Benzinga’s Top Upgrades (AEO, GSK, IP, PKG)

American Eagle Outfitters AEO was upgraded by Jefferies from “hold” to “buy.” AEO’s shares closed at $12.68 yesterday. American Eagle Outfitters’ earnings are likely to grow by 16.98% next year. Barclays Capital upgraded GlaxoSmithKline plc GSK from “equal weight” to “overweight.” GSK’s shares closed at $34.28 yesterday. GlaxoSmithKline’s trailing-twelve-month gross margin is 73.94%. Longbow Research upgraded International Paper Company IP from “neutral” to “buy.” Shares of IP closed at $23.02 yesterday. International Paper’s earnings may grow by 151.39% this year. Analysts at Longbow Research upgraded Packaging Corporation of America PKG from “neutral” to “buy.” PKG’s shares closed at $21.50 yesterday. Packaging Corporation of America’s earnings are likely to rise by 98.44% this year. More Analyst Ratings here