This morning, Bank of America upgraded shares of American Airlines (NASDAQ:AAL) from underperform to neutral as the debt refinancing will free up cash flow. In the report, Bank of America set a $34 price target on the stock. Shares of American Airlines were higher on Wednesday, gaining 2.8% so far.
Credit Suisse upgraded shares of Carrizo Oil (NASDAQ:CRZO) from underperform to neutral as oil growth potential is improving. In the report, Credit Suisse set a $45 price target. Shares of Carrizo Oil were higher by 1.4% today.
And BMO Capital upgraded shares of Illinois Tool Works (NYSE:ITW) to an outperform rating as the company can continue to growth through 2014. Credit Suisse set a $100 price target on the stock which amounts to 25% upside from the current price. Shares of ITW were higher by 0.5% today.
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