Investors did not get the Iranian election results they were hoping for and stocks are lower at the start of Monday trading. Let's take a look at what traders may want to put on their radar screens today:
Story Stocks
United Technologies(UTX): Stock a bit lower in the early going after reaffirming 2009 guidance. Limited Brands, Inc.(LTD): Company looking to raise $500 million through senior notes offering. Lincoln National Corporation(LNC): Announces $2 Billion offering of stock and debt. Dean Foods Company(DF): Stock is lower after announcing acquisition Belgium's largest privately held food company.
Upgrades to Watch
Yahoo(YHOO): Upgraded to a buy at Citigroup. $21 price target. Abbott Labs(ABT): Morgan Stanley raises estimates. $55 price target. Broadcom(BRCM): FBR lifts stock target to $29.50. Ebay(EBAY): FBR puts $20 target price on stock. Temple-Inland(TIN): Merrill Lynch/Bank of America raises target price to $16. Bank of America(BAC): Rochdale Securities analyst Dick Bove raises target price from $5 to $19. Accenture(ACN): Goldman Sachs raised rating to a buy from neutral. $36 price target. Dell Inc.(DELL): Goldman raises stock to a neutral from a sell rating. $14 price target. DirecTV(DTV): Pali Research initiates company with a buy rating. $32 price target. Mead Johnson Nutrition(MJN): Goldman Sachs raises company to a buy from a neutral. $40 price target. A lot more upgrades this morning, and we are seeing a recent lovefest with EBAY and Yahoo from analysts. They went from being very "unloved" to highly embraced. Not sure I would be chasing these names here. BAC with yet another upgrade.- Loading Comments...
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