JPMorgan Upgrades Reynolds American (RAI) to Neutral Intraday

November 17, 2009 2:56 PM EST

JPMorgan has upgraded shares of Reynolds American (NYSE: RAI) from Underweight to Neutral mid-day.

Traders are cheering the mid-day note and bidding up RAI shares by almost 30 cents. Volume has surged minutes after the note.

To stay up-to-date on all the upgrades/downgrades on shares of Reynolds American, visit our Analyst Ratings page.

Reynolds American Inc., through its subsidiaries, manufactures cigarettes and other tobacco products in the United States.


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