Thursday, August 11, 2011

PAREXEL (PRXL) (RFMD) (ECL) (LO) (MO) (EQR) Upgraded

PAREXEL International Co. (NASDAQ: PRXL), RF Micro Device (NASDAQ: RFMD), Ecolab Inc. (NYSE: ECL), Lorillard Inc. (NYSE: LO), Altria Group (NYSE: MO) and Equity Residential (NYSE: EQR) upgraded by analysts.

PAREXEL International Co. (PRXL) was upgraded by Jefferies (NYSE:JEF) from an “Underperform” rating to a “Hold” rating. They have a price target of $19.50 on the company.

RF Micro Device (RFMD) was upgraded by Needham & Company from a “Hold” rating to a “Buy” rating. The have a price target of $7.00 on the company.

Ecolab Inc. (ECL) was upgraded by Deutsche Bank (NYSE:DB) from a “Hold” rating to a “Buy” rating. They have a price target of $55.00 on the company. They cited valuation as the catalyst behind the call.

Lorillard Inc. (LO) was upgraded by Davenport from a “Neutral” rating to a “Buy” rating. They have a price target of $120.00 on the company.

Altria Group (MO) was upgraded by Davenport from a “Neutral” rating to a “Buy” rating. They have a price target of $31.00 on the company.

Equity Residential (EQR) was upgraded by FBR Capital from an “Underperform” rating to a “Market Perform” rating.

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