Bank of America

Listed below are today's Top Upgrades at Benzinga: Desjardins Capital Markets Upgrades CGI Group (NYSE: GIB) to Buy: Desjardins went on to say “Given the outlook for CGI is more positive for 2H FY12 and FY13, in contrast to its business performance through the latter half of FY11 and 1H FY12, we...

Bank of America reduces its price target on Research in Motion (NASDAQ: RIM) from $16.50 to $13.50 and keeps shares rated Neutral. Bank of America comments, "The future of RIM is highly dependant on a successful execution and positive market reception for BB10 platform. Unfortunately, the lack of...

Bank of America reiterates its Buy rating on Bank of Nova Scotia (NYSE: BNS) and raises its price objective from $62 to $63. Bank of America notes, "We maintain our Buy rating on Scotiabank shares and are raising our price objective to $63 from $62. We continue to believe that improving momentum...

Bank of America reiterates its Buy rating on Watson Pharmaceuticals (NYSE: WPI) and raises its price target from $92 to $93. Bank of America comments, "Following WPI's settlement with ENDP on Lidoderm (pain patch), we added sales of the product to our WPI model beginning in 2013 (brand from Jan-...

According to a research report published this morning, Bank of America has upgraded Sunoco Logistics Partners (NYSE: SXL) from Underperform to Neutral. In the report, Bank of America said, "We upgrade SXL to Neutral considering 1) SXL's recent unit price pullback (SXL has declined 15.3% since the...

According to a research report published this morning, Bank of America has upgraded Angie's List (NASDAQ: ANGI) from Neutral to Buy, and lowered PO from $20 to $18. In the report, Bank of America mentioned, "We believe AL is in the early stages of realizing the benefits of a strengthening network...

Bank of America reiterates its Buy rating on Endo Pharmaceuticals Holdings (NASDAQ: ENDP) and cuts its price objective from $44 to $42. Bank of America notes, "Following ENDP's settlement of Lidoderm litigation with WPI, we moved up our generic timing assumption by roughly 9 months to Sep-13....

In a research report published today, Bank of America has removed Darden Restaurants (NYSE: DRI) from the US 1 list. According to Bank of America, "The US 1 list is intended to represent a collection of our best investment ideas that are drawn from the universe of “BUY” rated US listed stocks (...

According to a research report published this morning, Bank of America has initiated Ramco-Gershenson Properties Trust (NYSE: RPT) with a Neutral rating and $12.25 PO. In the report, Bank of America said, "We initiate coverage on Ramco-Gershenson Properties Trust (RPT) with a Neutral rating and $...

According to a research report published this morning, Bank of America has initiated EverBank Financial Corp. (NYSE: EVER) with a Buy rating and $14 PO. In the report, Bank of America said, "EVER leverages a national on-line deposit platform to largely fund residential mortgage loans, with a...