MOST NOTEWORTHY:

• Goldman upgraded Home Depot (NYSE: HD) to Buy from Neutral to reflect management changes and an improved business mix and capital structure. They note this is a longer-term call given the ongoing impact from the sluggish housing market.

• Baird upgraded Harley-Davidson Inc (NYSE: HOG) to Outperform from Neutral on valuation.

• Matrix believes shares of Walgreen Co (NYSE: WAG) are undervalued as increasing sales of generic drugs continue to drive positive trends and upgraded shares to Strong Buy from Buy.

• Teva Pharmaceutical (NASDAQ: TEVA) was upgraded to Outperform from Peer Perform at Bear Stearns citing valuation and growth prospects.

• SAIA Inc (NASDAQ: SAIA) was upgraded to Equal Weight from Underweight at Stephens.

• France Telecom (NYSE: FTE) was upgraded to Neutral from Underperform at BNP Paribas.

• Raymond James raised Cognizant Technology Solutions Corp's (NASDAQ: CTSH) rating to Outperform from Sector Perform.

• Bernstein upgraded Satyam Computer (NYSE: SAY) to Outperform from Market Perform.

Analyst upgrades 7-09-07: HD, HOG, TEVA and WAG originally appeared on BloggingStocks on Mon, 09 Jul 2007 10:34:00 EST. Please see our terms for use of feeds.

MOST NOTEWORTHY:

• UBS upgraded shares of Weyerhaeuser Co (NYSE: WY) to Neutral from Reduce citing the stock's recent weakness.

• Morgan Stanley upgraded shares of Jackson Hewitt Tax Service (NYSE: JTX) to Equal Weight from Underweight on valuation as the firm believes yesterday's sell-off was overdone.

• Hewlett-Packard Co (NYSE: HPQ) was upgraded to buy from Neutral at American Technology on valuation.

• Coldwater Creek (NASDAQ: CWTR) was upgraded to Buy from Neutral at Bank of America based on the company's favorable risk/reward.

• BB&T upgraded shares of Pacer International, Inc (NASDAQ: PACR) to Buy from Hold citing the company's operational changes and new $100M shares' repurchase.

• Goldman upgraded Spherion Corp (NYSE: SFN) to Neutral from Sell.

• SkyWest, Inc (NASDAQ: SKYW) was upgraded to Neutral from Underweight at Prudential.

• Bear Stearns upgraded shares of Sonic Corp (NASDAQ: SONC) to Outperform from Peer Perform on expectations of an acceleration in partner drive-in same store sales and system wide unit expansion.

• Citigroup upgraded Corinthian Colleges, Inc (NASDAQ: COCO) to Buy from Hold after a company visit as the firm believes expectations are finally low enough and recent initiatives are taking hold. Further, Citigroup believes takeover speculation will limit downside as their analysis suggests an LBO could work.

Analyst upgrades 4-04-07: Hewlett-Packard & Coldwater Creek upgraded today originally appeared on BloggingStocks on Wed, 04 Apr 2007 10:47:00 EST. Please see our terms for use of feeds.