Change in Ratings
Aflac(AFL Quote) upgraded at Merrill Lynch to Neutral from Underperform.. Challenges within the financial sector have highlighted the value of AFL as they generate an ROE in the 20s without meaningful risk. 2008 EPS lower to $3.98 from $4.00 based upon the expectation of a weaker yen/dollar exchange rate.
Amgen(AMGN Quote) upgraded at Weisel to Overweight from Market Weight. $71 price target. AMGN has announced positive results from its Phase III placebo for postmenopausal osteoporosis. It should be noted that conclusions are difficult to draw from AMGN's press release as reduction in fracture rates were not cited.
Best Buy(BBY Quote) upgraded at Bank of America to Buy from Neutral. $46 price target. Market share gains should offset industry weakness for BBY. 2008 earning estimate increased to $3.31 from $3.21 and 2009 to $3.66 from $3.50. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,308.26 | 1,096.07 | 2,180.05 | 34.87 |
Oil *
73.22
|
|
DOWN
132.86
|
DOWN
13.11
|
DOWN
26.86
|
DOWN
1.09
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10 Yr
3.49%
SPDR Gold
107.34
|
|
-1.27%
|
-1.18%
|
-1.22%
|
-3.03%
|
Data delayed 20 minutes |
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