Benzinga's Top Upgrades (NVTL, CP, ESS, AXP)
Novatel Wireless Inc (NASDAQ: NVTL) was upgraded by Canaccord from “sell” to "hold." NVTL's shares closed at $9.56 yesterday. Novatel's earnings are likely to surge by 414.09% this year.
BMO Capital upgraded Canadian Pacific Railway Limited (NYSE: CP) from "market perform" to "outperform." CP's shares closed at $64.45 yesterday. Canadian Pacific Railway's trailing-twelve-month gross margin is 77.06%.
Essex Property Trust Inc (NYSE: ESS) was upgraded by Goldman Sachs from "sell" to "neutral." ESS' shares closed at $110.06 yesterday. Essex Property's trailing-twelve-month gross margin is 64.90%.
Analysts at SunTrust upgraded American Express Company (NYSE: AXP) from "neutral" to "buy." AXP's shares closed at $37.94 yesterday. American Express' quarterly earnings advanced 813.18% y/y.
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