Collins Stewart upgrades Equinix Inc. (Nasdaq: EQIX) to Buy. Price target $110.
Collins analyst says, “With a solid report and a strong 20% (plus) revenue growth outlook with at least stable margins for 2010, that we believe contains an element of upside, we believe the stock has again become attractively priced for purchase…
JPMorgan upgrades Gaylord Entertainment (NYSE: GET) from Neutral to Overweight. The firm also raised its price target on the stock from $20 to $24.
This morning’s upgrade follows yesterday’s Q4 results from Gaylord. The stock rose about 1.6% yesterday amid the news.
Best Buy (BBY) was upgraded to buy from neutral at Rochdale.
Kaufman Bros. upgraded Amazon.com (AMZN) to buy from hold as it finds the risk/reward on shares attractive following the recent pullback and expects the company to report strong Q4 results. Kaufman maintains a $155 price target on the stock.
Barrington Research upgrades Illinois Tool Works (NYSE: ITW) from Market Perform to Outperform. Price target $55.
Earnings season continues with Altria (ALTR), Amazon.com (AMZN), AstraZeneca (AZN), AT&T (T), Baxter (BAX), Bristol-Myers (BMY), Colgate-Palmolive (CL), Eli Lilly (LLY), JetBlue (JBLU), Microsoft (MSFT), 3M (MMM), Motorola (MOT), Nokia (NOK), Procter & Gamble (PG), Time Warner Cable (TWC), and Tyco (TYC) all announcing.
Netgear (NTGR): upgraded to Neutral from Sell, with a new target of $22, up from $18.50, on stabilizing demand from small and mid-sized businesses and from Europe, as well as tight cost controls.
Barclays Capital upgraded its investment rating on Intel shares to overweight from market weight, sending the chip maker’s stock up 46 cents, or 2.3%, to 20.09, on the Nasdaq.
The technology-heavy Nasdaq Composite gained 25.97, or 1.17%, to 2237.66, its highest close since September 2008. The Standard & Poor’s 500 index increased 11.58, or 1.05%, to [...]
IAMGOLD Corporation (USA) (NYSE:IAG) surged over 2.5% to $15.43 after UBS upgraded IAG from Neutral to Buy while reduced IAG’s price target to $21.50 from $22.50. IAMGOLD Corporation is is engaged in the exploration, development and operation of gold mining properties and the operation of a niobium mine. Its interests include seven operating gold mines, [...]
Ford Motor Company (NYSE:F) was upgraded by Soleil Securities and raised its price target on the stock $13, while maintaining a “Buy” rating on Ford shares, citing Ford continues to make progress on both the cost and revenue side of the restructuring equation. Today , after making a new 52-week high at $9.80, [...]
