Filed under: Analyst reports, Analyst upgrades and downgrades, American Express (AXP), Research in Motion (RIMM), Procter and Gamble (PG), Analyst initiations
Analyst upgrades:
- FBR Capital upgraded McAfee (NYSE: MFE) to Outperform from Market Perform after channel checks indicated the company's September quarter deal flow has been stronger than expected. FBR raised its target on shares to $50 from $41.
- Thomas Weisel upgraded Adtran (NASDAQ: ADTN) to Overweight from Market Weight, citing increased wireless backhaul capex spending by Tier-1 carriers. The firm raised its target to $32 from $21.
- RBC Capital upgraded Brunswick (NYSE: BC) to Outperform from Sector Perform as the firm thinks the company no longer has liquidity risk and can generate significant profits by 2012. The firm set a $17 target on the stock.
- Bronco Drilling (NASDAQ: BRNC) was upgraded to Hold from Underperform at Jefferies.
- LSI Corp. (NYSE: LSI) was upgraded to Buy from Hold at Deutsche Bank.
- UBS upgraded U.S. Airways (NYSE: LCC) and UAL Corp. (NASDAQ: UAUA) to Buy from Neutral.
Continue reading Analyst upgrades, downgrades and initiations: AXP, CL, DLTR, PG, RIMM, UAUA ...
Analyst upgrades, downgrades and initiations: AXP, CL, DLTR, PG, RIMM, UAUA ... originally appeared on BloggingStocks on Fri, 25 Sep 2009 11:50:00 EST. Please see our terms for use of feeds.
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