By: Benzinga
January 04, 2013 at 09:49 AM EST
UPDATE: J.P. Morgan Upgrades Tower International to Neutral, Raises PT
In a report published Friday, J.P. Morgan & Co. upgraded its rating on Tower International (NYSE: TOWR ) from Underweight to Neutral, and raised its price target from $8.50 to $11.50. J.P. Morgan noted, “We upgrade shares of Tower International (TOWR) to Neutral from Underweight, on modest valuation and after
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