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Stock Upgrades: Las Vegas Sands Is in Luck


Wall Street ratings agencies set the tone for today's stock market.

MINYANVILLE ORIGINAL Steinway Musical Instruments (LVB), whose ticker symbol is a loving testament to Ludwig van Beethoven, rose 5.39%. (Here's hoping Europe was long the stock. After all, in a sign that the continent hasn't lost a sense of humor, its official anthem is the German composer's "Ode to Joy.") US Airways Group (LCC) gained 7.84% even as it became depressingly official that current college freshmen have never seen an airline ticket. Simpson Manufacturing (SSD) bucked a down day to climb 2.41%, but don't expect a check in the mail any time soon.

Today in economics, petroleum inventories are out at 10:30 a.m. Eastern, with minutes to the Federal Open Market Committee's July 31-August 1 meeting released at 2:00 p.m. In earnings action, American Eagle Outfitters (AEO), Bank of China (BACHY), Diageo (DEO), Eaton Vance (EV), Guess (GES), Hewlett-Packard (HPQ), Krispy Kreme Doughnuts (KKD), Pacific Sunwear of California (PSUN), and Toll Brothers (TOL) are all due to report results.

Canadian Solar (CSIQ): Shares are now Neutral from Sell at Lazard Capital amid impressive operational execution.

Cemex (CX): The Mexican cement maker is surging some 6% before the bell on an upgrade to Outperform from Neutral at Credit Suisse, whose target is taken up to $10.

CenterPoint Energy (CNP): Shares are upgraded to Outperform from Market Perform with Wells Fargo, which views valuation as attractive.

Las Vegas Sands (LVS): LVS gets lifted to Outperform from In-line at Imperial Capital.

Lufkin Industries (LUFK): Citgroup adds the name to its Top Picks Live list.

Roche (RHHBY): Citing its differentiated portfolio among other favorable factors, JPMorgan moves the pharmaceutical firm to Overweight from Neutral.

(See also: Stock Downgrades: Best Buy Goes From Bad to Worse and New Stock Coverage: Del Frisco's Steaks Its Claim.)
No positions in stocks mentioned.
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