Alibaba, Whirlpool and Philip Morris See Upbeat Analysts’ Notes

In Friday's Analysts' Actions, we highlight upgrades for Alibaba Group Holding (BABA) and Philip Morris Int'l. (PM), along with new coverage on Whirlpool Corp (WHR). Alibaba was upgraded by analysts at Goldman Sachs to BUY from NEUTRAL with a $98 price target. Nomura also chimed in, raising its price target to $137 from $119. Plus, Philip Morris Int'l got an upgrade from Goldman and was removed from the firm's 'Americas Sell List.' RBC Capital started coverage on Whirlpool with an OUTPERFROM rating and a $210 price target. The firm calls the appliance maker an exceptionally well-managed company, and sees a favorable competitive environment in North America. TheStreet's Kurumi Fukushima reports in New York.