Filed under: Analyst reports, Analyst upgrades and downgrades, Intel (INTC), Yum Brands (YUM), NIKE, Inc'B' (NKE), Analyst initiations
Analyst upgrades:
- Stephens upgraded The Andersons (NASDAQ: ANDE) to Overweight from Equal Weight on expectations the company is benefiting from good space income opportunities and better ethanol profitability. The firm raised its target price to $31 from $28.
- Jefferies upgraded NRG Energy (NYSE: NRG) to Buy from Hold as the analyst believes Exelon (NYSE: EXC) will have to materially raise its offer to close the acquisition. The firm raised its target on shares to $25 from $22.50.
- FBR Capital upgraded FMC Technologies (NYSE: FTI) to Outperform from Market Perform after meeting with management to reflect the company's 2011 growth potential. The firm raised its target on shares to $51.
- J. Sainsbury (OTC: JSAIY) was upgraded to Overweight from Equal Weight at Morgan Stanley.
- SVB Financial (NASDAQ: SIVB) and Fulton Financial (NASDAQ: FULT) were upgraded to Outperform from Sector Perform at RBC Capital.
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Analyst upgrades, downgrades and initiations: ANDE, CAR, YUM, INTC, NKE ... originally appeared on BloggingStocks on Thu, 04 Jun 2009 11:40:00 EST. Please see our terms for use of feeds.
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