Monday, May 9, 2011

Ratings on (MSB) (MTSC) (NE) (NFG) (PDC) Upgraded

Analysts upgraded their ratings on Mesabi Trust (NYSE: MSB), MTS Systems Co. (NASDAQ: MTSC), Noble Corp (NYSE: NE), National Fuel Gas Co. (NYSE: NFG) and Pioneer Drilling Company (NYSE: PDC) today.

Davenport upgraded Mesabi Trust (MSB) from a “neutral” rating to a “buy” rating.

Janney Montgomery Scott upgraded MTS Systems Co. (MTSC) from a “neutral” rating to a “buy” rating.

Duncan Williams upgraded Noble Corp (NE) from a “reduce” rating to a “strong buy” rating. They have a price target of $54.00 on the company. They cited valuation as the catalyst behind the call.

Raymond James upgraded National Fuel Gas Co. (NFG) from an “outperform” rating to a “buy” rating.

Raymond James upgraded shares of Pioneer Drilling Company (PDC) from a “market perform” rating to an “outperform” rating.

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