Street Insider 4 weeks ago

Wells Fargo Upgrades Ceradyne (CRDN) to Market Perform; XSAPI Thesis Confirmed

Wells Fargo upgrades Ceradyne, Inc. (Nasdaq: CRDN) from Underperform to Market Perform. Valuation range increased to $15-$17 from $14-$16. Full Article at Street Insider

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  1. David Rader of Wells Fargo, left, participates with members of the money lending industry during the Small Business Financing Forum, Wednesday, Nov. 18, 2009, at the Treasury Department in Washington. At right is Steve Steinour of Huntington Bank.
  2. NEW BRUNSWICK, NJ - MAY 28: Job seekers speak to recruiters at the Wells Fargo stand at the New Jersey Collegiate Career Day hosted by Rutgers University on May 28, 2009 in New Brunswick, New Jersey. Over 150 employers attended the fair aimed at experienced and entry level candidates.
  3. SAN FRANCISCO - MAY 04: A pedestrian walks by the Wells Fargo headquarters May 4, 2009 in San Francisco, California. Regulators have notified Wells Fargo Bank that it might need to firm up its finances after a government 'stress test' showed that the bank might not survive if the recession deepens.
  4. SAN FRANCISCO - APRIL 23: California attorney general Jerry Brown (L) speaks during a press conference where he announced a lawsuit he filed against Wells Fargo affiliates April 23, 2009 in San Francisco, California.
  5. CHICAGO - APRIL 09: A Wells Fargo sign hangs above the entrance of a Wells Fargo home mortgage office on April 9, 2009 in Chicago, Illinois. Wells Fargo & Co said it expects to post a record $3 billion first-quarter profit exceeding analysts' expectations.
  6. Bank of America CEO Ken Lewis (C) speaks to the press at the White House in Washington, DC on March 27, 2009 after a meeting of the heads of the country's largest banks with US President Barack Obama, as John Stumpf (L), CEO of Wells Fargo bank, Freddie Mac CEO John Koskinen (2nd) and Richard Dav...
  7. John Mack (2nd R), CEO of Morgan Stanley, testifies alongside Robert Kelly (L), CEO of Bank of New York; on the use of Troubled Asset Relief Program (TARP) funds before the House Financial Services Committee at the US Capitol in Washington, DC, February 11, 2009.
  8. SAN FRANCISCO - OCTOBER 03: A pedestrian walks by a Wells Fargo bank branch October 3, 2008 in San Francisco, California.
  9. A Wachovia branch bank is shown in Manhattan on October 3, 2008.

Cast of Characters

  1. NASDAQ NASDAQ
  2. NYSE NYSE
  3. Citigroup Citigroup
  4. Wells Fargo Wells Fargo
  5. Motorola, Inc. Motorola, Inc.
  6. AK Steel Holding