umpq posts
FeedPosted Dec 2nd 2008 11:11AM by Eric Buscemi (RSS feed)
Filed under: Analyst upgrades and downgrades, Daimler (DAI), , Palm Inc (PALM), Intuit Inc (INTU), Analyst initiations, EMC Corp (EMC), BHP Billiton Ltd ADR (BHP), Rio Tinto plc ADS (RTP)
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Analyst upgrades:
- Citigroup upgraded shares of Cadbury (NYSE: CBY) to Hold from Sell on the company's pricing initiatives and their expectations for margin expansion.
- Jefferies upgraded shares of Medicis (NYSE: MRX) to Buy from Hold and raised its target to $16 from $12.50 as they believe the company's settlement with Impax should lift valuation and drive higher earnings.
- Cowen upgraded Williams-Sonoma (NYSE: WSM) to Neutral from Underperform on valuation. Shares were also upgraded at Merrill Lynch to Buy from Underperform.
- Signet Group (NYSE: SIG) was raised to Neutral from Sell at Goldman.
- EMC Corp (NYSE: EMC) was upgraded to Buy from Accumulate at ThinkPanmure.
- DSP Group (NASDAQ: DSPG) was upgraded at RBC Capital to Sector Perform from Underperform.
Analyst downgrades:
Continue reading Analyst calls: CBY, MRX, EMC, WSM, TSRA, DAI, PALM, RTP, INTU, BHP, RGC ...