vivef posts
FeedPosted Jan 8th 2009 11:26AM by Eric Buscemi (RSS feed)
Filed under: Analyst Upgrades and Downgrades, Lennar Corp'A' (LEN), Marriott Intl'A' (MAR), Analyst Initiations, Deere and Co (DE)
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Analyst upgrades:
- KeyBanc upgraded Epicor (NASDAQ: EPIC) to Buy from Hold based on several near-term catalysts that include possible convertible debt repurchases, reasonable Q4 results, a proxy fight, and a boost from the Epicor 9 product cycle in 2H09.
- KeyBanc also upgraded AK Steel (NYSE: AKS) to Buy from Hold based on relative valuation and said the company could benefit from lower iron ore, scrap natural gas, and labor inputs.
- JP Morgan upgraded Lennar (NYSE: LEN) to Overweight from Neutral based on relative valuation.
- Marriott (NYSE: MAR) was upgraded to Buy from Neutral at Goldman.
- Raymond James (NYSE: RJF) was raised to Market Perform from Underperform at Wachovia.
- Deere (NYSE: DE) was upgraded to Outperform from Market Perform at Bernstein.
Analyst downgrades:Continue reading Analyst upgrades, downgrades and initiations: AKS, LEN, MAR, DE, KLAC, VIVEF ...
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