Benzinga’s Top Upgrades (RS, ABB, STI, NOK)

Reliance Steel & Aluminum RS was upgraded by JP Morgan from "neutral" to "overweight." RS’ shares closed at $39.10 yesterday. Reliance Steel & Aluminum’s quarterly earnings jumped 119.37% y/y. Societe Generale upgraded ABB Ltd ABB from "sell" to "hold." ABB’s shares closed at $19.57 yesterday. ABB’s trailing-twelve-month gross margin is 29.48%. Wells Fargo Securities upgraded SunTrust Banks Inc STI from "underperform" to "market perform." STI’s shares closed at $24.58 yesterday. SunTrust Banks’ earnings are likely to grow by 176.30% in the next year. Analysts at Wunderlich upgraded Nokia Corporation NOK from "hold" to "buy." NOK’s shares closed at $9.17 yesterday. Nokia’s quarterly earnings soared 186.27% y/y. More Analyst Ratings here