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Friday's Analysts' Upgrades and Downgrades
CHANGE IN RATINGS
Open Text (OTEX Quote) upgraded at Merrill from Sell to Neutral. Company posted solid quarterly results, though uncertainty about future growth remains.Open Text numbers lowered at Jefferies. Price target dips to $25 from $26 and 2008 EPS estimates dropt to $1.77 form $1.80. Reiterates Hold rating.
PSS World Medical (PSSI Quote) upgraded at Baird from Neutral to Outperform. $23 price target. Recent one-time charges and business investments have masked the strength of core earnings.
QLogic (QLGC Quote) upgraded at Citigroup from Sell to Hold. $14 price target. Stock is already pricing in lower expected growth in the second half of the year. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
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