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Analyst upgrades 7-06-07: BP, RDS.A and RJF

Posted Jul 6th 2007 10:00AM by Kevin Shult (RSS feed)
Filed under: Before the Bell, Analyst Upgrades and Downgrades, Good news, BP p.l.c. ADS (BP)

MOST NOTEWORTHY: Royal Dutch Shell (RDS.A, RSD.B) and Overseas Shipholding Group (OSG) were today's noteworthy upgrades:
  • Deutsche Bank upgraded shares of Royal Dutch Shell (NYSE: RDS.A, RDS.B) to Buy from Hold to reflect improved earnings momentum from higher oil prices and strong refining margins.
  • JP Morgan raised Overseas Shipholding (NYSE: OSG) to Overweight from Neutral following meetings with management to reflect uncovered value in vessels the company leases from other shipping lines...
OTHER UPGRADES:
  • Deutsche Bank upgraded BP plc (NYSE: BP) to Buy from Hold.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).

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