Filed under: Analyst reports, Analyst upgrades and downgrades, General Electric (GE), McDonald's (MCD), Walt Disney (DIS), Analyst initiations
Analyst upgrades:
- Goldman upgraded General Electric (NYSE: GE) to Buy from Neutral and raised its target to $15 from $13 citing reports that U.S. House Financial Services Chairman Barney Frank has indicated regulatory reform will not require a separation of GE Capital.
- Syntel (NASDAQ: SYNT) was upgraded to Market Perform from Underperform by Wells Fargo. The firm upgraded the stock following the company's much better than expected Q2 EPS.
- Canaccord upgraded USANA (NASDAQ: USNA) to Outperform from Market Perform citing the strong Q2 report and earnings momentum. The firm has a $40 target on the stock.
- Royal Caribbean (NYSE: RCL) was upgraded to Equal Weight from Underweight at Barclays.
- Equity Residential (NYSE: EQR) was upgraded to Market Perform from Underperform at FBR Capital.
- Tyco Electronics (NYSE: TEL) was upgraded to Buy from Neutral at UBS.
- Yum! Brands (NYSE: YUM) was upgraded to Overweight from Equal Weight at Morgan Stanley.
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Analyst upgrades, downgrades and initiations: DIS, GE, MCD, MON, USNA, YUM ... originally appeared on BloggingStocks on Thu, 30 Jul 2009 11:20:00 EST. Please see our terms for use of feeds.
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