Stillwater Mining (SWC +3.8%) is upgraded to Overweight from Neutral with a $19 price target...

|About: Stillwater Mining Company (SWC)|By:, SA News Editor

Stillwater Mining (SWC +3.8%) is upgraded to Overweight from Neutral with a $19 price target (from $14) at J.P. Morgan on improving palladium fundamentals as Russian supplies fall and demand for diesel autocatalysts rises. With Europe likely to move to new emission standards by 2014, the firm expects manufacturers to switch to a more cost effective mix that would lift palladium demand.