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Below are interesting stocks on the NASDAQ and NYSE that were upgraded on October 29, 2009.
Sierra Wireless Inc (NASDAQ: SWIR) was upgraded by Jefferies from “underperform” to “hold.” The integration of the Wavecom acquisition is progressing better than expected. SWIR shares are trading at a price significantly short of their 52-week high of $10.95.
Boston Properties Inc (NYSE: BXP) was upgraded by Deutsche Bank from “hold” to "buy." BXP’s occupancy levels are better than expected. BXP shares have declined by 14.26% over the past 52 weeks.
Wyndham Worldwide Corporation (NYSE: WYN) was upgraded by FBR Capital from “market perform” to “outperform.” WYN has the PEG ratio of 0.67.
Urban Outfitters Inc (NASDAQ: URBN) was upgraded by UBS from “neutral” to “buy.” URBN shares are likely to benefit from an increase in demand for methanol.
Buffalo Wild Wings (NASDAQ: BWLD) was upgraded by Raymond from “underperform” to “market perform.” BWLD shares are trading at a price significantly short of their 52-week high of $44.80.