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Benzinga’s Top Upgrades (SYY, MTB, FST, JASO, MDR, AGU)

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SYSCO Corporation (NYSE: SYY) was today upgraded by Citi from Hold to Buy and has raised the price target of $34 from $28. SYY is now trading at $28.67, 0.7% up. So far in 2009, SYY gained over 24%.

M&T Bank Corporation (NYSE: MTB) climbed 2.59% to $63.02. Today, SunTrust upgraded M&T Bank from Neutral to Buy. The 52-week trading range for MTB is $29.11 - $70.96. So far in the current year, MTB has gained over 9%.

Forest Oil Corporation (NYSE: FST) increased 0.21% to $19.21 after Morgan Stanley upgraded Forest Oil from Underweight to Equalweight. The 52-week trading range for FST is $10.33 - $24.99.

JA Solar Holdings Co., Ltd. (ADR) (NASDAQ: JASO) was today upgraded by Thomas Weisel from Underweight to Market Weight. Now, JASO is down 0.40% to $4.93.

McDermott International (NYSE: MDR) was upgraded by Davenport to Buy with a price target of $27. McDermott is now trading at $22.50, 1.57 % down. So far in the current year, MDR has risen by 127%.

Agrium Inc. (USA) (NYSE: AGU) was also upgraded by BMO Capital from Market Perform to Outperform. AGU is now trading up 0.65% at $60.70. In the last six months, AGU is up over 29%.

 

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