Analyst upgrades, downgrades and initiations: HMSY, TSO, CTX, HOG, BBY, NOC, TWX

Filed under: Analyst reports, Analyst upgrades and downgrades, Time Warner (TWX), Bed Bath and Beyond (BBBY), Centex Corp (CTX), Harley-Davidson (HOG), Analyst initiations, Northrop Grumman (NOC)

• Jefferies upgraded HMS Holdings (HMSY) to Buy from Hold on valuation as they believe the recent weakness provides an attractive entry point. The firm keeps a $36 price target on shares.
  


• Credit Suisse believes Universal Health (UHS) is well positioned to gain market share, that earnings risk from the Las Vegas market is manageable, and that the balance sheet provides flexibility. The firm upgraded shares to Outperform from Neutral and raised their target to $48 from $46.
  


• UBS upgraded RF Micro (RFMD) to Buy from Neutral citing checks that indicate strengthening momentum, impact from recent restructuring, and expected debt reduction. The analyst raised RFMD estimates above consensus and upped the price target to $3 from $1.10.


• Liberty Capital (LCAPA) was upgraded to Buy from Hold at Deutsche Bank.
  


• Tesoro (TSO) was raised to Hold from Sell at Soleil.
  


• SunTrust (STI) was lifted at Keefe Bruyette to Outperform from Market Perform.

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Analyst upgrades, downgrades and initiations: HMSY, TSO, CTX, HOG, BBY, NOC, TWX originally appeared on BloggingStocks on Thu, 09 Apr 2009 11:30:00 EST. Please see our terms for use of feeds.

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