEO)
Analyst upgrades:
- Keefe Bruyette upgraded Bank of America (NYSE:BAC) to Outperform from Market Perform due to valuation and the company's better balance sheet following capital raises. The firm raised its target on shares to $16.50.
- Merriman upgraded Blue Coat Systems (NASDAQ:BCSI) to Buy from Neutral to reflect stabilizing demand and merger synergies from the Packeteer acquisition.
- Thomas Weisel upgraded Genomic Health (NASDAQ:GHDX) to Overweight from Market Weight based on valuation, a new colon cancer assay expected in 2010, and upside from new sales hires.
- Plexus (NASDAQ:PLXS) was upgraded to Outperform from Neutral at Baird.
- Great Plains Energy (NYSE:GXP) was raised to Buy from Neutral at Goldman.
- Ericsson (nASDAQ:ERIC) was upgraded at Societe Generale to Buy from Hold.
Continue reading Analyst upgrades, downgrades and initiations: BAC, ERIC, UNH, WRC
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