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Thursday, April 28, 2011

Analyst Upgrades for (ABX) (SCG) (SFLY) (VLY) (ABB)

Scana Corporation (NYSE: SCG), Shutterfly (NASDAQ: SFLY), Valley National Bancorp (NYSE: VLY), ABB Ltd (NYSE: ABB) and Barrick Gold Corp (NYSE: ABX) received upgrades from analysts today.

The Benchmark Company upgraded Scana Corporation (SCG) from a “hold” rating to a “buy” rating. They have a price target of $44 on the company.

Morgan Stanley (NYSE:MS) upgraded Shutterfly (SFLY) from an “equal weight” rating to an “overweight” rating. They now have a price target of $70 on the company.

JPMorgan Chase & Co. (NYSE:JPM) upgraded Valley National Bancorp (VLY) from an “underweight” rating to a “neutral” rating.

Credit Suisse (NYSE:CS) upgraded ABB Ltd (ABB) to an “outperform” rating.

Stifel Nicolaus upgraded Barrick Gold Corp (ABX) from a “hold” rating to a “buy” rating. They have a price target of $70 on the company.

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