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Friday, October 10, 2008 --- 91 days ago
Filed under: Analyst reports , Analyst upgrades and downgrades , Intel (INTC) , MasterCard Inc'A' (MA) , Morgan Stanley (MS) , Analyst initiations , MetLife Inc. (MET) Analyst upgrades: William Blair upgraded Parexel (NASDAQ: PRXL ) to Outperform from Market Perform on increased conviction in the company's earnings growth outlook following channel checks. Friedman Billings upgraded UDR Inc (NYSE: UDR ) to Outperform from Market Perform and raised its target to $22 from $26 citing the company's approximate 8% implied cap rate on is vastly improved apartment portfolio. Citigroup upgraded Abercrombie & Fitch (NYSE: ANF ) to Hold from Sell on valuation as they believe weak fundamentals are now priced into the stock. Goldman upgraded Portland General Electric (NYSE: POR ) to Buy from Neutral and added shares to the Conviction Buy List. StellarOne (NASDAQ: STEL ) and Union Bankshares (NASDAQ: UBSH ) were upgraded to Neutral from Underperform at Baird. Bernstein upgraded DISH Network (NASDAQ: DISH ) to Market Perform from Underperform. Analyst downgrades: Deutsche Bank downgraded Align Tech (NASDAQ: ALGN ) to Hold from Buy as they believe macroeconomic pressures will limit the company's ability to reach longer term growth expectations. Align's target was lowered to $8 from $14. Jefferies downgraded shares of Advanced Medical (NYSE: EYE ) to Underperform from Buy and lowered its target to $9 from $28 following the company's lowered guidance ...




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