Benzinga's Top Upgrades (GFI, NVS, VE, TEL)
Gold Fields Ltd (NYSE: GFI) was upgraded by HSBC from "neutral" to "overweight." GFI's shares closed at $18.13 yesterday. Gold Fields' quarterly revenue surged 22.10% y/y.
Credit Suisse upgrade Novartis AG (NYSE: NVS) from "neutral" to "outperform." NVS' shares closed at $54.50 yesterday. Novartis' trailing-twelve-month operating margin is 25.77%.
JP Morgan upgrade Veolia Environnement SA (NYSE: VE) from "underweight" to "neutral." VE's shares closed at $27.39 yesterday. Veolia Environnement's PEG ratio is 0.91.
Analysts at BofA/Merrill upgrade Tyco Electronics Ltd (NYSE: TEL) from "neutral" to "buy." TEL's shares closed at $32.81 yesterday. Tyco Electronics' PEG ratio is 0.50.
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