Stocks UP on Upgrade: Lithia Motors, Inc. (NYSE:LAD) & Avery Dennison Corporation (NYSE:AVY)

Lithia Motors, Inc. (NYSE:LAD) rose 5% to $8.46. Today, Bank of America upgraded Lithia Motors from Underperform to Buy with the price target $12.

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Avery Dennison Corporation (NYSE:AVY) jumped 3% to $37.94 after Baird upgraded Avery Dennison from Neutral to Outperform and raised the price target by $5 to $45.

Lithia Motors, Inc., is an operator of automotive franchises and retailer of new and used vehicles and services. As of March 16, 2009, the Company offered 27 brands of new vehicles and used vehicles in 92 stores in the United States and over the Internet.

Avery Dennison Corporation (Avery Dennison) is engaged in the production of pressure-sensitive materials, office products and a variety of tickets, tags, labels and other converted products.