UPDATE: Bank of America Upgrades Rogers Communications to Buy on Positive Outlook
July 26, 2013 at 09:20 AM EDT
In a report published Friday, Bank of America analyst Glen Campbell upgraded the rating on Rogers Communications (NYSE: RCI ) from Neutral to Buy, but lowered the price target from $48.00 to $44.25. In the report, Bank of America noted, “We are upgrading RCI to Buy after 1) a steep