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.