Stock Upgrades: Unilever N.V. Flies High on the Wings of Dove

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Amid revolution in Egypt, denial proved profitable for American equities. Wall Street decoupled from a widening crisis in Cleopatra country to end up modestly in Wednesday's truncated trading session. Ahead of July 4 barbecues, it was "south of the border"-flavored stocks that instead gave investors the most food for thought. A venerated Chipotle Mexican Grill ( CMG ) jumped 3.38% to top the S&P 500 Index (^GSPC) and Taco Bell owner Yum Brands ( YUM ) advanced 1.46%, honesty proving its own reward for the company's customers who returned $3,600 erroneously included in a takeout bag . Meanwhile a central banker nicknamed "Chili con Carney" sent UK stocks surging yesterday with a market-friendly interest rate announcement . And on the eve of the highest calorie day of 2013 , gym giant Nautilus ( NLS ) kept fiscally fit by gaining 3.33% to a fresh 52-week peak. This as an iron-pumping octogenarian Supreme Court member tipped the scales of justice firmly in her favor to embarrass couch potatoes everywhere.


Samsung Electronics ( SSNLF ) released its results earlier today, in an otherwise quiet session for earnings announcements. Alcoa ( AA ) will unofficially usher in Q2 reporting season after the closing bell on Monday.

African Barrick Gold Ltd (ABGLY): Shares are now Buy from Reduce at Nomura.

Apache Corporation (APA): As oil heads inexorably higher on tumult in Egypt, Argus upgrades the energy firm to Buy from Hold. The target price is $95.

Buffalo Wild Wings (BWLD): BWLD gets boosted to Buy from Hold at Miller Tabak, which also increases its price objective to $117 from $98. Record wing supplies and reduced corn feed prices each augur well, in the broker's view.

Lloyds Banking Group PLC (LYG): Nomura boosts the British financial firm to Buy from Reduce, sending it up about 1.8% as I write.

Mediaset (ADR) (MDIUY): The media empire controlled by embattled ex-Italian Prime Minister Silvio Berlusconi is increased to Buy from Hold at Kepler Chevreux.

Pandora A/S (PNDZY): HSBC Securities hoists the Danish jeweler, already up about 50% this year, to Overweight from Neutral.

Randgold Resources Ltd. (GOLD): The commodity company gets raised to Neutral from Reduce at Nomura.

SABMiller plc (ADR) (SBMRY): Société Générale gives the brewing giant, among whose other offerings are Grolsch, Peroni, and Pilsner Urquell, a boost to Buy from Hold.

Seadrill Ltd (SDRL): The stock is now Buy from Neutral at Bank of America-Merrill Lynch, which highlights its impressive dividend yield among other favorable factors. Shares are, accordingly, up about 2% at present.

SKY DEUTSCHLAND AG (SKDTY): Shares in the TV firm are up move than 4% at a half-decade high in today's European trading after being upgraded to Conviction Buy at Goldman Sachs. Merger potential and strong subscriptions are each cited as catalysts.

Unilever N.V. (UN): The consumer products giant, whose myriad brands include Axe, Ben & Jerry's, Dove, Lipton, and Vaseline, is moved to Buy from Hold at Société Générale.

Zoetis Inc (ZTS): Bank of America-Merrill Lynch moves the animal health outfit, a spin-off from Pfizer Inc. (PFE), to Buy from Neutral.

(See also: Stock Downgrades: Dull Ache at Heineken Holding NV, Home of 'The Most Interesting Man in the World.' )



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.




This article appears in: Investing , Stocks

Referenced Stocks: AA , CMG , NLS , SSNLF , YUM

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