Tuesday, August 16, 2011

Tyson (TSN) (GM) (TPCG) (IBM) (PNM) (SEE) (SUN) (SYK) Upgraded

Tyson Foods, Inc. (NYSE: TSN), General Motors (NYSE: GM), TPC Group, Inc. (NASDAQ: TPCG), IBM (NYSE: IBM), PNM Resources, Inc. (NYSE: PNM), Sealed Air Corp. (NYSE: SEE), Sunoco Incorporated (NYSE: SUN) and Stryker (NYSE: SYK) upgraded by analysts.

Tyson Foods, Inc. (TSN) was upgraded by BMO Capital Markets from a “Market Perform” rating to an “Outperform” rating.

General Motors (GM) was upgraded by Ticonderoga from a “Neutral” rating to a “Buy” rating. They have a price target of $42.00 on the company.

TPC Group, Inc. (TPCG) was upgraded by Macquarie from a “Neutral” rating to an “Outperform” rating.

IBM (IBM) was upgraded by Goldman Sachs (NYSE:GS) from a “Neutral” rating to a “Buy” rating. They have a price target of $195.00 on the company.

PNM Resources, Inc. (PNM) was upgraded by Jefferies (NYSE:JEF) from a “Hold” rating to a “Buy” rating. They have a price target of $16.00 on the company, up from $15.00.

Sealed Air Corp. (SEE) was upgraded by Bank of America (NYSE:BAC) from a “Neutral” rating to a “Buy” rating. They cited valuation as the catalyst behind the call.

Sunoco Incorporated (SUN) was upgraded by Macquarie from a “Neutral” rating to an “Outperform” rating.

Stryker (SYK) was upgraded by Rodman & Renshaw from a “Market Perform” rating to an “Outperform” rating. They have a price target of $56.00 on the company.

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