Filed under: Analyst reports, Analyst upgrades and downgrades, Exxon Mobil (XOM), Boeing Co (BA), Cardinal Health (CAH)

MOST NOTEWORTHY: WuXi Pharma, ExxonMobil and LifePoint Hospitals were today’s noteworthy upgrades:

• Jefferies upgraded shares of WuXi Pharma (NYSE: WX) to Buy from Hold as they believe the risk/reward is much improved following the recent weakness. They think the company’s 2008 guidance is achievable.
• Credit Suisse raised ExxonMobil (NYSE: XOM) to Outperform from Neutral as they believe the rise in crude oil means analyst estimates are too low.
• Goldman sees upside to hospital stocks given low valuations and expectations. The firm upgraded LifePoint Hospitals (NASDAQ: LPNT) to Buy from Neutral and named it a top pick along with previous top pick Cardinal Health (NYSE: CAH).

OTHER UPGRADES:

• Goldman added NDS Group (NASDAQ: NNDS) to their Conviction Buy List and upgraded shares to Buy from Neutral.
• Morgan Stanley raised Boeing (NYSE: BA) to Overweight from Equal Weight.
• JP Morgan added Sherwin-Williams (NYSE: SHW) to the Focus List.

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This entry was posted on Friday, March 14th, 2008 at 12:00 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.