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Stock Upgrades: Shuffle Up to Buffalo Wild Wings (NASDAQ:BWLD)


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

MINYANVILLE ORIGINAL Search giant Google (GOOG) didn't need no map app to find its way to a fresh all-time summit of $749.38 after gaining 2.10%. No thanks to Apple (AAPL), which went, well, Down Under to the tune of 1.33%.

Snoopy was right in saying "Get Met. It Pays" as MetLife (MET) rose 1.58%, and "It Pays to Discover (DFS)" with its users about to receive $214 million as the credit card company settles charges of deceptive marketing. Superman suffered as an analyst downgrade proved Kryptonite for steel stocks, but Clark Kent lookalike John Thain saw his CIT Group (CIT) surge 5.91%.

Today in economics, the Conference Board's September consumer sentiment survey is expected to tick up at 10:00 a.m. Eastern. In corporate earnings action, quarterly results are due from Carnival Corp (CCL), FactSet Research Systems (FDS), Neogen (NEOG), Synnex (SNX), and Texas Industries (TXI).

Approach Resources (AREX): AREX gets upgraded to Overweight from Neutral at JPMorgan amid an increasingly attractive valuation.

Buffalo Wild Wings (NASDAQ:BWLD): Shares are boosted to Outperform from Sector Perform at RBC Capital, which cites expectations for reduced chicken wing cost. The target is also taken up, to $95 from $81.

Cable/Digital Programming: Time Warner Cable (TWC) and DIRECTV (DTV) are each hoisted to Buy from Hold at Hudson Square Research, which does not expect wireless broadband to be competitive for delivering video.

Safeway (SWY): Shares are upgraded to Outperform from Market Perform at BMO Capital, whose target is $25.

TiVo Inc (TIVO): Lazard Capital takes TIVO, a strong performer yesterday, to Buy from Neutral.

TNT Express (TNTEY): Shares are boosted to Buy from Neutral at Citigroup.

(See also: Stock Downgrades: Time to Check Out of Marriott (NYSE:MAR) and New Stock Coverage: Quantum Jump for LeapFrog (NYSE:LF).)
No positions in stocks mentioned.
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