Filed under: Analyst upgrades and downgrades

MOST NOTEWORTHY: Iberdrola, Research in Motion and St. Mary Land & Exploration Co were today’s noteworthy upgrades:

• Goldman upgraded shares of Iberdrola (IBDRY) to Buy from Neutral and added the company to its European Conviction Buy List on valuation following the recent weakness.
• Oppenheimer upgraded Research in Motion (NASDAQ:RIMM) to Outperform from Perform citing lowered expectations and strong demand.
• Suntrust raised its rating on St. Mary Land & Exploration (NYSE:SM) to Buy from Neutral, citing valuation and higher oil price estimates.

OTHER UPGRADES:

• Broadpoint upgraded Cerner (CERN) to Buy from Neutral.
• JP Morgan upgraded Wrigley (WWY) to Overweight from Neutral.
• Credit Suisse upgraded Brookfield ASset Management (BAM) to Outperform from Neutral.

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This entry was posted on Friday, January 18th, 2008 at 3:33 pm and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.