Upgrades

Standpoint Research Initiates Coverage On Verizon & ATT With Buy Ratings (VZ, T)

Standpoint Research initiated coverage of both Verizon (NYSE: VZ) and AT&T (NYSE: T) today. According to Standpoint analyst, Ronnie Moas, this is the first time in 7 years that he is opening a recommendation in the U.S. Integrated Telecom industry.

Benzinga’s Top Upgrades (TTEK, ETE, CPSI)

Tetra Tech Inc (NASDAQ: TTEK) was upgraded by Janney Montgomery Scott from “neutral” to “buy.” TTEK’s shares closed at $20.75 yesterday. TTEK’s shares have fallen 23.63% year-to-date. Read more about this company here.

Janney Montgomery Upgrades TTEK On Valuation

Analysts at Janney Montgomery Scott upgrade Tetra Tech (NASDAQ: TTEK) from "neutral" to "buy." The target price for TTEK is set to $26. According to Janney Montgomery Scott, the upgrade in rating is based on valuation. TTEK’s shares closed at $20.75 yesterday. More Analyst Ratings here

Corning (GLW) Upgraded

Analysts at Thomas Weisel upgraded Corning (NYSE: GLW) from "market weight" to "overweight". The LCD television market has been strong and is driving demand for screens produced by Corning.

Standpoint Initiates GameStop With A Buy (GME)

Standpoint Research initiated shares of GameStop (NYSE: GME) with a Buy rating today and a $36 price target. This morning, the Grapevine, Texas based video game retailer reported better than expected earnings, and the stock has surged 8% to $21.43 during the current trading session.

LSI To See Continued Strength In Demand Across PC, Server And Networking Positions

Analyst Suji De Silva of Kaufman Brothers upgrades LSI Corporation (NYSE: LSI) from "hold" to "buy." The target price for LSI has been raised from $5.50 to $8.00.

Nike (NKE) Upgraded

Analysts at FBR Capital upgraded Nike (NYSE: NKE) from "market perform" to "outperform" with a price target of $84. Nike's really important -- in some ways, more important than FedEx . It's a global franchise of footwear you don't need. Wal-Mart has tons of sneakers that look like Nikes, so you don't need to buy Nikes. You don't need to overpay.

LSI Corporation (LSI) Upgraded To Buy; Price Target Raised

Analyst Suji De Silva at Kaufman Bros. has upgraded LSI Corporation (NYSE: LSI) from Hold to Buy rating. The price target for LSI Corporation stock has been raised from $5.50 to $8. The company has revised its guidance for first-quarter. It has raised its first-quarter revenue estimate from $590-$620 million to $620-$640 million.

Benzinga’s Top Upgrades (NKE, BF-B, CAR, BKC, MDTH)

Nike Inc (NYSE: NKE) was upgraded by FBR Capital from “market perform” to “outperform.” NKE’s shares closed at $70.88 yesterday. NKE’s shares have gained 7.70% year-to-date. Read more about this company here.

Burger King (BKC) Upgraded

Analyst Jason West at Deutsche Bank upgraded Burger King Holdings Inc. (NYSE: BKC) today from a "hold" to a "buy". West anticipates Burger King will be able to capitalize on easier comparisons versus year-ago results, improving economic conditions and a renewed concentration on its breakfast menu items.