Warnaco Posts -- BloggingStocks

warnaco posts

Analyst upgrades, downgrades and initiations: JCP, NVLS, CAG, RJF, PCG, STP, AMZN, MS, MSFT

Analyst upgrades:

JP Morgan upgraded J.C. Penney (NYSE: JCP) to Neutral from Underweight based on lower input costs, stabilization in home, lower markdown dollars, and valuation.
Oppenheimer upgraded Novellus (NASDAQ: NVLS) to Perform from Underperform as it believes Novellus' market share has stabilized and that the company is a potential acquisition target. The firm raised its price target to $20 from $9.
Bernstein upgraded ConAgra (NYSE: CAG) to Market Perform from Underperform citing strength in grains and moderating input costs.
ConocoPhillips (NYSE: COP) was raised to Buy from Neutral at Goldman.
China Housing (NASDAQ: CHLN) was upgraded to Buy from Hold at Roth Capital.

MOST NOTEWORTHY: The small-cap bank sector, Waste Connections, Warnaco Group and Intersections were today's noteworthy upgrades:

Lehman upgraded the small-cap bank sector to Neutral from Negative as they expect the group to benefit from the decline in short-term interest rates and the steeping yield curve. The firm upgraded Associated Banc-Corp (NASDAQ: ASBC), Pacific Capital Bancorp (NASDAQ: PCBC) and Westpac Banking Corp (NYSE: WBK) to Equal Weight from Underweight.
Friedman Billings added Waste Connections (NYSE: WCN) to its Top Picks list. The firm believes the company can outperform the group and overall market in an economic downturn.
Warnaco Group (NASDAQ: WRNC) was upgraded to Overweight from Neutral at JP Morgan on valuation and growth potential.
JMP Securities' checks indicate that Intersections (NASDAQ: INTX) is on track to meet EPS expectations for the quarter and is well positioned to beat their 2008 EPS estimate of 80c. The firm raised shares to Strong Buy from Outperform.

OTHER UPGRADES:

Best Buy Incorporated (NYSE: BBY) and AutoZone (NYSE: AZO) were upgraded to Strong Buy from Outperform at Raymond James.
The firm also upgraded shares of CBRL Group (NASDAQ: CBRL) to Market Perform from Outperform.
JP Morgan upgraded Ruby Tuesday (NYSE: RT) and Plexus Corp (NASDAQ: PLXS) to Overweight from Neutral.
Bear Stearns raised MFA Mortgage Investments (NYSE: MFA) to Outperform from Peer Perform.
Goldman added Automatic Data Processing (NYSE: ADP) to its Conviction Buy List.

#	Blogger	Posts
1	Joseph Lazzaro	118
2	Tom Johansmeyer	102
3	Steven Mallas	53
4	Connie Madon	50
5	Tom Taulli	48
6	Mark Fightmaster	39
7	Steven Halpern	36
8	Trey Thoelcke	34
9	Paul Foster	25
10	Brian White	24
11	Jon Ogg	23
12	Brent Archer	23
13	Jim Cramer	22
14	Zac Bissonnette	22
15	Melly Alazraki	22
16	Eric Buscemi	18
17	Michael Fowlkes	14
18	Michael Shulman	13
19	Elizabeth Harrow	12
20	Sheldon Liber	10

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.