Friday, September 2, 2011

Concho (CXO) (SXL) (CELL) (TCAP) (CTSH) (DECK) (CXO) Upgraded

Concho Resources Inc. (NYSE: CXO), SunoCo Logistics Partners LP (NYSE: SXL), Brightpoint Inc (NASDAQ: CELL), Triangle Capital (NASDAQ: TCAP), Cognizant (NASDAQ: CTSH) and Deckers Outdoor (NASDAQ: DECK) upgraded by analysts.

SunoCo Logistics Partners LP (SXL) was upgraded by Wells Fargo & Co. (NYSE:WFC) from an “Underperform” rating to a “Market Perform” rating.

Brightpoint Inc. (CELL) was upgraded by Citigroup (NYSE:C) from a “Hold” rating to a “Buy” rating.

Triangle Capital (TCAP) was upgraded by Ladenburg Thalmann from a “Neutral” rating to a “Buy” rating.

Cognizant (CTSH) was upgraded by Needham & Company from a “Buy” rating to a “Strong Buy” rating. They have a price target of $100.00 on the company.

Deckers Outdoor (DECK) was upgraded by Longbow Research from a “Neutral” rating to a “Buy” rating. They have a price target of $115.00 on the company.

Concho Resources Inc. (CXO) was upgraded by Morgan Keegan from a “Market Perform” rating to an “Outperform” rating. They have a price target of $110.00 on the company, down from $115.00.

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