Analysts Upgrade Shares of these Basic Materials Companies This Month

Wall St. Watchdog reveals information about companies for which stock analysts upgraded shares in the Basic Materials sector for the week ending December 9th, 2011.

  • Polypore Intl (NYSE:PPO): BB&T Capital Mkts upgraded its rating on this company from Hold to Buy and changed its price target to $70 on Dec 5th. The shares recently traded at $47.59, down $3.1, or 6.12% since the analyst’s rating. About the company: Polypore International, Inc. develops, manufactures, and markets specialized polymer-based membranes used in separation and filtration processes. The Company serves customers globally with manufacturing facilities in North America, Europe, and Asia. Get the most recent company news and stock data here >>
  • Boardwalk Pipeline (NYSE:BWP): Morgan Keegan upgraded its rating on this company from Mkt Perform to Outperform on Dec 5th. The shares recently traded at $27.71, up $0.5, or 1.84% since the analyst’s rating. About the company: Boardwalk Pipeline Partners, LP transports, gathers, and stores natural gas. The Company owns and operates interstate pipeline systems that either serve customers directly or indirectly throughout the northeastern and southeastern United States. Get the most recent company news and stock data here >>
  • Atwood Oceanics (NYSE:ATW): Morgan Keegan upgraded its rating on this company from Mkt Perform to Outperform on Dec 7th. The shares recently traded at $40.19, down $1.06, or 2.57% since the analyst’s rating. About the company: Atwood Oceanics, Inc. performs contract drilling of exploratory and development oil and gas wells in offshore areas, and provides related support, management, and consulting services. The Company also provides labor, supervisory, and consulting services to operator-owned platform rigs in Australia. Get the most recent company news and stock data here >>
  • Comstock (NYSE:CRK): Oppenheimer upgraded its rating on this company from Perform to Outperform and changed its price target to $30 on Dec 7th. The shares recently traded at $17.87, down $2.16, or 10.78% since the analyst’s rating. About the company: Comstock Resources, Inc., an independent exploration and production company, acquires, develops, produces, and explores oil and natural gas properties. The Company’s oil and natural gas reserves are located in the Gulf of Mexico, Texas, and Louisiana. Get the most recent company news and stock data here >>
  • Western Refining (NYSE:WNR): RBC Capital Mkts upgraded its rating on this company from Outperform to Top Pick and changed its price target from $22 to $20 on Dec 8th. The shares recently traded at $12.40, down $0.03, or 0.24% since the analyst’s rating. About the company: Western Refining, Inc., through a subsidiary, refines crude oil and markets petroleum products. The subsidiary primarily produces gasoline, diesel, and jet fuel. The products are marketed in Arizona, New Mexico and Texas in the United States, and Juarez, Mexico. Get the most recent company news and stock data here >>

(Note: Selected financial data are sourced from Briefing.com via the Wall St. Journal. All data are assumed to be accurate.)

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