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Facebook, Boeing Upgraded; Deutsche Hot on Hershey and Telecom Coverage

Facebook and Boeing get upgrades, Deutsche Bank reiterates their bullish call on Hershey and Sanford Bernstein restarts coverage of telecom companies. Evercore Partners says Facebook's audience network should drive near term growth and they're raising their rating on shares to OVERWEIGHT from EQUAL WEIGHT. Drexel Hamilton is upgrading shares of Boeing to BUY from HOLD with a $153 price target. Drexel says they are seeing potential new catalysts that could be positive for the airplane maker in 2015. Deutsche Bank is reiterating its BUY rating on shares of Hershey saying the candy maker is well positioned to grow 3-4% in the U.S. market this year. Sanford Bernstein is restarting coverage of AT&T, T-Mobile, Verizon and Sprint after analyst Craig Moffett's departure in early 2013.