Lowe's- Upgrades & Downgrades

TheStreet Ratings released rating changes on 7 U.S. common stocks for December 8, 2010. Four stocks were upgraded and three stocks were downgraded by our stock model.
By Chris Stuart, CFA ,

NEW YORK (

TheStreet

) -TheStreet Ratings' stock model upgraded

Lowe's

(LOW) - Get Report

to 'Buy' from 'Hold'. Revenues at this $35 billion market cap, home improvement retailer rose 2% to $11.6 billion in the fiscal third quarter as compared to the same quarter last year.

TheStreet Ratings released rating changes on 7 U.S. common stocks for December 8, 2010. In total, 4 stocks were upgraded and 3 stocks were downgraded by our stock model.

In the third quarter, Lowe's reported an 18% improvement in net income to $404 million from $343 million a year earlier. Learn more about Lowe's Companies Inc:

Company Profile

,

Income Statement

,

Balance Sheet

,

Stock Ratios

,

Analyst Ratings

.

$1.2 billion market cap, security hardware and software company,

Blue Coat Systems

(BCSI)

was upgraded to 'Buy' from 'Hold'. In fiscal second quarter results, Blue Coat reported a 1% increase in revenues to $121 million. Blue Coat's reported net income was $12 million, an increase of 44% from the same quarter last year. Learn more about Blue Coat Systems:

Company Profile

,

Income Statement

,

Balance Sheet

,

Stock Ratios

,

Analyst Ratings

.

-- Reported by Chris Stuart in Boston, MA.

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Chris Stuart, CFA, equity research manager, joined TheStreet.com Ratings after working as a senior investment analyst with Merrill Lynch, covering Small Cap Equity and Alternative investment strategies. Prior to that, Chris gained analytical and investment experience, working for One Beacon Insurance as an Actuarial Analyst, and H&R Block as a Financial Advisor. He earned his Bachelor's degree in Finance from the University of Massachusetts Amherst. He holds a Chartered Financial Analyst (CFA) designation, and is a member of the Boston Security Analysts Society (BSAS) and the CFA Institute.

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