Notable Upgrades: AbbVie (ABBV), BP p.l.c. (BP), Rackspace Hosting (RAX), Wendy’s (WEN)

Analysts at Morgan Stanley (MS) are out with a report this morning upgrading shares of AbbVie Inc. (ABBV) with an ‘Overweight’ from ‘Equal-Weight’ rating. The name was also added to ‘Conviction Buy List’ at Goldman Sachs (GS). On valuation measures, AbbVie Inc. shares are currently priced at 36.49x this year’s forecasted earnings. Ticker has a […] View the full post at: Notable Upgrades: AbbVie (ABBV), BP p.l.c. (BP), Rackspace Hosting (RAX), Wendy’s (WEN) Related posts: Insider Trading Summary: Notable Transactions (Aug.31-Sept.04) Last Week’s Insider Trading Summary: Notable Purchases/Selling Insider Selling: Twitter (TWTR) CEO Unloads $5M Worth of Stock