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Stock Upgrades: Plain Sailing for Seagate
(INDEXDJX:.DJI) shrugged off the government shutdown to enter
October with a solid increase. Given certain, ahem, incidents in
equities that scarred this month in
, let's hold off on the champagne, however. Then again, maybe not.
After all, Henry
) famously said "history is bunk" and his car company just rode
stellar sales to advance another 1.90%, and on an
iconic date in its, well, history
. Other good gainers included
Buffalo Wild Wings
), which jumped 4.56% after shrugging off an
. It is actually based in Minnesota but
Computer Task Group
), up 10.77% on a
, really does hail from the upstate New York city. Send some shares
hometown politician who may be the only sane member
No top-tier economic data due today, and even if there were, good luck hearing about it thanks to Uncle Sam's shutdown. Corporate earnings announcements are due to include Monsanto ( MON ), Tesco (OTCMKTS:TSCDY), and Texas Industries ( TXI ).
Allstate (ALL): Keefe Bruyette boosts the insurance outfit, famous for its "good hands" ads, to Outperform from Market Perform. Its price objective, previously $54, increases to $62.
Barclays (BCS): The British bank is hoisted to Buy from Hold by its fellow financial firm SociÃ©tÃ© GÃ©nÃ©rale.
Barrick Gold (ABX): Deutsche Bank raises the commodity company to Buy from Hold.
Everest Re (RE): Barclays increases the reinsurance firm to Overweight from Equal Weight.
Global Payment (GPN): GPN gets upgraded to Buy from Neutral at Janney.
Manpower (MAN): Bank of America-Merrill Lynch moves the stock to Buy from Neutral.
Prudential Plc (PUK): The British company - a separate entity from America's Prudential (PRU) - is added to the European Focus List at Credit Suisse.
Seagate Technology (STX): Pacific Crest takes the recently-surging stock to Outperform from Sector Perform.
Tesoro (TSO): The oil refiner is now Buy from Neutral at Citigroup.
(See also: New Stock Coverage: Abercrombie, Out of Detention, Rejoins the 'Cool Kids ' and Stock Downgrades: Wall Street, Why Did U-Turn On Tesla? )