Filed under: Analyst upgrades and downgrades, Palm Inc (PALM)

MOST NOTEWORTHY: Siemens , Siliconware Precision and Palm were today’s noteworthy upgrades:

• Goldman upgraded Siemens AG (NYSE: SI) to Buy from Neutral and views shares as defensive in the current environment.
• Merriman upgraded shares of Siliconware Precision (NASDAQ: SPIL) to Buy from Neutral on valuation, as they believe the negative sentiment regarding the U.S. economy is already priced into shares.
• JP Morgan upgraded Palm (NASDAQ: PALM) to Overweight from Underweight citing new smart-phone products expected in 2008 and stronger-than-expected Centro sales.

OTHER UPGRADES:

• Pep Boys (NYSE: PBY) was raised to Neutral from Underperform at Credit Suisse.
• Jefferies upgraded Pioneer Drilling (NYSE: PDC) to Buy from Hold.
• Deutsche Bank upgraded Cablevision (NYSE: CVC) to Buy from Hold.

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This entry was posted on Monday, February 4th, 2008 at 5:05 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.