Argus upgrades Tupperware Brands Corporation(NYSE: TUP) to Buy from Hold as it sees the firm's prospects in emerging markets as a driver for earnings. A price target of $72 implies the firm thinks shares are set for a double-digit gain. Shares of the company are up 2%.Oppenheimer reiterates its "Outperform" rating on Gilead Sciences, Inc.(NASDAQ: GILD), saying that the company has a number of under-appreciated opportunities related to its HIV combination treatments. Oppenheimer therefore reckons Gilead will generate more money from those medicines than expected.
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Weatherford International Ltd(NYSE: WFT) is attractive on fundamentals and as an acquisition candidate, Dahlman Rose writes. The firm believes WFT's core product lines, global presence and multinational tax structure would be attractive to a number of companies, and the current stock price could make WFT vulnerable to an unfriendly offer. HAL and GE could be interested. Shares of the company are up 3.17%.
Alcatel Lucent SA (ADR)(NYSE: ALU) is close to naming the i-banks that will handle a €1.4B ($1.8B) debt refinancing, Reuters reports. With Alcatel now sporting just $2.6B in equity and Moody's having downgraded the telecom equipment firm's credit rating to B3, the interest rates will probably be steep. Alcatel has €2.3B in debt maturing over the next 3 years
VeriFone Systems Inc(NYSE: PAY) trades higher by 6% with an upgrade from UBS to Buy helping to lift sentiment. The firm sees broad secular growth in payments boosting VeriFone's profile
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