Dallas, TX 12/21/2009 11:32:02 PM
News / Business

Top Upgraded Stocks (DKS, PALM, CYN) : by PennyStockPickReport.com

Upgraded Stocks

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Dick's Sporting Goods, Inc. (NYSE:DKS) surged 4.27% to $24.68 in early session after Wedbush upgraded Dick's Sporting Goods to Outperform and set a $29 price target. So far this year, the stock is up over 67%. Dick’s Sporting Goods, Inc. (Dick’s) is a full-line sporting goods retailer that offers an assortment of brand name sporting goods equipment, apparel, and footwear in a specialty store environment.

Palm, Inc. (NASDAQ:PALM) increased 3.44% to $10.52 after Macquarie upgraded Palm from Neutral to Outperform but, Price target lowered from $15 to $14. Also, Morgan Joseph upgrades Palm, Inc. (Nasdaq: PALM) from Sell to Hold. On Friday, the stock hammered down by 13.23% after Palm reported wider-than-estimated loss. PALM reported a net loss of $81.9 million, or $0.54 a share in its fiscal second quarter. Excluding items, Palm posted a loss of $0.37 a share, which was wider than the analyst forecast for a loss of $0.32 a share.

City National Corporation (NYSE:CYN) rose 8.25% to $44.48 after BMO Capital upgraded City National to Market Perform from Underperform. City National Corporation is a bank and a financial holding company. The Company provides a range of banking, investing and trust services to its clients through its wholly owned banking subsidiary, City National Bank (the Bank).

 

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