Covanta (CVA) Shares Surge as Barclays Upgrades to Overweight Amid Dividend, Buyback News

March 5, 2012 12:44 PM EST
Get Alerts CVA Hot Sheet
Price: $20.26 --0%

Rating Summary:
    9 Buy, 9 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 10 | Down: 18 | New: 20
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Shares of Covanta (NYSE: CVA) are rallying sharply Monday afternoon as Barclays' Gregg Orrill just upgraded the stock from Equalweight to Overweight.

The intraday call follows news Covanta doubled its quarterly dividend and added $100 million to its buyback program.

For an analyst ratings summary and ratings history on Covanta click here. For more ratings news on Covanta click here.


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