Notable Upgrades: Cenovus Energy Inc. (CVE), McDonald’s Corp. (MCD), Best Buy (BBY), Novartis (NVS), Radian Group (RDN)

Analysts at TD Securities are out with a report this morning upgrading shares of Cenovus Energy Inc. (CVE) with a ‘Buy‘ from ‘Hold‘ rating. Cenovus Energy Inc. shares are currently priced at 22.67x this year’s forecasted earnings, which makes them rather expensive compared to the industry’s 12.65x earnings multiple. Ticker has a forward P/E of […] View the full post at: Notable Upgrades: Cenovus Energy Inc. (CVE), McDonald’s Corp. (MCD), Best Buy (BBY), Novartis (NVS), Radian Group (RDN) Related posts: Insider Selling: Twitter (TWTR) CEO Unloads $5M Worth of Stock CenturyTel and Qwest Merger Off to a Rocky Start