Analyst upgrades, downgrades and initiations: FCX, MOT, CHK, MON.... - Eric Buscemi

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Analyst upgrades, downgrades and initiations: FCX, MOT, CHK, MON....
Oct 22, 2009 06:30 PM UTC

Eric Buscemi

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Symbol	Sentiment	Start	Return	Closed
CNK	n/a
LNN	n/a
RGC	n/a
FCX	n/a
FFIV	n/a
MI	n/a
CHK	n/a
MOT	n/a

Via BloggingStocks:

Filed under: Analyst reports, Analyst upgrades and downgrades, Motorola (MOT), Chesapeake Energy (CHK), Analyst initiations, Freep't McMoRan Copper (FCX)

Analyst upgrades:

Deutsche Bank upgraded Freeport McMoRan (NYSE:FCX) to Buy from Hold to reflect the company's better than expected Q3 results and improved volume outlook. Deutsche raised its target on shares to $100 from $72.

Thomas Weisel upgraded Motorola (NYSE:MOT) to Overweight from Market Weight and raised its target to $11 from $7 and said they expect Motorola to benefit from several upcoming catalysts that include new Android-based smartphone products and they believe the handset division could break even by year end of 2010.

Janney Montgomery upgraded Regal Entertainment (NYSE:RGC) and Cinemark (NYSE:CNK) to Buy from Neutral on expectations both companies will benefit from a strong box office in Q4. The firm has a $14 price target on Regal shares and a $13.50 target on Cinemark shares.

Marshall & llsley (NYSE:MI) was upgraded to Neutral from Underweight at JP Morgan.

F5 Networks (NASDAQ:FFIV) was upgraded to Neutral from Sell at UBS.

William Blair upgraded Lindsay Corporation (NYSE:LNN) to Outperform from Market Perform.

Continue reading Analyst upgrades, downgrades and initiations: FCX, MOT, CHK, MON....

Analyst upgrades, downgrades and initiations: FCX, MOT, CHK, MON.... originally appeared on BloggingStocks on Thu, 22 Oct 2009 13:30:00 EST. Please see our terms for use of feeds.

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