Upgrades Come to Financials (AXP, COF, CMA, DFS, LEH, PRSP)

Banking, finance, and taxes

Published: July 1, 2008 7:14 am

These are some of the top analyst calls for the financial services group we have seen in the early hours of trading this Tuesday morning:

American Express (NYSE: AXP) raised to Neutral at UBS.
Capital One (NYSE: COF) raised to Neutral at UBS.
Comerica (NYSE: CMA) raised to Outperform at KBW.
Discover Financial Services (NYSE: DFS) raised to Neutral at UBS
Lehman Brothers (NYSE: LEH) raised to Overweight with $31 target at Morgan Stanley, although this was technically a late-Monday call.
Prosperity Bancshares (NASDAQ: PRSP) raised to Outperform at BMO Capital Markets.

Jon C. Ogg
July 1, 2008

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