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Wednesday, November 2, 2011

Citigroup (C) (AGP) (AUO) (CAVM) Upgraded

Citigroup (NYSE: C), AMERIGROUP Co. (NYSE: AGP), AU Optronics Corp. (NYSE: AUO) and Cavium Networks, Inc. (NASDAQ: CAVM) were upgraded by analysts.

Citigroup (C) was upgraded by Credit Suisse (NYSE:CS) from a
“Neutral” rating to an “Outperform” rating. They have a price target of $48.00 on the company.

AMERIGROUP Co. (AGP) was upgraded by Bank of America (NYSE:BAC) from an “Underperform” rating to a “Neutral” rating. They have a price target of $59.00 on the company.

AU Optronics Corp. (AUO) was upgraded by HSBC (NYSE:HBC) from an “Underweight” rating to an “Overweight” rating.

Cavium Networks, Inc. (CAVM) was upgraded by Rodman & Renshaw from a “Market Perform” rating to an “Outperform” rating. They have a price target of $36.00 on the company.

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