Premarket roundup: PerkinElmer upgraded, analyst says results could top view; NCR upgraded
By APFriday, February 5, 2010
Premarket roundup: PerkinElmer, NCR
Among the premarket stories for Friday, Feb. 5, from AP Financial News:
— A strong end-of-year performance by medical instrument maker PerkinElmer led one analyst to upgrade its stock, saying the company could top its own expectations in 2010.
— A Baird analyst upgraded shares of NCR Corp. Friday, saying business is improving for the maker of ATMs, checkout scanners and self-serve kiosks.
— An analyst upgraded Best Buy Co. and hhgregg Inc., saying the consumer electronics retailers will likely benefit from new advances in televisions that will increase traffic.
— Four hotel companies have taken adequate steps to deal with the economic downturn, according to an analyst report.
— Bigger corn crops, higher sweetener shipments and growing demand for agribusiness giant Archer Daniels Midland Co.’s soybean products will boost its shares, said a Deutsche Bank analyst as she upgraded the company.
— Strong sales of a schizophrenia drug during the third quarter prompted an analysts to upgrade shares of Alkermes Inc.
