Dallas 9/9/2010 11:21:33 PM
News / Business

Major Stock Upgrades (TEVA, TIN, STXS, WBD) : by Penny Stock Pick Report

Stock Upgrades

Teva Pharmaceutical Industries Ltd (ADR) (NASDAQ:TEVA) shares climbed 0.13% to $54.21 following the stock was upgraded by Oppenheimer to “Outperform” from “Market Perform.”  The firm also set a price target by of $65.

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Teva Pharmaceutical Industries Limited (Teva) is a global pharmaceutical company that develops, produces and markets generic drugs covering all treatment categories. The Company has a pharmaceutical business, whose principal products are Copaxone for multiple sclerosis and Azilect for Parkinson’s disease, respiratory products and women’s health products.

 

Shares of Temple-Inland, Inc. (NYSE:TIN) are seeing increased buying pressure following Goldman Sachs upped the company’s rating to “Buy” from Neutral. Price target had been raised by $2 to $26.

The firm cited EPS leverage to higher containerboard prices, recent underperformance, strong free cash flow generation in 2011, and compelling valuation at 3.8X their 2011 EBITDA estimate.

Shares of TIN climbed 2.60% to $18.96 on very heavier than the average volume.

Temple-Inland Inc. manufactures corrugated packaging and building products, which the Company considers as two separate operating segments. The Company’s vertically integrated corrugated packaging operation includes seven mills and 63 converting facilities.

 

Shares of Stereotaxis, Inc. (NASDAQ:STXS) are seeing increased buying pressure following Needham & Company upped the company’s rating to “Buy” from Hold. Price target had been set at $5.50.

Needham analyst says, "We are convinced that robotic navigation surgery will become the standard of care for treatment of complex arrhythmias. Our channel checks have consistently shown a high interest in using robotic navigation for mapping and ablation procedures. STXS is aggressively attempting to improve catheter utilization rates by addressing their internal sales team and efforts as well as establishing a network of key opinion leaders in the U.S. to serve as advanced trainers for magnetic navigation, much like they had done previously in Europe."

Shares of STXS climbed 5.54% to $4 on very heavier than the average volume.

 

Shares of Wimm-Bill-Dann Foods OJSC (ADR) (NYSE:WBD) surged 1.50% to $19.96 following J.P. Morgan upped the company’s rating to “Overweight” from “Neutral.”

Wimm-Bill-Dann Foods OJSC (WBD) is a Russian manufacturer of dairy and juice products. The Company’s operations are organized into three segments: dairy, beverages and babyfood.

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