Upgraded Stocks Today - (NYSE: BXP, WYN)

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Boston Properties, Inc. (NYSE:BXP) climbed 3.77% to $59.41 after Deutsche Bank upgrades Boston Properties (NYSE: BXP) to Buy and price target increased to $69 from $46. Boston Properties, Inc. is an integrated self-administered and self-managed real estate investment trust (REIT), and the owner and developer of office properties in the United States.

Deutsche analyst says, "Re-capitalization has ensured that most REITs will live to fight another day. However, with an industry-avg debt/EBITDA multiple of 8.0x and secured debt still tough to come by, we see few co's as currently possessing the cost of capital advantage and the B/S wherewithal to truly go on offense and take advantage of the acquisition opportunities we see arising over the next 12-18 mos. Having recently completed a $700m bond deal south of 6% and with $1.5b of cash on the B/S and debt/EBITDA of just 6.1x, we think BXP is one of those few co's."

Wyndham Worldwide Corporation (NYSE:WYN) climbed 6.21% to $17.62 after FBR Research upgrades Wyndham Worldwide  to Outperform. Price target $23. Wyndham Worldwide Corporation is a hospitality company engaged in offering individual consumers and business customers a range of hospitality products and services across various accommodation alternatives and price ranges through the portfolio of brands.

FBR analyst says, "Following yesterday's lackluster stock performance (stock is down over 10% from recent highs) despite strong results and an outlook that was much stronger than we expected, we are upgrading our rating on shares of WYN to Outperform. We believe the CEO has done a solid job over the past year of sowing the seeds for a much more focused company (on both revenues and costs plus longer-term vision) than WYN was when it spun out of Cendant three years ago. Additionally, we credit the company with providing a much greater degree of disclosure in its financial statements. More detail is a positive, as it will make it easier for investors who are new to WYN to understand the various business models."

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