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Thursday, January 12, 2012

BP (BP) (EMC) (URBN) (SINA) (CREE) Upgraded

BP Plc (NYSE:BP), EMC Corp. (NYSE:EMC), Urban Outfitters (NASDAQ:URBN), SINA Corp. (NASDAQ:SINA) and Cree Inc. (NASDAQ:CREE) were upgraded by analysts.

Jefferies (NYSE:JEF) upgraded BP (NYSE:BP) from a "Hold" rating to a "Buy" rating.

JPMorgan (NYSE:JPM) upgraded EMC Corp. (EMC) from a "Neutral" rating to an "Overweight" rating.

Wedbush upgraded Urban Outfitters (URBN) from an "Underperform" rating to a "Neutral" rating.

JPMorgan upgraded SINA Corp. (SINA) from a "Neutral" rating to an "Overweight" rating. They have a price target of $79.00 on the company.

Kaufman Brothers upgraded Cree Inc. (CREE) from a "Sell" rating to a "Hold" rating. They have a price target of $24.00 on the company, up from $19.00.

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