- FBR Capital upgraded JPMorgan (NYSE: JPM) from Market Perform to Outperform with a price target of $70.00 (from $55.00) to reflect a deserved premium to its peers, in the firm’s opinion. MORE
- Stifel Nicolaus upgraded IMAX Corporation (NYSE: IMAX) from Hold to Buy with a price target of $32.00. Analyst Benjamin Mogil states, “This move comes, as we view IMAX at a positive operational inflection point as we expect significant JRSA margin expansion leading to increased operating leverage and EBITDA per screen growth.” MORE
- Morgan Stanley upgraded Baidu