Benzinga's Top Upgrades
Analysts at Piper Jaffray upgraded Gap Inc (NYSE: GPS) from “neutral” to “overweight.” Gap's stock closed at $26.05 yesterday. Gaps' trailing-twelve-month ROE is 24.38%.
Analysts at JP Morgan upgraded Ciena Corp (NASDAQ: CIEN) from “neutral” to “overweight.” CIEN's shares closed at $16.29 yesterday. Ciena had $600.70 million in total cash for the latest quarter.
Goldman Sachs upgraded Biogen Idec Inc (NASDAQ: BIIB) from “neutral” to “buy.” BIIB's shares closed at $128.80 yesterday. Biogen Idec's trailing-twelve-month operating margin is 35.11%.
DA Davidson upgraded Akamai Technologies Inc (NASDAQ: AKAM) from “neutral” to “buy.” AKAM's shares closed at $36.38 yesterday. Akamai Technologies' PEG ratio is 1.63.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.