Analysts' Upgrades and Downgrades
Friday's Analysts' Upgrades and Downgrades
TSC Staff
03/16/07 - 12:14 PM EDT
Change in Ratings
Credit Suisse is upgrading
Heinz(HNZ Quote) to Outperform from Neutral based on limited risk and very high visibility to earnings growth. Maintained $50 target price.
Moody's(MCO Quote) upgraded to Buy rating from Neutral at UBS. Price target and 2007 EPS estimates hold at $76 and $2.60, respectively.
Sock Comments/EPS Changes
Global Crossing(GLBC Quote) price target raised at Jefferies. Price target rises to $34 from $29. Reiterates Buy rating.
Manitowoc(MTW Quote) numbers raised at UBS. Price target rises to $60 from $58 and 2007 EPS estimates bump up to $4.30 from $4.00. Reiterates Buy rating.