Tuesday, August 16, 2011

Cathay (CATY) (ZION) (AWI) (TCB) (BMS) (BOKF) Upgraded

Cathay General Bancorp (NASDAQ: CATY), Zions Bancorporation (NASDAQ: ZION), Armstrong World Industries (NYSE: AWI), TCF Financial Co. (NYSE: TCB), Bemis (NYSE: BMS) and BOK Financial Co. (NASDAQ: BOKF) upgraded by analysts.

Zions Bancorporation (ZION) was upgraded by RBC Capital from a “Sector Perform” rating to an “Outperform” rating. They have a price target of $20.00 on the company, down from $25.00.

Armstrong World Industries (AWI) was upgraded by BB&T (NYSE:BBT) from a “Hold” rating to a “Buy” rating.

TCF Financial Co. (TCB) was upgraded by FBR Capital from an “Underperform” rating to a “Market Perform” rating. They have a price target of $11.00 on the company, down from $12.00.

Bemis (BMS) was upgraded by Bank of America (NYSE:BAC) from an “Underperform” rating to a “Buy” rating.

BOK Financial Co. (BOKF) was upgraded by Stifel Nicolaus from a “Hold” rating to a “Buy” rating. They have a price target of $56.00 on the company.

Cathay General Bancorp (CATY) was upgraded by RBC Capital from a “Sector Perform” rating to an “Outperform” rating. They have a price target of $15.00 on the company, down from $18.00.

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