Filed under: Analyst upgrades and downgrades

MOST NOTEWORTHY: Canadian Solar, Qimonda and Eagle Test Systems were today’s noteworthy upgrades:

• Oppenheimer upgraded shares of Canadian Solar (NASDAQ: CSIQ) to Outperform from Perform after channel checks indicated the company’s internal cell ramp is proceeding on plan. They are more positive on shares following the recent pullback.
• Qimonda (NYSE: QI) was upgraded to Buy from Neutral at UBS, as they expect the DRAM supply/demand to balance out in the second quarter 2008 followed by undersupply.
• Broadpoint raised Eagle Test Systems (NASDAQ: EGLT) to Buy from Neutral after the company reported Q1 results.

OTHER DOWNGRADES:

• EADS (OTC: EADSY) was upgraded to Buy from Sell at ABN Amro.
• Jefferies upgraded Unisys (NYSE: UIS) to Hold from Underperform.
• BEA Systems (NASDAQ: BEAS) was upgraded to Market Perform from Underperform at Bernstein.

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This entry was posted on Wednesday, January 30th, 2008 at 4:59 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.