Monday, May 16, 2011

Ratings on (JEC) (MGM) (NIHD) (QCOM) Upgraded

Ratings on Jacobs Engineering (NYSE: JEC), MGM Resorts (NYSE: MGM), NII Holdings (NASDAQ: NIHD) and QUALCOMM, Inc. (NASDAQ: QCOM) were upgraded by analysts.

Robert W. Baird upgraded Jacobs Engineering (JEC) from a “neutral” rating to an “outperform” rating. They have a price target of $55.00 on the company, up from $54.00.

Jefferies (NYSE:JEF) upgraded MGM Resorts (MGM) from a “hold” rating to a “buy” rating.

Credit Suisse (NYSE:CS) upgraded NII Holdings (NIHD) from an “underperform” rating to a “neutral” rating. They have a price target of $48.00 on the company, up from $42.00.

BMO Capital Markets upgraded QUALCOMM, Inc. (QCOM) to an “outperform” rating.

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