Monday, July 18, 2011

Transocean (RIG) (TCK) (WLT) (SM) (RKT) All Upgraded

Transocean (NYSE: RIG), Teck Resources Limited (NYSE: TCK), Walter Energy (NYSE: WLT), SM Energy (NYSE: SM) and Rock-Tenn Company (NYSE: RKT) upgraded by analysts.

Jefferies (NYSE: JEF) upgraded Transocean (NYSE: RIG) to a

“Buy” rating. They have a price target of $80.00 on the company.

JPMorgan Chase & Co. (NYSE: JPM) upgraded Rock-Tenn Company (RKT) from a “Neutral” rating to an “Overweight” rating. They have a price target of $80.00 on the company.

Wells Fargo & Co. (NYSE: WFC) upgraded SM Energy (SM) from a “Market Perform” rating to an “Outperform” rating.

BMO Capital Markets upgraded Teck Resources Limited (TCK) from a “Market Perform” rating to an “Outperform” rating.

BMO Capital Markets upgraded Walter Energy (WLT) to an “outperform” rating.

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