Benzinga’s Top Upgrades (NOK, ULTA, EQT, OVTI, SIVB)

Nokia Corp NOK was upgraded by MKM Partners from “sell” to “neutral.” NOK’s shares rose 3.82% to $10.33 by 9:25 am. NOK’s earnings grew 186.27% sequentially. Robert W Baird upgraded Ulta Salon Cosmetics & Fragrance Inc ULTA from “neutral” to “outperform.” ULTA’s shares climbed 4.11% to $24.59 by 9:25 am. ULTA’s earnings are expected to grow 55.04% this year. Citigroup upgraded EQT Corp EQT from “hold” to “buy.” EQT’s stock rose 4.04% to $38.89 by 9:25 am. EQT’s trailing-twelve-month gross margins stand at 65.09%. OmniVision Technologies Inc OVTI has been upgraded by Needham from “buy” to “strong buy.” OVTI soared 1.22% to $18.22 by 9:25 am. OVTI’s earnings grew 125.91% sequentially. SVB Financial SIVB was upgraded by Sterne Agee from “neutral” to “buy.” SIVB’s shares surged 4.58% to $45.87 by 9:25 am. SIVB’s sales rose 228.20% sequentially. To see more trading ideas, click here.