Analyst upgrades, downgrades and initiations: AZN, BCS, JACK, MVL, PCLN, UA ... - Blogging Stocks

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Analyst upgrades, downgrades and initiations: AZN, BCS, JACK, MVL, PCLN, UA ...
Aug 20, 2009 04:00 PM UTC

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

Analyst upgrades:

Oppenheimer upgraded Gymboree (NASDAQ: GYMB) to Outperform from Perform following the company's Q2 results to reflect valuation and square footage growth from Crazy 8. The firm has a $52 target on the stock.

KeyBanc upgraded Lululemon (NASDAQ: LULU) to Buy from Hold on expectations sales and margins will improve in the near-term due to clean inventory levels. The firm recommends a pair trade of long Lululemon, short Under Armour (NYSE: UA).

Keefe Bruyette upgraded Allied Capital (NYSE: ALD) to Market Perform from Underperform following the company's Q2 results and raised its target on shares to $3.50 from $1.

Jack in the Box (NASDAQ: JACK) was upgraded to Overweight from Neutral at JPMorgan.

LogMeln (NASDAQ: LOGM) was upgraded to Overweight from Neutral at Piper Jaffray.

Barclays (NYSE: BCS) was reinstated with an Outperform from Neutral at Credit Suisse.

Continue reading Analyst upgrades, downgrades and initiations: AZN, BCS, JACK, MVL, PCLN, UA ...

Analyst upgrades, downgrades and initiations: AZN, BCS, JACK, MVL, PCLN, UA ... originally appeared on BloggingStocks on Thu, 20 Aug 2009 11:00:00 EST. Please see our terms for use of feeds.

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