Wall St. Watchdog reveals information about companies for which stock analysts upgraded shares in the Basic Materials sector for the week ending December 2nd, 2011.
- OM Group (NYSE:OMG): KeyBanc Capital Mkts upgraded its rating on this company from Hold to Buy and changed its price target to $30 on Nov 30th. The shares recently traded at $22.85, up $0.1, or 0.44% since the analyst’s rating. About the company: OM Group, Inc. produces and markets value-added metal-based specialty chemicals and powders. The Company supplies metal carboxylates, inorganic metal salts, and metal powders for diverse applications to a variety of industries. OM’s products are used to manufacture coatings, custom catalysts, liquid detergents, lubricants, fuel additives, colorants, and rechargeable batteries. Get the most recent company news and stock data here >>
- Cameron (NYSE:CAM): HSBC Securities upgraded its rating on this company from Neutral to Overweight and changed its price target from $62 to $63 on Nov 30th. The shares recently traded at $54.06, up $0.07, or 0.13% since the analyst’s rating. About the company: Cameron International Corporation manufactures oil and gas pressure control equipment, including valves, wellheads, chokes, and assembled systems. The Company’s equipment is used for oil and gas drilling, production, and transmission in onshore, offshore, and subsea applications. Cameron also produces gas turbines, centrifugal gas and air compressors, and other products. Get the most recent company news and stock data here >>
- Gulfport Energy (NASDAQ:GPOR): Global Hunter Securities upgraded its rating on this company from Neutral to Accumulate and changed its price target to $38. About the company: Gulfport Energy Corporation owns and operates oil and gas properties in the Louisiana Gulf Coast area of the United States. 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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