Cisco and 4 Top Stocks Upgraded by Wall Street
Wall St. Watchdog reveals information about companies for which stock analysts upgraded the shares on September 8th.
Cisco Systems (NASDAQ:CSCO): Auriga upgraded its rating on this company from Hold to Buy and changed its price target from $16 to $20. About the company: Cisco Systems, Inc. supplies data networking products for the Internet. The Company’s Internet Protocol-based networking solutions are installed at corporations, public institutions and telecommunication companies worldwide. The Company’s solutions transport data, voice, and video within buildings, across campuses, and around the world.
Devon Energy (NYSE:DVN): UBS upgraded its rating on this company from Neutral to Buy and changed its price target from $90 to $85. About the company: Devon Energy Corporation is an independent energy company that is involved primarily in oil and gas exploration, development and production, the transportation of oil, gas, and NGLs and the processing of natural gas. The Company also has marketing and midstream operations primarily in North America that include gas, crude oil and NGLs.
SanDisk (NASDAQ:SNDK): Avian upgraded its rating on this company from Negative to Positive. No price target was given. About the company: SanDisk Corporation supplies flash data storage products. The Company designs, manufactures, and markets industry-standard, solid-state data, digital imaging, and audio storage products using its patented, high-density flash memory and controller technology.
Astec Industries (NASDAQ:ASTE): Canaccord Genuity upgraded its rating on this company from Hold to Buy and changed its price target to $40. About the company: Astec Industries, Inc. designs, engineers, manufactures, markets, and finances equipment and components used primarily in road building and related construction activities. The Company’s products are used in each phase of road building, from quarrying and crushing the aggregate to application of the road surface.
Juniper Networks (NYSE:JNPR): Auriga upgraded its rating on this company from Hold to Buy and changed its price target from $28 to $26. About the company: Juniper Networks, Inc. provides Internet infrastructure solutions for Internet service providers and other telecommunications service providers. The Company offers network infrastructure solutions that includes IP routing, Ethernet switching, security and application acceleration solutions.
(Note: Data on stock ratings are sourced from Briefing.com via the Wall St. Journal. All data are assumed to be accurate.)
Improve Your 2011 Financial Health: Join the winning team of stock pickers with Wall St. Cheat Sheet’s acclaimed premium newsletter>>