6 Stocks With Recent Analyst Upgrades

NEW YORK (Stockpickr) -- At Stockpickr, we track daily portfolios of stocks with analyst upgrades and analyst downgrades. With a Stockpickr account (sign up here), you can elect to receive email alerts when a stock in one of your user-generated portfolios shows up when we update these and other lists, including Insider Buys, Stocks With Unusual Options Activity and Top Percentage Gainers.

We also track the top 30 holdings of various professional investors, including Warren Buffett and George Soros, according to their most recent 13F filings with the SEC.

Related: John Paulson's Top 10 Financial Stocks

Today, we're taking a closer look at some recent stocks that have been upgraded by analysts and that also show up in at least one of Stockpickr's professional portfolios.

McDonald's

McDonald's ( MCD) was recently upgraded to outperform from sector perform at RBC Capital, with an $85 price target.

McDonald's shows up in the portfolio of the Bill and Melinda Gates Foundation Trust, comprising 4.77% of the total portfolio, and of Louis Navellier at Navellier & Associates, which increased its position by 3,962.4% in the most recent reporting period.

Stock Overview: McDonald's franchises and operates McDonald's restaurants in the food service industry. The company and its franchisees purchase food, packaging, equipment and other goods from numerous independent suppliers. McDonald's has traded in a 52-week range of $62.39 to $80.94 and was recently at $74.63. It has a market cap of $79.2 billion billion and a 1.2 short interest ratio, and it yields 3.3%.

Analyst Ratings: Of 24 analysts covering the stock, 16 rate it a buy, and eight rate it a hold. TheStreet Ratings has an A+ buy rating on McDonald's, one of the top-rated restaurant and hotel stocks.

Earnings Estimates: McDonald's reported fourth-quarter results before the bell on Monday. The company earninged $1.16 a share, or $1.24 billion, up from $1.11 a share in the year-ago quarter. Revenue rose 4% year over year to $6.21 billion, from $5.97 billion. Analysts had been expecting earnings of $1.16 a share on revenue of $6.22 billion

More on McDonald's: Earlier this month, Jim Cramer included McDonald's as one of several stocks he considered terrific bargains. McDonald's is one of the highest-yielding Dow stocks for 2011.

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Symantec

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Symantec ( SYMC) was recently upgraded to buy from hold at Deutsche Bank, which has a $22 price target on the stock and foresees better sales growth for the company in 2011.

Symantec shows up in the portfolios of Private Capital Management, comprising 4.5% of the portfolio, and Mason Hawkins.

Stock Overview: Symantec provides security, storage and systems management solutions to help businesses and consumers secure and manage their information. It has business in three geographic regions: Americas, EMEA and Asia Pacific Japan. The stock has traded in a 52-week range of $12.04 to $18.84 and was recently at $17.80. It has a market cap of $13.9 billion and a 2.2 short interest ratio.

Analyst Ratings: Of 33 analysts covering the stock, 17 rate it a buy, 15 rate it a hold, and one rates it a sell. TheStreet Ratings has a C+ hold rating on Symantec.

Earnings Estimates: Symantec is slated to report earnings on Jan. 26. Analysts expect it to earn 30 cents a share in the most recent quarter, compared with 35 cents a share in the year-ago quarter. 

Micron

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Micron Technology ( MU) was recently upgraded to buy from neutral at UBS, which has a $12 price target on the stock.

Micron shows up in the portfolio of Donald Smith at Smith & Co., who also owns Tesoro ( TSO) and JetBlue ( JBLU).

Stock Overview: Micron Technology is a global manufacturer and marketer of DRAM, NAND flash memory, CMOS image sensors and other semiconductor components. It has traded in a 52-week range of $6.77 to $11.40 and was recently at $9.77. It has a market cap of $9.8 billion and a 2.7 short interest ratio.

Analyst Ratings: Of 21 analysts covering the stock, 15 rate it a buy, five rate it a hold, and one rates it a sell. TheStreet Ratings has a C hold rating on Micron.

More on Micron:Micron was one of the 10 worst-performing S&P 500 stocks of 2010. Appaloosa Management's David Tepper recently told CNBC that he's bullish on semiconductor stocks such as Micron. 

Baker Hughes

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Baker Hughes ( BHI) was recently upgraded to outperform from market perform at BMO Capital, with a $90 price target.

Baker Hughes shows up in the portfolio of T. Boone Pickens' BP Capital, comprising 1.8% of the total portfolio, and Robert Rodriguez at FPA Capital.

Stock Overview: Baker Hughes is engaged in the oilfield services industry. It provides products and services for drilling and evaluation of oil and gas wells; completion and production of oil and gas wells; fluids and chemicals and reservoir technology. It has traded in a 52-week range of $35.62 to $60.18 and was recently at $59. It has a market cap of $25.4 billion and a 2.6 short interest ratio, and it yields 1%.

Analyst Ratings: Of 30 analysts covering the stock, 20 rate it a buy, and 10 rate it a hold. TheStreet Ratings has a B- buy rating on Baker Hughes.

Earnings Estimates: Baker Hughes is slated to report earnings on Jan. 25. Analysts expect it to earn 65 cents a share in the most recent quarter, compared with 43 cents a share in the year-ago quarter.

Dollar Tree

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Dollar Tree ( DLTR) was recently upgraded to overweight from equal weight at Morgan Stanley, with a $63 price target. Morgan Stanley projected double-digit sales growth for the company.

Dollar Tree shows up in the portfolio of Blue Ridge Capital, comprising 3% of the total portfolio, and Chuck Akre at Akre Capital Management.

Stock Overview: Dollar Tree operates discount variety stores in the U.S. Its stores offer merchandise at the fixed price of $1. The company operates stores under the names of Dollar Tree, Deal$ and Dollar Bills. The stock has traded in a 52-week range of $31.33 to $57.99 and was recently at $51.63. It has a market cap of $6.5 billion and a 4.1 short interest ratio.

Analyst Ratings: Of 21 analysts covering the stock, 11 rate it a buy, and 10 rate it a hold. TheStreet Ratings has an A buy rating on Dollar Tree, earning it a spot on the top-rated multiline retail stocks list.

Earnings Estimates: Dollar Tree is slated to report earnings on Feb. 23. Analysts expect the company to earn $1.27 a share in the quarter ending in January 2011, compared with $1.01 a share in the year-ago quarter.

More on Dollar Tree:Dollar Tree was one of the top 10 retail stocks of 2010, according to Jeanine Poggi. 

Eaton

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Eaton ( ETN) was recently upgrade to outperform from neutral at Baird, with a $130 price target.

Eaton shows up in the portfolios of David Williams at the Columbia Value & Restructuring Fund and Richard Snow at Snow Capital.

Stock Overview: Eaton is a power management company. It has traded in a 52-week range of $60.83 to $106.75 and it was recently at $103. It has a market cap of $17.2 billion and a 1.5 short interest ratio, and it yields 2.3%.

Analyst Ratings: Of 20 analysts covering the stock, nine rate it a buy, and 11 rate it a hold. TheStreet Ratings has a B buy rating on Eaton.

Earnings Estimates: Eaton is slated to report earnings on Jan. 27. Analysts expect it to earn $1.67 a share in the most recent quarter, compared with $1.35 a share in the year-ago quarter.

More on Eaton:Earlier this month, Jim Cramer encouraged "Mad Money" viewers to get bullish on stocks such as Eaton.

To see these stocks in action, visit the 6 Stocks With Analyst Upgrades portfolio at Stockpickr.

-- Written by Rebecca Corvino in New York.

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Disclosure: TheStreet's editorial policy prohibits staff editors and reporters from holding positions in any individual stocks.

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