Analyst upgrades, downgrades and initiations: AA, BIG, ED, FDX, MGM, MSFT, SKS ... - Eric Buscemi

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Analyst upgrades, downgrades and initiations: AA, BIG, ED, FDX, MGM, MSFT, SKS ...
Oct 01, 2009 04:40 PM UTC

Eric Buscemi

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Symbol	Sentiment	Start	Return	Closed
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AA	n/a
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PSA	n/a
ED	n/a
EWBC	n/a

Via BloggingStocks:

Filed under: Analyst reports, Analyst upgrades and downgrades, Alcoa Inc (AA), Analyst initiations

Analyst upgrades:

Jefferies upgraded Consolidated Edison (NYSE: ED) to Buy from Hold on expectations the company will be able to reach a settlement with the New York PSC Staff that will provide benefits to both ratepayers and shareholders. The firm raised its target on shares to $46 from $40.50.

Keefe Bruyette upgraded Public Storage (NYSE: PSA) to Market Perform from Underperform to reflect the company's balance sheet, industry leading position, and potential for accretive acquisitions. The firm raised its target on shares to $75 from $57.

JPMorgan upgraded Big Lots (NYSE: BIG) to Overweight from Neutral to reflect valuation and industry data points that suggest a pick-up in discretionary spending. The firm has a $30 target on the stock.

Alcoa (NYSE: AA) was upgraded to Buy from Hold at Deutsche Bank.

East West Bancorp (NASDAQ: EWBC) was upgraded to Outperform from Market Perform at Keefe Bruyette.

Bronco Drilling (NYSE: BDC) was upgraded to Neutral from Sell at UBS.

Continue reading Analyst upgrades, downgrades and initiations: AA, BIG, ED, FDX, MGM, MSFT, SKS ...

Analyst upgrades, downgrades and initiations: AA, BIG, ED, FDX, MGM, MSFT, SKS ... originally appeared on BloggingStocks on Thu, 01 Oct 2009 11:40:00 EST. Please see our terms for use of feeds.

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