Filed under: Analyst reports, Analyst upgrades and downgrades, Microsoft (MSFT), Yahoo! (YHOO), CIGNA Corp (CI), D.R.Horton (DHI), Electronic Arts (ERTS)

MOST NOTEWORTHY: Yahoo!, Cigna and Aegean Marine were today’s noteworthy upgrades:

• Citigroup upgraded shares of Yahoo! (NASDAQ: YHOO) to Buy from Hold as they believe Microsoft (NASDAQ: MSFT) is unlikely to walk away from Yahoo! and that there is potential Microsoft could bid $34/share.
• Credit Suisse upgraded Cigna (NYSE: CI) to Outperform from Neutral citing the company’s favorable business mix.
• Stephens upgraded shares of Aegean Marine (NYSE: ANW) to Overweight from Equal Weight on valuation as they see an attractive entry point at current levels.

OTHER UPGRADES:

• JMP Securities raised D.R. Horton (NYSE: DHI) to Strong Buy from Outperform and Pulte Homes (NYSE: PHM) to Outperform from Market Perform.
• Goldman added Hertz Global (NYSE: HTZ) and Electronic Arts (NASDAQ: ERTS) to its Conviction Buy List.

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This entry was posted on Tuesday, March 25th, 2008 at 12:16 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.