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Upgrades: DISH, UFS, CS

Nov 02, 2009

Nov 02, 2009 (MarketNewsVideo.com via COMTEX News Network) -- DISH Network (DISH), provider to approximately 13.6 million satellite TV customers, was upgraded today by Bank of America / Merrill Lynch. The firm raised their rating to Neutral from Underperform, and assigned a price target of $21 per share.

Shares of DISH are trading up this morning by over 3.5%.

Domtar Corporation (UFS) (UFS.CA), the largest integrated manufacturer and marketer of uncoated freesheet paper in North America and the second largest in the world based on production capacity, saw its shares upgraded today by JP Morgan. JP Morgan raised its rating to Overweight from Neutral, and assigned a price target of $52 per share.

In morning trading Domtar shares are up nearly eight and three quarters percent.

And Citigroup upgraded shares of Credit Suisse (CS) to Buy from Hold today.

Shares of Credit Suisse are reacting favorably to the upgrade, with shares higher by about 3% so far today.


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