Ericsson (ERIC), Lumber Liquidators (LL), Kellogg (K), HCA Holdings (HCA), VIVUS (VVUS) and DirecTV (DTV) were upgraded or downgraded by analysts.
Lumber Liquidators (LL) upgraded to Overweight from Neutral at Piper Jaffray.Piper Jaffray upgraded Lumber Liquidators citing the company's operational turnaround and gross margin opportunities following yesterday's sell-off. The firm raised its price target for shares to $26 from $18.
Kellogg (K) upgraded to Buy from Hold at Deutsche Bank.Deutsche Bank upgraded Kellogg citing growth prospects for the company's snacks unit following the acquisition of Pringles. The firm believes the Pringles purchase creates a potential inflection point for Kellogg and raised its price target for shares to $57 from $51.
HCA Holdings (HCA) upgraded to Buy from Hold at Deutsche Bank.Deutsche Bank upgraded HCA Holdings citing the improving U.S. economy and reduced legislative risk for the remainder of 2012. The firm keeps a $32 price target for shares.
VIVUS (VVUS) upgraded to Hold from Sell at Brean Murray.Brean Murray upgraded VIVUS citing the likely approval of Qnexa following the positive panel vote.
DirecTV (DTV) upgraded to Overweight from Neutral at Atlantic Equities.Atlantic Equities upgraded DirecTV based on reduced expectations, share buybacks, and valuation. Price target raised to $55 from $53.
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