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Monday, August 17, 2009

PreMarket Stock Upgrades August 17, 2009

8/17/09 - Good Morning Everyone - Below is a list of stocks getting upgraded in pre market today. I also listed some hot stock market news.

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Hot Stock News - 8/17/09

CDC Corp. (CHINA) - CDC Global Services Agrees to Acquire Business Intelligence Consulting Company Serving the Healthcare Market

CHINA WIND SYSTEMS (CWSI.OB) - China Wind Systems, Inc. Announces Approval for One-for-Three Reverse Stock Split

Celsion Corp. (CLSN) - Celsion Obtains Supportive FDA Guidance to Company's CMC Submission

Exxon Mobil Corp. (XOM) - ExxonMobil in Bass Strait for decades

Human Genome Sciences Inc. (HGSI) - Human Genome Sciences announced that BENLYSTA met the primary endpoint in BLISS-52, the first of two pivotal Phase 3 trials in patients with serologically active systemic lupus erythematosus. These results show that BENLYSTA has the potential to become the first new approved drug in decades giving hope to people living with systemic lupus. DSG supports HGS on four global Phase 3 studies concurrently, providing data capture and supporting data management through its function rich eCaseLink EDC software

Hoku Scientific, Inc. (HOKU) - Hoku Materials Granted Foreign Trade Zone Status by U.S. Commerce Department


Stock Upgrades - August 17, 2009

Ariad Pharmaceuticals Inc. (ARIA) - Oppenheimer expects ARIA's cancer drug to get approved and is putting a $4 price target on the stock.

ArvinMeritor Inc. (ARM) - Upgraded at B of A - $9 price target

BorgWarner Inc. (BWA) - Upgraded at Bank of America - $40 price target

Cavium Networks, Inc. (CAVM) - Barclays upgrading CAVM with $25 price target

Celldex Therapeutics, Inc. (CLDX) - Merriman is upgrading CLDX to buy as they expect the Curagen deal to close soon

Cliffs Natural Resources Inc. (CLF) - Upgraded at Citigroup with $35 price target

Emergency Medical Services Corp. (EMS) - $52 price target at B of A

EnerNOC, Inc. (ENOC) - Upgraded at JP Morgan with $32.50 price target

First Solar, Inc. (FSLR) - Jefferies reiterates Buy Rating - says Barron's article over weekend was poorly written

Fuqi International, Inc. (FUQI) - Coverage inititated at Cowen

Green Mountain Coffee Roasters Inc. (GMCR) - Upgraded at Bank of America - $72 price target

Lexmark International Inc. (LXK) - Upgraded at B of A - $19 price target

MHI Hospitality Corp. (MDH) - Janney Montgomery raises target price to $5.50

Micron Technology Inc. (MU) - Upgraded at JP Morgan - $10 price target

Merck & Co. Inc. (MRK) - Initiated at B of A - $34 price target

Molex Inc. (MOLX) - Upgraded at B of A - $19 price target

Nanometrics Inc. (NANO) - Upgraded at Oppenheimer - outperform rating

NetSuite, Inc. (N) - Upgraded at Credit Suisse with $18 price target

Pfizer Inc. (PFE) - $20 price target at B of A

Research In Motion Ltd. (RIMM) - Kaufman Bros reiterates Buy Rating

STEC, Inc. (STEC) - Upgraded at Deutsche Bank with $45 price target

TRW Automotive Holdings Corp. (TRW) - Upgraded at Bank of America - $22 price target

VF Corp. (VFC) - Initiated at Piper Jaffray - Price Target $79

Wal-Mart Stores Inc. (WMT) - Upgraded at Rochdale with $65 price target


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