Analyst calls: BBBY, WYE, SLH, ADM, BRCM, TEVA . . .

Filed under: Analyst reports, Analyst upgrades and downgrades, Analyst initiations

Analyst upgrades:

• Goldman upgraded Bed Bath & Beyond (NASDAQ: BBBY) to Buy from Neutral based on valuation and a potential margin rebound at Linens N' Things.
  


• Citigroup upgraded Rockwell Automation Inc. (NYSE: ROK) to Hold from Sell on valuation and believes expectations have been reset to a reasonable level. The company's target was lowered to $27 from $33.
  


• Friedman Billings upgraded shares of Ceradyne (NASDAQ: CRDN) to Outperform from Market Perform on valuation following the recent weakness and thinks the Army will move forward with a larger XSAPI procurement in FY09. The firm raised their target to $30 from $26.


• Goldman added Wyeth (NYSE: WYE) to the Conviction Buy List.
  


• Equity Residential (NYSE: EQR) was upgraded to Buy from Neutral at UBS.
  


• Analog Devices (NYSE: ADI) was raised to Overweight from Equal Weight at Morgan Stanley.

Analyst downgrades:

Continue reading Analyst calls: BBBY, WYE, SLH, ADM, BRCM, TEVA . . .

Analyst calls: BBBY, WYE, SLH, ADM, BRCM, TEVA . . . originally appeared on BloggingStocks on Wed, 12 Nov 2008 12:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments