Thursday, August 18, 2011

Bayer (BAYRY) (PAAS) (MMI) (VRTX) (ODP) (CHDN) Upgraded

Bayer AG (OTC: BAYRY), Pan American Silver Corp (NASDAQ: PAAS), Motorola Mobility (NYSE: MMI), Vertex Pharmaceuticals (NASDAQ: VRTX), Office Depot, Inc. (NYSE: ODP) and Churchill Downs, Inc. (NASDAQ: CHDN) upgraded by analysts.

Motorola Mobility (MMI) was upgraded by JPMorgan Chase & Co. (NYSE:JPM) from an “Underweight” rating to a “Neutral” rating.

Vertex Pharmaceuticals (VRTX) was upgraded by William Blair from a “Market Perform” rating to an “Outperform” rating.

Pan American Silver Corp. (PAAS) was upgraded by Canaccord Genuity from a “Hold” rating to a “Buy” rating.

Bayer AG (BAYRY) was upgraded by Nomura from a “Neutral” rating to a “Buy” rating.

Office Depot, Inc. (ODP) was upgraded by UBS AG from a “Sell” rating to a “Neutral” rating. They have a price target of $3.00 on the company.

Churchill Downs, Inc. (CHDN) was upgraded by Hilliard Lyons from a “Neutral” rating to a “Buy” rating. They have a price target of $52.00 on the company.

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