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Thursday, July 9, 2009

Stock Upgrades July 9, 2009

July 9, 2009 - Here are some upgrades in the stock market today:

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Rigel Pharmaceuticals, Inc. (RIGL) -Big news out of RIGL this morning....the stock is up about 20% - Rigel's R788 Significantly Improves Rheumatoid Arthritis in Phase 2b Clinical Trial

Human Genome Sciences Inc. (HGSI) - Data Published in The New England Journal of Medicine Support Use of Raxibacumab (ABthrax(TM)) for the Treatment of Inhalation Anthrax

Research In Motion Ltd. (RIMM) - Kaufman Bros upgrades RIMM - $79 price target

IntercontinentalExchange, Inc. (ICE) - Pali Capital upgrades ICE after the recent stock slide

Alcoa, Inc. (AA) - Citigroup upgrades AA with a $14 price target - ups estimates

KLA-Tencor Corporation (KLAC) - Soleil upgrades KLAC shares, $32 price target

Goldman Sachs Group Inc. (GS) - Goldman upgraded by Bank of America to buy - $175 price target

CIENA Corp. (CIEN) - Upgraded by JP Morgan

KB Home (KBH) - Credit Suisse moves KBH stock up to Outperform - $13 price target

Siliconware Precision Industrie (SPIL) - Upgraded, Bank of America - Price Target of $7.73

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