Analyst upgrades, downgrades and initiations: AMGN, KR, ROSE, SWY, YUM ... - Eric Buscemi

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Analyst upgrades, downgrades and initiations: AMGN, KR, ROSE, SWY, YUM ...
Aug 11, 2009 04:10 PM UTC

Eric Buscemi

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Symbol	Sentiment	Start	Return	Closed
SGK	n/a
DUK	n/a
ROSE	n/a
CELL	n/a
ANR	n/a
SNN	n/a
ELON	n/a

Via BloggingStocks:

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

Analyst upgrades:

Citigroup upgraded Brightpoint (NASDAQ: CELL) to Buy from Hold on expectations global handset units will trough in 2009, leading to a higher multiple for the stock. Citi raised its target on shares to $9 from $6.50.

FBR Capital upgraded Rosetta Resources (NASDAQ: ROSE) to Outperform from Market Perform on valuation and believes drilling results in Q3 and Q4 should serve as near-term catalysts. The firm raised its target on shares to $15.

Piper Jaffray upgraded Echelon (NASDAQ: ELON) to Neutral from Underweight following the company's contract announcement with Duke Energy (NYSE: DUK). The firm raised its target on shares to $10 from $6.

Smith & Nephew (NYSE: SNN) was upgraded to Equal Weight from Underweight at Morgan Stanley.

Schawk (NYSE: SGK) was upgraded to Neutral from Underperform at Baird.

Alpha Natural (NYSE: ANR) was upgraded to Outperform from Market Perform at BMO Capital.

Continue reading Analyst upgrades, downgrades and initiations: AMGN, KR, ROSE, SWY, YUM ...

Analyst upgrades, downgrades and initiations: AMGN, KR, ROSE, SWY, YUM ... originally appeared on BloggingStocks on Tue, 11 Aug 2009 11:10:00 EST. Please see our terms for use of feeds.

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