Stock Newsletter on Major Stock Upgrades (LCRY, ETN, KEY, IDA)

LeCROY Corporation (NASDAQ:LCRY) shares rose 3.80% to $8.20 following Stifel Nicolaus upgraded the stock to Buy from Hold  and set a price target of $12.

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LeCroy Corporation (LeCroy) develops, manufactures, sells and licenses oscilloscopes and global communication protocol analyzers. The Company’s oscilloscopes are tools used by designers and engineers to measure and analyze electronic signals in order to develop systems, validate electronic designs and time to market.

Eaton Corporation (NYSE:ETN)  this morning JPMorgan rerated the stock from Neutral  to Overweight and lifted the price target by $23 to $99.

Eaton Corporation (Eaton) is a diversified power management company. The Company is engaged in the manufacturing of electrical components and systems for power quality, distribution and control; hydraulics components, systems and services for industrial and mobile equipment; aerospace fuel, hydraulics and pneumatic systems for commercial and military use

Shares of ETN are up 1.22% to $83.50.

Shares of KeyCorp (NYSE:KEY) Macquarie upped the company’s rating to “Outperform” from Neutral. KeyCorp is a bank holding company and a financial holding company. It is the parent holding company for KeyBank National Association (KeyBank), its principal subsidiary, through which its banking services are provided.

Shares of KEY are up 3.20% to $8.22 on very heavier than the average volume.

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Shares of IDACORP, Inc. (NYSE:IDA) surged 1.81% to $36.57 following KeyBanc upgraded the stock to and set a price target of $38.50.

KeyBanc analyst says, "We are upgrading shares of IDA after looking at certain aspects of the story with fresh eyes. In particular, there are nuances surrounding tax methodologies that we do not feel are fully reflected in the shares. Specifically, the benefit of two deductions will flow to the equity balance of the Idaho utility. Under IDA's existing settlement, the Company essentially has an earnings floor driven by the ability to amortize deferred tax credits to achieve a 9.5% ROE."

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