Stocks of Note: Upgrades, Downgrades & New Coverages

Stock market is edging higher today in the best weekly rally of equities worldwide since 2008. The Analyst Ratings changes in the Stock Market Today:

Upgrades

Analog Devices, Inc. (NYSE: ADI) was upgraded by analysts at Sterne Agee from a “neutral” rating to a “buy” rating. The analysts now have a $42.00 price target on the stock.
Alexander & Baldwin, Inc. (NASDAQ: ALEX) was upgraded by analysts at KBW to an “outperform” rating. ALEX was  also upgraded by analysts at Keefe, ...

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Stocks Of Note: Upgrades, Downgrades and New Coverages

Although not listed below, it is worth noting that penny stock VELA.PK has seen some record volume today and should surely be on the watch list.

Upgrades

  • Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) was upgraded by analysts at Piper Jaffray from a “neutral” rating to an “overweight” rating. The analysts now have a $3.00 price target on the stock, up previously from $1.50.
  • Aruba Networks, Inc. (NASDAQ: ARUN) was upgraded by analysts at Pacific Crest from a “sector perform” rating to an “outperform” rating.
  • BB&T (NYSE: ...
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