Notable Analyst Stock Upgrades (ARBA, LNCR, AONE)

J.P. Morgan today upgraded Ariba Inc. (NASDAQ: ARBA) from Neutral to Overweight rating, citing the company’s strong growth prospects in 2011. The price target for the Ariba stock has been raised from $5 to $20.

Subscribe to daily free stock newsletter by visiting:  http://www.pennystockpickreport.com/

Shares of Ariba Inc. are up 1.08% to $16.82 today. The stock opened at $17.28 and reached a 52-week high of $17.74 on above average volume of 1.07 million. The stock has a 50-day moving average of $16.88 and a 200-day moving average of $12.77. The support level for the stock is at $15.63, while the resistance level is at $17.07. The consensus rating on the stock is Outperform.

Sunnyvale, California-based Ariba Inc. provides on-demand spend management solutions.

Deutsche Bank today upgraded Lincare Holdings Inc. (NASDAQ: LNCR) from Hold to Buy rating. The price target for the Lincare Holdings Inc. has been raised from $35 to $37.

Shares of Lincare Holdings Inc. are up 8.32% to $33.32 today. The stock opened at $31.98 and reached a high of $33.30 on above average volume of 2.54 million. The stock has a 52-week range of $13.88-$33.45. It has a 50-day moving average of $31.25 and a 200-day moving average of $26.08. The consensus rating on the stock is Outperform.

Clearwater, Florida-based Lincare Holdings Inc. provides oxygen and other respiratory therapy services to patients in home.

Subscribe to daily free stock newsletter by visiting:  http://www.pennystockpickreport.com/

Pacific Crest today upgraded A123 Systems Inc. (NASDAQ: AONE) from Sector Perform to Outperform rating. The price target for the A123 Systems Inc. stock has been set at $12.

Shares of A123 Systems Inc are up 3.85% to $8.90 today. The stock opened at $8.87 and reached a high of $9.08 on volume of 1.48 million. The stock has a 52-week range of $7.50-$28.20. It has a 50-day moving average of $10.48. The consensus rating on the stock is Outperform.

Watertown, Massachusetts-based A123 Systems Inc. is a designer, developer, manufacturer and seller of rechargeable lithium-ion batteries and batteries systems.

About http://www.pennystockpickreport.com/

Penny Stock Pick Report offers stock newsletter on OTC, PINKSHEETS ,OTCBB, AMEX, NASDAQ and NYSE stock exchange. Our subscribers receive daily up to date stock information on hot stocks, most active movers, top gainers, penny stocks and much more. If you wish to feature your organization on our website then you can contact us at the email given below.