Benzinga's Top Upgrades

Analysts at Robert W. Baird upgraded Peet's Coffee & Tea Inc (NASDAQ: PEET) from “neutral” to “outperform.” PEET's shares closed at $62.09 yesterday. Peet's Coffee & Tea's trailing-twelve-month revenue is $361.92 million.

Analysts at Bank of America upgraded Dendreon Corp (NASDAQ: DNDN) from “underperform” to “neutral.” DNDN's stock closed at $13.94 yesterday. Dendreon's PEG ratio is 0.16.

Analysts at JP Morgan upgraded MDC Holdings Inc (NYSE: MDC) from “underweight” to “neutral.” MDC's shares closed at $22.40 yesterday. MDC Holdings' trailing-twelve-month revenue is $856.36 million.

JP Morgan upgraded Infinera Corp (NASDAQ: INFN) from “underweight” to “neutral.” INFN's shares closed at $7.31 yesterday. Infinera had $245.26 million in total cash for the latest quarter.

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