Major Stock Upgrades (DLB, ALXN, VVUS, WSO) :by Penny Stock Pick Report

Dolby Laboratories, Inc. (NYSE:DLB) shares jumped 4.14% to $62.57 following the stock Deutsche Bank  upgraded the stock to Buy from Hold  and also lifted the price target by $5 to $75.

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The firm notes, "The stock has underperformed since July (-13% vs. +2% for S&P) around concerns of a TV and PC slowdown. However, secular drivers in Windows 7 and Chinese TVs should more than offset it. The bottom-line is that Dolby has exceeded expectations for over 4 straight years and every once in a while, a buying opportunity exists. We think this is one of them and that growth remains robust. We expect a strong F4Q (Sept) result in early November."

Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) are seeing buying pressure following Bernstein rerated the stock from Market Perform to Outperform.

The median Wall Street price target on the stock is $65 and the high target is set at $75 with majority of analysts have a Strong Buy rating on the company’s stock. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $57.74 and $54.19 respectively.

Shares of ALXN are up 2.40% to $62.66.

Shares of VIVUS, Inc. (NASDAQ:VVUS) are seeing increased buying pressure following Canaccord Genuity upped the company’s rating to “Buy” from “Hold.” The firm also raised the price target by 75% to $10.

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Yesterday, the stock was up over 9% after the Company announced that two year study of QNEXA® has provided positive results.

Shares of VVUS soared 6.23% to $7.16 on very heavier than the average volume.

Shares of Watsco, Incorporated (NYSE:WSO) surged 4% to $57.50 following Oppenheimer  upgraded the stock to Outperform from Perform and set a price target of $70.

Watsco, Inc. (Watsco) is a distributor of air conditioning, heating and refrigeration equipment and related parts and supplies (HVAC/R) in the HVAC/R distribution industry.

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