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Joy Global (JOYG) Shares Rallying Amid UBS Upgrade

January 13, 2010 8:40 AM EST
JOYG Hot Sheet
Rating Summary:
    1 Buy, 1 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
Shares of Joy Global (Nasdaq: JOYG) are trading higher this morning as an analyst at UBS raised his investment rating on the stock from Neutral to Buy. The firm also lifted its price target from $62 to $70.

The stock last traded at $58.80, up 2.8% from yesterday's close. UBS' new price target represents potential upside of about 19% from where the stock is trading today.

Visit our Analyst Ratings page to see all the upgrades/downgrades on shares of Joy Global.

Joy Global Inc. engages in the manufacture and servicing of mining equipment for the extraction of coal, copper, iron ore, oil sands, and other minerals worldwide.

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