Benzinga’s Top Upgrades (STT, CMS, SINA, ITW, OSUR, MRX)
November 17, 2009 10:46 AM
State Street Corporation (NYSE: STT) was today upgraded by HSBC Securities from Neutral to Overweight at a price target of $51. State Street Corporation (NYSE: STT) is now trading at $41.82, 2.78% up on 1.42 million shares. So far in 2009, STT is up only 6.50%.
CMS Energy Corporation (NYSE: CMS) climbed 1.92% to $14.84 on 1.65 million shares in the morning trading hours. Today BMO Capital Markets upgraded CMS Energy to Outperform from Market Perform at a price target of $17.
SINA Corporation (USA) (NASDAQ: SINA) increased 9.52% to $46.99 after Deutsche Securities upgraded SINA from Hold to Buy at a price target of $52. SINA has also made a new 52 week high at $47.95 today after breaking its previous 52 week high.
Illinois Tool Works Inc. (NYSE: ITW) was today upgraded by UBS from Neutral to Buy. Now ITW is down 0.78% at $50.63 on 846K shares. The 52 week trading range for ITW is $25.60 - $51.16.
OraSure Technologies, Inc. (NASDAQ: OSUR) was upgraded from Hold to Buy by Needham at price target of $5.50. OSUR is now trading at $4.37, 4.05% up on 172K shares. OSUR has gained around 35% in the last six months.
Medicis Pharmaceutical Corporation (NYSE: MRX) was also upgraded today to Neutral from Underweight by Piper Jaffray. MRX is now up 1.12% at $24.37 on 205K shares. MRX has made a new 52 week high at $24.63 today. In the last six months, MRX gained over 60%.
