Monday, May 16, 2011

Ratings on (SBNY) (SLE) (STEC) Upgraded

Ratings on Signature Bank (NASDAQ: SBNY), Sara Lee (NYSE: SLE) and STEC Inc (NASDAQ: STEC) were upgraded by analysts.

JPMorgan Chase & Co. (NYSE:JPM) upgraded Signature Bank (SBNY) from a “neutral” rating to an “overweight” rating. They have a price target of $65.00 on the company.

JPMorgan Chase & Co. upgraded Sara Lee (SLE) from a “neutral” rating to an “overweight” rating. They have a price target of $23.00 on the company, up from $21.00.

Benchmark Co. upgraded STEC Inc (STEC) from a “hold” rating to a “buy” rating. They have a price target of $21.00 on the company.

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