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Wednesday, November 30, 2011

Sonus (SONS) (STO) (CRBC) (DNR) (FHN) (HON) (HPQ) Upgraded

Sonus Networks, Inc. (NASDAQ: SONS), Statoil (NYSE: STO), Citizens Republic Bancorp, Inc. (NASDAQ: CRBC), Denbury Resources Inc. (NYSE: DNR), First Horizon National Co. (NYSE: FHN), Honeywell International Inc. (NYSE: HON) and Hewlett-Packard (NYSE: HPQ) were upgraded by analysts.

Sonus Networks, Inc. (SONS) was upgraded by Northland Securities from a “Market Perform” rating to an “Outperform” rating. They have a price target of $3.25 on the company, up from $2.25.

Statoil (STO) was upgraded by Collins Stewart from a “Neutral” rating to a “Buy” rating.

Citizens Republic Bancorp, Inc. (CRBC) was upgraded by Citigroup (NYSE:C) to an “Outperform” rating. They have a price target of $14.00 on the company.

Denbury Resources Inc. (DNR) was upgraded by SunTrust (NYSE:STI) from a “Neutral” rating to a “Buy” rating.

First Horizon National Co. (FHN) was upgraded by Stephens to an “Overweight” rating.

Honeywell International Inc. (HON) was upgraded by Sterne Agee from a “Neutral” rating to a “Buy” rating. They have a price target of $69.00 on the company.

Hewlett-Packard (HPQ) was upgraded by RBC Capital from a “Sector Perform” rating to an “Outperform” rating.

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