Analyst upgrades, downgrades and initiations: DELL, NFLX, PALM, SPWRA, XOM ... - Eric Buscemi

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Analyst upgrades, downgrades and initiations: DELL, NFLX, PALM, SPWRA, XOM ...
Nov 17, 2009 04:40 PM UTC

Eric Buscemi

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Symbol	Sentiment	Start	Return	Closed
XOM	n/a
ITW	n/a
VZ	n/a
DVN	n/a
NFLX	n/a
CKEC	n/a
MRX	n/a
PALM	n/a

Via BloggingStocks:

Filed under: Analyst reports, Analyst upgrades and downgrades, Exxon Mobil (XOM), Netflix, Inc. (NFLX), Palm Inc (PALM), Analyst initiations

Analyst upgrades:

Barclays upgraded Exxon (XOM) to overweight from equal weight based on a higher production growth outlook. The firm, which raised its target to $92 from $90, expects Exxon to have organic growth of more than 3% in 2010 and an average growth rate of 2.6% between 2009 and 2013.

Kaufman Bros. upgraded Palm (PALM) to buy from hold citing the recent pullback in shares and indications that Verizon (VZ) will carry webOS phones as early as 1H10. The firm has a $16 target on the stock.

Piper Jaffray raised Medicis (MRX) to neutral from underweight and raised its target to $20 from $16. Following a management meeting, Piper said they have increased confidence in Soldyn risk and LipoSonix's safety profile.

Illinois Tool Works (ITW) was upgraded to buy from neutral at UBS.

Devon Energy (DVN) was upgraded to outperform from market perform at Wells Fargo.

Carmike Cinemas (CKEC) was upgraded to buy from neutral at Merriman.

Continue reading Analyst upgrades, downgrades and initiations: DELL, NFLX, PALM, SPWRA, XOM ...

Analyst upgrades, downgrades and initiations: DELL, NFLX, PALM, SPWRA, XOM ... originally appeared on BloggingStocks on Tue, 17 Nov 2009 11:40:00 EST. Please see our terms for use of feeds.

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