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The Upgrades: Safeway, The Gap and Google

Submitted by WSN_Staff on Fri, 10/16/2009 - 13:51.
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Upgrades.jpg

Safeway Inc. (NYSE:SWY) was blessed with two upgrades today, one coming from BB&T Capital Markets and the other from Kevin Dann.  Both analysts upgraded to a BUY and set a price target of $27.  The stock is now trading up +1.6% to $23.19, which is just off from its 52-week high of $24.32.

SWY-Chart

Caris & Company boosted The Gap Inc. (NYSE:GPS) slightly by upgrading to a BUY from ABOVE AVERAGE.  The Gap is currently trading up +1% at $23.04 which is right at the 52-week high of $23.11 set just in the past few days.

GPS-Chart

Not only did Google Inc. (NASDAQ:GOOG) surprise analysts, but Benchmark upgraded them from HOLD to BUY and the stock is setting a new 52-week high.  It is trading at $551 and change, which is +4% from the previous day’s close.

GOOG-Chart

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