Tuesday, May 17, 2011

Ratings on (ACM) (AEP) (ALLT) (BNPQY) (CHA) Upgraded

Ratings on shares of AECOM Technology Co. (NYSE: ACM), American Electric Power (NYSE: AEP), Allot Communications Ltd. (NASDAQ: ALLT), BNP Paribas SA (OTC: BNPQY) and China Telecom (NYSE: CHA) were upgraded by analysts.

Argus analysts upgraded AECOM Technology Co. (ACM) from a “hold” rating to a “buy” rating. They have a price target of $33.00 on the company.

Bank of America (NYSE:BAC) upgraded American Electric Power (AEP) from a “neutral” rating to a “buy” rating. They have a price target of $41.00 on the company.

ThinkEquity upgraded Allot Communications Ltd. (ALLT) from a “hold” rating to a “buy” rating. They have a price target of $17.00 on the company.

Morgan Stanley (NYSE:MS) upgraded BNP Paribas SA (BNPQY) from an “equal weight” rating to an “overweight” rating.

Credit Suisse (NYSE:CS) upgraded China Telecom (CHA) from an “underperform” rating to a “neutral” rating.

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