genworth financial

UPGRADES: Citigroup upgraded Motorola (NYSE: MOT) from Hold to Buy and lifted their price target from $9 to $10.50.

JPMorgan, Raymond James and RBC upgrade Domtar (NYSE: UFS) to Overweight, Outperform and Top Pick, respectively.

Fox-Pitt upgrades Genworth Financial (NYSE: GNW) from In-Line to Outperform. Price target $15. UBS and Caris upgrade Estee Lauder (NYSE: EL).

Deutsche Bank upgrades Nordstrom (NYSE: JWN) to Buy. Price target $45.

UPGRADES: Goldman Sachs upgrades Foster Wheeler AG (Nasdaq: FWLT) from Neutral to Buy with a $41 price target.

ARGUS upgrades MGM MIRAGE (NYSE: MGM) two-notches from Sell to Buy. The firm also set an $18 price target. Deutsche Bank upgraded Genworth Financial (NYSE: GNW) from Hold to Buy, saying the $600 million equity capital raise further improves holding company liquidity.

The firm raised their price target from $7 to $18.

Shares of Genworth Financial Inc. slid Friday, after the insurer was downgraded by a Citi Investment Research analyst citing deteriorating fundamentals, including a recent run-up in the company's share prices.

Genworth Financial Inc. shares slipped on Friday, a day after the insurer reported worse-than-expected second-quarter results as it was hit by losses in its U.S. mortgage insurance division and investment portfolio.

Genworth Financial Inc. said Tuesday that an initial public offering of 44.7 million shares of its Canadian mortgage insurance operations priced at 19 Canadian dollars ($16.35) per share.

Shares of Genworth Financial Inc. gave ground Friday, the day after the insurer reported a first-quarter loss largely due to subprime mortgage impairments and investment losses.