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Stock Upgrades: Mad Men Happy at Lamar Advertising (NASDAQ:LAMR)

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

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MINYANVILLE ORIGINAL Time Warner Cable (TWC) ended the week at a multi-year peak after an analyst upgrade. Its shares continue to journey inexorably on towards Pluto, albeit without any assistance from the captain of the USS Enterprise. Call Me Maybe? Carly Rae Jepsen is already learning that is a tough act to follow, and if a Senator has his way it'll be Call Me Never for telemarketers. Investors had no hang-ups on the top-performing telecom sector however, sending phone stock Sprint (S) up another 7.4%.

No top-tier economic data due today but quarterly earnings announcements are expected out of Comtech Telecommunications (CMTL), Lennar (LEN), Paychex (PAYX), Red Hat (RHT), and Thor Industries (THO).

Allergan (AGN): Crédit Agricole boosts the Botox maker to Outperform from Underperform based on 2013 pipeline catalysts and reduced competitive pressures. The target is also taken up by $5, to $103.

Body Central (BODY): BODY is boosted to Outperform from Perform with a $19 price objective at Oppenheimer.

Canadian National Railway (CNI): Shares are upgraded to Buy from Hold at TD Securities based on valuation.

Cooper Tire & Rubber (CTB): The stock is hoisted to Buy from Hold at Deutsche Bank as the expiration of the Chinese tariffs could be more favorable than previously expected.

Green Dot (GDOT): GDOT gets upgraded to Neutral from Reduce at SunTrust.

Heineken (HINKY): Shares, up 9.1% last week, are boosted to Buy from Hold at Deutsche Bank.

KapStone Paper & Packaging (KS): The stock is upgraded to Overweight from Equal Weight at Stephens.

Lamar Advertising (NASDAQ:LAMR): Shares are upgraded to Outperform from Market Perform at Wells Fargo, which cites potential upside from the company's REIT structure.

LyondellBasell (LYB): LYB is lifted to Outperform from Underperform at Crédit Agricole amid rising polyethylene prices. The new target is $60, up from $39.

Packaging Corp (PKG): Shares are upgraded to Outperform from Market Perform at BMO Capital.

PVH Corp. (PVH): The fashion firm formerly known as Phillips-Van Heusen is upgraded to Overweight from Neutral at Piper Jaffray.

Questar (STR): Shares are now Buy from Neutral at UBS.

Rockwell Collins (COL): COL is upgraded to Buy from Hold at KeyBanc amid achievable 2013 guidance.

Rubicon (RBCN): RBCN gets raised to Neutral from Sell at Goldman Sachs.

ViroPharma (VPHM): Shares are moved to Outperform from Market Perform at Wells.

(See also: Stock Downgrades: Double Trouble for Darden Restaurants (NYSE:DRI) and New Stock Coverage: Sally Beauty (NYSE: SBH) Pretty as a Peach.)
No positions in stocks mentioned.
The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

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