Benzinga's Top Upgrades
Bank of America upgraded Adobe Systems (NASDAQ: ADBE) from “neutral” to “buy.” The target price for Adobe has been raised from $47 to $57. Adobe's shares closed at $43.36 yesterday.
Analysts at Goldman Sachs upgraded Tanger Factory Outlet Centers (NYSE: SKT) from “sell” to “neutral.” The target price for Tanger Factory Outlet Centers has been raised from $34.50 to $39. Tanger's shares closed at $34.44 yesterday.
Analysts at Piper Jaffray upgraded United Natural Foods (NASDAQ: UNFI) from “neutral” to “overweight.” The target price for United Natural Foods has been raised from $57 to $64. United Natural Foods' shares closed at $54.39 yesterday.
Morgan Stanley upgraded Sonic (NASDAQ: SONC) from “underweight” to “equal-weight.” Sonic's shares closed at $14.68 yesterday.
Latest Ratings for ADBE
|Jul 2016||Piper Jaffray||Initiates Coverage on||Overweight|
|Jun 2016||Cowen & Company||Initiates Coverage on||Outperform|
|Apr 2016||Credit Suisse||Assumes||Neutral|
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.