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UPDATE: Macquarie Upgrades Hyatt Hotels
2014 Oct 17, 3:21pmMacquarie upgraded Hyatt Hotels Corporation (NYSE: H) from Neutral to Outperform and raised its price target from $65 to $68. Analysts Chad Beynon and Jeremy Luskin acknowledged "headline macro risks, but believe the growth story – 3-year estimated EBITDA and EPS CAGR of 14 percent...
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Cowen & Company Revises Recommendation On Several Drillers
2014 Oct 17, 12:56pmCowen & Company released a note in which it revised it recommendation on a number of players in oil and natural gas services industry. Since the release of the note, a handful of the stocks experienced huge swings. Upgrades Basic Energy Services, Inc. (NYSE: BAS): Market Perform to...
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Macquarie Adjusts Recommendations On Several Retail Stocks
2014 Oct 17, 11:06amOn Thursday, Macquarie Research analyst Laurent Vasilescu adjusted the investment rating and price targets on multiple retail stocks: Tiffany & Co. (NYSE: TIF) upgraded to Outperform from Neutral; maintained $115 price target. Analysts believe the company will face tailwinds heading into...
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UPDATE: Credit Suisse Upgrades ITC Holdings Corp. Following FERC's ROE Decision
2014 Oct 17, 9:19amIn a report published Friday, Credit Suisse analyst Dan Eggers upgraded the rating on ITC Holdings Corp. (NYSE: ITC) from Underperform to Neutral, and raised the price target from $34.50 to $36.00. In the report, Credit Suisse noted, “We are upgrading ITC to Neutral after FERC's decision to put the...
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Benzinga's Top Upgrades
2014 Oct 17, 9:02am
Credit Suisse upgraded ITC Holdings (NYSE: ITC) from Underperform to Neutral. The price target for ITC Holdings has been lowered from $34.50 to $36. ITC's shares closed at $36.12 yesterday. Analysts at Nomura upgraded AK Steel Holding (NYSE: AKS) from Neutral to Buy. The price target for AK Steel...
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UPDATE: Deutsche Bank Upgrades BorgWarner On Compelling Valuation
2014 Oct 17, 8:47amIn a report published Friday, Deutsche Bank analyst Rod Lache upgraded the rating on BorgWarner Inc. (NYSE: BWA) from Hold to Buy, and raised the price target from $63.00 to $69.00. In the report, Deutsche Bank noted, “BorgWarner's shares have declined in conjunction with the broader Auto/Auto...
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Deutsche Bank Upgrades BorgWarner To Buy
2014 Oct 17, 8:43amAnalysts at Deutsche Bank upgraded BorgWarner (NYSE: BWA) from Hold to Buy. The price target for BorgWarner has been raised from $63 to $69. BorgWarner shares have surged 3.20% over the past 52 weeks, while the S&P 500 index has gained 6.78% in the same period. BorgWarner's shares rose 4.15%...
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Cowen Upgrades Nabors Industries To Market Outperform
2014 Oct 17, 8:17amAnalysts at Cowen & Company upgraded Nabors Industries (NYSE: NBR) from Market Perform to Outperform. The price target for Nabors Industries has been lowered from $31 to $25. Nabors Industries shares have dropped 1.52% over the past 52 weeks, while the S&P 500 index has gained 6.78% in...
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Credit Suisse Upgrades ITC To Neutral
2014 Oct 17, 7:06amCredit Suisse upgraded ITC Holdings (NYSE: ITC) from Underperform to Neutral. The price target for ITC Holdings has been lowered from $34.50 to $36. ITC shares have surged 9.55% over the past 52 weeks, while the S&P 500 index has gained 6.78% in the same period. ITC's shares rose 4.42% to...
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UPDATE: Macquarie Upgrades Tiffany & Co.
2014 Oct 16, 3:20pmMacquarie upgraded Tiffany & Co. (NYSE: TIF) in a report issued Wednesday from Neutral to Outperform and maintained the price target of $115. Analysts led by Laurent Vasilescu and Stephanie Wakeham noted that they "leverage insights from our global commodities team and believe the...
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Argus Upgrades Wells Fargo, Citigroup
2014 Oct 16, 11:46amOn Thursday, Argus Research analysts upgraded two financial stocks: Wells Fargo & Co (NYSE: WFC) upgraded from Sell to Buy; $54.00 price target. Citigroup Inc (NYSE: C) upgraded from Sell to Hold. Shares of Wells Fargo recently traded at $48.50, up 1.3 percent; Shares are up 7...
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New Credit Suisse Coverage Offers Potential Pair Trade
2014 Oct 16, 11:04amOn Thursday, Credit Suisse analyst Allison Landry updated coverage on the railroad sector. Landry upgraded shares of CSX Corporation (NYSE: CSX) to Outperform and downgraded shares of Norfolk Southern Corp (NYSE: NSC) to Neutral.
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Bank Of America Offers Potential Pair Trade Based On New Coverage
2014 Oct 16, 11:02amOn Thursday, analysts at Bank of America upgraded shares of Time Warner Inc (NYSE: TWX) from Neutral to Buy and raised the price target to $85 from $79. At the same time, Bank of America downgraded shares of Viacom, Inc. (NASDAQ: VIAB) to Underperform from Neutral and lowered the price...
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UPDATE: Wunderlich Securities Upgrades Bank Of The Ozarks Following Strong 3Q14 EPS Report
2014 Oct 16, 9:58amIn a report published Thursday, Wunderlich Securities analyst Kevin Reynolds upgraded the rating on Bank of the Ozarks (NASDAQ: OZRK) from Hold to Buy, and raised the price target from $35.00 to $38.00. In the report, Wunderlich Securities noted, “We are upgrading shares of Bank of the Ozarks (OZRK...
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UPDATE: Morgan Stanley Upgrades FleetCor Technologies, Inc. On Multiple Positive Factors
2014 Oct 16, 9:33amIn a report published Thursday, Morgan Stanley analyst Smittipon Srethapramote upgraded the rating on FleetCor Technologies, Inc. (NYSE: FLT) from Equal-Weight to Overweight, and named a $145.00 price target. In the report, Morgan Stanley noted, “We have been impressed by management's execution...
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