DA Davidson Upgrade Lifts Shares of Ameron (AMN) by ~9%

November 11, 2009 1:18 PM EST

Shares of Ameron (NYSE: AMN) gapped sharply higher this morning on the back of a D.A. Davidson upgrade. After opening about 5% higher than yesterday's close, the stock has continued moving higher and most recently traded at $66.80, now up 8.6%, or about $5.30, for the session.

The firm raised its investment rating on Ameron to Buy.

Ameron International Corporation, together with its subsidiaries, manufactures and sells engineered products and materials for the chemical, industrial, energy, transportation, and infrastructure industries from its plants in North America, South America, Europe, and Asia.


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