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Standard & Poors Equity Analysts Stock Picks 7/9/08

Posted on Thursday, July 10th, 2008 | In Current Market News, Stocks to Watch
Contributed by: CEO Blogger (http://ceoblogger.wordpress.com) -

Standard & Poors analyst Leo Larkin reiterates BUY rating on ALCOA:

a.  improved operating performance of the Iceland smelter and a higher aluminum selling price

b. 12-month target price of $42.

Standard & Poors analyst Michael Souers upgrades OFFICE DEPOT TO BUY:

a. believes shares are well below fair value

b. 12-month target price of 12

c. has sufficient cash on hand to meet working capital and debt obligations, which should enable it to survive the U.S. recession.

Track S&P analysts stock picks at:

http://www.trackthepros.com/categories.php?category_id=382

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About CEO Blogger (http://ceoblogger.wordpress.com)
CEOBlogger helps investors evaluate companies.

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