Bank Analysts Upgraded Ratings on These Stocks Today

Following is information on companies whose shares have been upgraded by stock analysts today:

  • True Religion (NASDAQ:TRLG): Caris & Company upgraded its rating on these shares from Above Average to Buy and changed its price target from $35 to $38.  About the company: True Religion Apparel, Inc. designs, manufactures, markets, distributes, and sells through its wholly-owned subsidiary Guru Denim, Inc under the True Religion Brand Jeans trademarks. The Company sells its jeans in the United States and abroad to upscale retailers and boutiques. This includes Nordstrom (NYSE:JWN), Bloomingdales, Bergdorf Goodman, Urban Outfitters (NASDAQ:URBN) and other fashion boutiques.
  • Novatel Wireless (NASDAQ:NVTL): Brigantine upgraded its rating on these shares from Hold to Buy and changed its price target to $6.  About the company: Novatel Wireless, Inc. provides wireless data communications access solutions. The Company provides wireless data modems and software for use with handheld computing devices and portable personal electronics. Novatel also offers provisioning, activation, and systems integration services to its customers to facilitate use of its products.
  • Lorillard (NYSE:LO): Stifel Nicolaus upgraded its rating on these shares from Hold to Buy and changed its price target to $122.  About the company: Lorillard, Inc. manufactures and sells cigarettes. The Company produces cigarettes for both the premium and discount segments of the domestic cigarette market for sale to distributors and retailers in the United States.
  • Highwoods Prop (NYSE:HIW): Stifel Nicolaus upgraded its rating on these shares from Hold to Buy and gave a price target of $38.  About the company: Highwoods Properties, Inc., with its operating partnership and subsidiaries, develops, manages, leases and acquires suburban office and industrial properties. Highwoods has expanded into markets throughout the southeastern and midwestern United States.
  • Altria (NYSE:MO): Stifel Nicolaus upgraded its rating on these shares from Hold to Buy and gave a price target of $29.  About the company: Altria Group, Inc. is a holding company. The Company, through subsidiaries, manufactures and sells cigarettes and other tobacco products, including cigars and pipe tobacco. Altria holds an interest in a brewery company.
  • EV Energy (NASDAQ:EVEP): Oppenheimer upgraded its rating on these shares from Perform to Outperform and gave a price target of $85.  About the company: EV Energy Partner LP explores for oil and natural gas.
  • Whiting Petroleum (NYSE:WLL): Ticonderoga upgraded its rating on these shares from Neutral to Buy and changed its price target to $65.  About the company: Whiting Petroleum Corporation is involved in oil and natural gas exploitation, acquisition, and exploration activities. The Company focuses on lower risk, long-lived oil and natural gas properties located primarily in the Gulf Coast/Permian Basin, Rocky Mountains, Michigan, and Mid-Continent regions of the United States.
  • CryoLife (NYSE:CRY): The Benchmark Company upgraded its rating on these shares from Hold to Buy and gave a price target of $6.5.  About the company: CryoLife, Inc. cryopreserves viable human tissues for cardiovascular, vascular, and orthopedic transplant applications. The Company develops and commercializes additional implantable products and single-use medical devices. CryoLife develops bioprosthetic cardiovascular devices, including novel design stentless porcine heart valves marketed in Europe.
  • RTI Biologics (NASDAQ:RTIX): The Benchmark Company upgraded its rating on these shares from Hold to Buy and gave a price target of $4.  About the company: RTI Biologics, Inc. processes human and animal musculoskeletal tissues in producing allograft and xenograft implants. The Company’s products are used by surgeons to repair bone and other tissue defects, such as vertebrae repair, musculoskeletal reconstruction, fracture repair, joint repair and reconstruction for sports medicine injuries.
  • Hill-Rom (NYSE:HRC): Morgan Keegan upgraded its rating on these shares from Mkt Perform to Outperform and changed its price target from $48 to $45.  About the company: Hill-Rom Holdings, Inc. manufactures equipment for the healthcare industry, and provides wound care and pulmonary/trauma management services. The Company produces hospital beds, mattresses, stretchers, furniture and hospital information technology systems; and offers wound, circulatory and pulmonary therapies.
  • Whiting Petroleum (NYSE:WLL): Morgan Keegan upgraded its rating on these shares from Mkt Perform to Outperform and changed its price target to $73.  About the company: Whiting Petroleum Corporation is involved in oil and natural gas exploitation, acquisition, and exploration activities. The Company focuses on lower risk, long-lived oil and natural gas properties located primarily in the Gulf Coast/Permian Basin, Rocky Mountains, Michigan, and Mid-Continent regions of the United States.
  • PACCAR (NASDAQ:PCAR): McAdams Wright Ragen upgraded its rating on these shares from Hold to Buy and changed its price target to $60.  About the company: PACCAR Inc designs, develops, manufactures, and distributes light-, medium-, and heavy-duty trucks, and related aftermarket distribution of parts. The Company also offers finance and leasing services to its customers and dealers.

(Note: Data on stock ratings is sourced from here.  All data are assumed to be accurate.)

Advantage: Check out our interactive stock charts, fundamentals, Twitter stream, and more >>

Improve Your 2011 Financial Health: Join the winning team of stock pickers with Wall St. Cheat Sheet’s acclaimed premium newsletter >>