janney montgomery scott

UPGRADES Bernstein lifts Citi (NYSE: C) from Market Perform to Outperform, maintaining its $5.75 price target.

Janney Montgomery Scott upgrades MGM Mirage (NYSE: MGM) from Sell to Neutral, increasing its price target from $12 to $14. Click Here for more color.

UPGRADES Credit Suisse raises Ford Motor Co.

(NYSE: F) from Underperform to Neutral, boosting their price target from $17 to $18. Click Here for more color.

Janney Montgomery Scott lifts Cheesecake Factory (Nasdaq: CAKE) to Buy, modestly increase their price target from $33 to $34.

UPGRADES RBC Capital upgrades Aeropostale, Inc.

(NYSE: ARO) from Sector Perform to Outperform and a price target increased 4.8% from $21 to $22. Janney Montgomery Scott upgraded BB&T Capital (NYSE: BBT) from Neutral to Buy, their price target increased from $30 to $33. Click Here for more color.

UPGRADES Goldman Sachs upgrades Anheuser-Busch InBev (NYSE: BUD) from Neutral to Buy, boosting their price target to €56.7 .

Craig-Hallum lifts LSI Corporation (NYSE: LSI) from Accumulate to Buy, with a price target increased from $6.50 to $8.25.

Evercore Partners raises JDS Uniphase (Nasdaq: JDSU) from Equalweight to Overweight, with a $24 price target. Credit Agricole upgrades Cree (Nasdaq: CREE) from Underperform to Outperform, increasing its price target from $50 to $55.

UPGRADES J.P. Morgan raises Texas Instruments (NYSE: TXN) from Neutral to Overweight, boosting their price target from $27 to $44.

Piper Jaffray upgrades SINA Corporation (Nasdaq: SINA) from Neutral to Overweight, increasing their price target 30.5% from $82 to $107.

Evercore Partners upgrades Yahoo! (Nasdaq: YHOO) from Equalweight to Overweight, maintaining a $22 price target.

Janney Montgomery Scott upgraded Peet's Coffee & Tea (Nasdaq: PEET) from Neutral to Buy, with a $57 fair value.

• Community Bank System, Inc. (NYSE: CBU) and The Wilber Corporation (AMEX: GIW) announced that they have entered into an agreement whereby Community Bank will acquire The Wilber Corporation for $101.8 million in Community Bank System stock and cash, or $9.50 per share.
  
  The transaction is expected to close in early 2011. Janney Montgomery Scott LLC served as financial advisor to Community Bank System; Sandler O’Neill + Partners, LP served as financial advisor to The Wilber Corporation with Austin Associates, LLC providing a fairness opinion.

UPGRADES BofA/Merrill Lynch upgrades Amazon.com (Nasdaq: AMZN) from Neutral to Buy and raised their price target from $176 to $190.

Netflix (Nasdaq: NFLX) lifted by several firms today:

• Janney Capital Sell to Neutral with a $145 fair value on the shares.

UPGRADES Jefferies upgrades Callon Petroleum Co.

(NYSE: CPE) from Underperform to Hold. Endo Pharmaceuticals (Nasdaq: ENDP) upgraded by two today:

• Citi from Hold to Buy with a price target increased from $28 to $40; and
• Oppenheimer from Perform to Outperform, with a price target of $40.

Longbow Research upgrades Steelcase (NYSE: SCS) from Neutral to Buy, with an $11 price target.

BofA Merrill upgrades Siliconware Precision (Nasdaq: SPIL) from Underperform to Buy.

Feb. 26 -- Guy Lebas, fixed-income strategist and economist at Janney Montgomery Scott LLC, talks with Bloomberg's Betty Liu about today's announcement by the Commerce Department that fourth-quarter gross domestic product expanded at a 5.9 percent annual rate.

UPGRADES: Pali Research upgrades News Corporation (NASDAQ: NWSA) from Sell to Neutral. Click Here for more color.

Deutsche Bank upgrades Unum (NYSE: UNM) from Hold to Buy. Price target increased from $25 to $26.