The Analysts’ Upgrades for January, 19th (CMG, CMI, CPLP, CSX, DBD, EIX, FCCO, FNBC, GFS, GPC)

The Analysts’ Upgrades for January, 19th (CMG, CMI, CPLP, CSX, DBD, EIX, FCCO, FNBC, GFS, GPC)

Analysts’ upgrades for Thursday, January 19th:

Chipotle Mexican Grill (NYSE:CMG) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Chipotle is one of the most recognized fast casual Mexican restaurant chains in the U.S. However, the company’s earnings and revenues has come under tremendous pressure in the recent past owing to the negative publicity related to the E. coli and the norovirus outbreaks. As a result, Chipotle shares have underperformed the Zacks categorized Retail–Restaurants industry over the last year. Nonetheless, Chipotle’s recovery plan to restore its economic model and customers trust to build sales, along with efforts to enhance guest experience augur well. Moreover, various sales-building initiatives undertaken by the company by the company like menu innovation, increased brand marketing along with increased investments in technology-driven initiatives should aid in bringing back customers. Yet, higher costs are expected to hurt margins while a soft consumer spending environment in the U.S. restaurant space might limit revenue growth.”

Cummins (NYSE:CMI) was upgraded by analysts at Longbow Research from a neutral rating to a buy rating. Longbow Research currently has $165.00 target price on the stock.

Capital Product (NASDAQ:CPLP) was upgraded by analysts at Evercore ISI from a hold rating to a buy rating. They currently have $5.00 target price on the stock.

CSX Corp. (NASDAQ:CSX) was upgraded by analysts at Scotiabank from a sector perform rating to an outperform rating. They currently have $43.00 target price on the stock.

CSX Corp. (NASDAQ:CSX) was upgraded by analysts at Morgan Stanley from an underweight rating to an equal weight rating.

Diebold (NYSE:DBD) was upgraded by analysts at Imperial Capital from an in-line rating to an outperform rating. Imperial Capital currently has $30.00 target price on the stock.

Edison International (NYSE:EIX) was upgraded by analysts at Evercore ISI from a hold rating to a buy rating. Evercore ISI currently has $76.00 target price on the stock.

First Community (NASDAQ:FCCO) was upgraded by analysts at Hovde Group from a market perform rating to an outperform rating. Hovde Group currently has $21.00 price target on the stock, up from their previous price target of $20.00.

First NBC Bank Holding (NASDAQ:FNBC) was upgraded by analysts at FBR & Co from an underperform rating to a market perform rating. They currently have $5.00 price target on the stock.

G4S plc (LON:GFS) was upgraded by analysts at Barclays PLC to an equal weight rating. The firm currently has GBX 260 ($3.14) target price on the stock, up from their previous target price of GBX 160 ($1.93).

Genuine Parts (NYSE:GPC) was upgraded by analysts at Goldman Sachs Group Inc. to a neutral rating.

Headlam Group plc (LON:HEAD) was upgraded by analysts at Peel Hunt to a buy rating. The firm currently has GBX 600 ($7.24) price target on the stock, up from their previous price target of GBX 475 ($5.73).

HILTON GRAND VA (NYSE:HGV) was upgraded by analysts at Goldman Sachs Group Inc. from a neutral rating to a buy rating.

Hilton Worldwide Holdings (NYSE:HLT) was upgraded by analysts at Sanford C. Bernstein from a market perform rating to an outperform rating.

HSBC Holdings plc (LON:HSBA) was upgraded by analysts at BNP Paribas to an outperform rating. They currently have GBX 750 ($9.05) price target on the stock.

Imax Corp. (NYSE:IMAX) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Shares of IMAX have underperformed the broader industry in the last one year, primarily due to disappointing box office revenues and adverse foreign currency movements. Nonetheless, we are impressed with the company's focus on expanding its operations. The expansion of its deal with Regal Entertainment Group to include more theatres is encouraging. Additionally, the company's focus on the Chinese movie market is highly encouraging. The deal inked with Shanghai Film Corporation in December and Wanda Cinema Line in Aug 2016 is expected to boost revenues. Also, with Star War's Rouge One beating box office estimates, the company could see better results in the fourth quarter. IMAX is expected to reveal its fourth quarter results on Feb 22.”

Intertek Group plc (LON:ITRK) was upgraded by analysts at Berenberg Bank to a buy rating. They currently have GBX 4,000 ($48.26) price target on the stock, up from their previous price target of GBX 3,600 ($43.43).

Illinois Tool Works (NYSE:ITW) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. The firm currently has $138.00 price target on the stock. According to Zacks, “In the last one year, Illinois Tool's shares have outperformed the Zacks categorized Machinery-General Industrial market. Also, over the long run, the company's organic and inorganic growth tactics, its long-term Enterprise Strategy and sound capital allocation schemes will likely prove beneficial. For 2016, the company increased its earnings guidance to $5.56-$5.66 per share from the previous expectation of $5.50-$5.70. Operating margin is expected to exceed 22.5%, including more than 100 basis points (bps) contribution from enterprise initiatives. For 2017, the company anticipates 9% year-over-year growth in earnings per share. Over the last 60 days, earnings estimates on the stock increased for 2017.”

Coca-Cola FEMSA SAB (NYSE:KOF) was upgraded by analysts at Zacks Investment Research from a strong sell rating to a hold rating. According to Zacks, “Coca-Cola Femsa S.A., through its subsidiaries, produces, markets and distributes soft drinks throughout the metropolitan area of Mexico City, in Southeastern Mexico and in metropolitan Buenos Aires, Argentina. The Company produces Coca-Cola, Sprite, Fresca, Quatro, Powerade, Extra Poma, Etiqueta Azul and Kin. “

Linear Technology Corp. (NASDAQ:LLTC) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. The firm currently has $70.00 price target on the stock. According to Zacks, “Linear Technology is a leading OEM of analog and mixed signal semiconductors. Fiscal second-quarter earnings exceeded the Zacks Consensus Estimate by a penny. For the past one year, the stock has outperformed the Zacks characterized Semi-General industry. Analog Devices has agreed to acquire Linear in a cash and stock deal worth $14.8 billion. The deal is expected to be completed by the end of the first half of calendar year 2017. The acquisition is expected to be accretive to non-GAAP earnings and cash flow going forward. Linear’s comprehensive product line, market position, cost reduction initiatives and strong balance sheet remain positives that will generate growth whenever cyclical pressures permit. Though the steady growth and profitability of its core industrial, communic”

Cheniere Energy (NYSEMKT:LNG) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Cheniere Energy, Inc. is a Houston-based energy company primarily engaged in liquefied natural gas related businesses. The company owns and operates the Sabine Pass liquefied natural gas terminal in Louisiana through its 57.9% ownership interest in and management agreements with Cheniere Energy Partners, L.P. (Ticker: CQP), which is a publicly traded partnership that the company created in 2007. The Sabine Pass LNG terminal is located on the Sabine Pass deep water shipping channel less than four miles from the Gulf Coast. “

Liquidity Services (NASDAQ:LQDT) was upgraded by analysts at Zacks Investment Research from a strong sell rating to a hold rating. According to Zacks, “Liquidity Services, Inc. is a leading online auction marketplace for wholesale, surplus and salvage assets. LSI enables its corporate and government sellers to enhance their financial return on excess assets by providing a liquid marketplace and value-added services that integrate sales and marketing, logistics and transaction settlement into a single offering. LSI has developed and deployed highly successful online sales programs on a significant scale for clients including large corporations and government agencies to maximize the market reach and recovery value of surplus assets in a timely manner. “

Marriott International (NASDAQ:MAR) was upgraded by analysts at Goldman Sachs Group Inc. to a conviction-buy rating.

Mobileye NV (NYSE:MBLY) was upgraded by analysts at Goldman Sachs Group Inc. from a neutral rating to a buy rating.

Netflix (NASDAQ:NFLX) was upgraded by analysts at Macquarie from an underperform rating to a neutral rating.

National Oilwell Varco (NYSE:NOV) was upgraded by analysts at Societe Generale from a hold rating to a buy rating. Societe Generale currently has $44.00 target price on the stock.

Orion Energy Systems (NASDAQ:OESX) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. The firm currently has $2.25 price target on the stock. According to Zacks, “ORION ENERGY SYSTEMS, INC. is a leading power technology enterprise that designs, manufactures and implements energy management systems, consisting primarily of high-performance, energy efficient lighting systems, controls and related services, for commercial and industrial customers without compromising their quantity or quality of light. “

Paccar (NASDAQ:PCAR) was upgraded by analysts at Longbow Research from an underperform rating to a neutral rating.

Premier Oil PLC (OTCMKTS:PMOIY) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Premier Oil PLC is engaged in oil and gas exploration, development and production. The Company’s operations are located in the North Sea, Asia, Middle East-Pakistan, and West Africa. It is independent and pursuing its strategy of low-risk development of existing discovered reserves whilst maintaining shareholder leverage to material exploration upside. The company is pre-funded for its committed development programme and planned exploration programme. The Company is focused on four core Businesses in the North Sea, Africa, Middle East/Pakistan, and Asia. Premier is seeking to grow through organic production growth, high impact exploration, and acquisitions in the areas they know well. “

Panera Bread (NASDAQ:PNRA) was upgraded by analysts at Goldman Sachs Group Inc. from a neutral rating to a buy rating.

Post Holdings (NYSE:POST) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $94.00 price target on the stock. According to Zacks, “Post Holdings Inc. is a manufacturer, marketer and distributor of branded ready-to-eat cereals in the United States and Canada. The Company’s products are manufactured through a production platform consisting of four owned primary facilities and sold through a variety of channels such as grocery stores, mass merchandisers, club stores, and drug stores. Its portfolio of brands includes diverse offerings such as Honey Bunches of Oats, Pebbles, Post Selects, Great Grains, Spoon Size Shredded Wheat, Post Raisin Bran, Grape-Nuts and Honeycomb. Post Holdings Inc. is based in St. Louis, Missouri. “

Prospect Capital Corp. (NASDAQ:PSEC) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Prospect Capital Corporation is a closed-end investment company that lends to and invests in private and microcap public businesses. Prospect Capital’s investment objective is to generate both current income and capital appreciation through debt and equity investments. “

Pearson plc (LON:PSON) was upgraded by analysts at Deutsche Bank AG to a hold rating. They currently have GBX 600 ($7.24) price target on the stock, down from their previous price target of GBX 730 ($8.81).

Protagonist Therapeutics (NASDAQ:PTGX) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Protagonist Therapeutics, Inc. is a clinical-stage biopharmaceutical company with a proprietary technology platform focused on discovering and developing peptide-based new chemical entities to address significant unmet medical needs. The Company’s initial lead product candidates consists of PTG-100 and PTG-200, which have the potential to transform the existing treatment paradigm for inflammatory bowel disease, a GI disease consisting primarily of ulcerative colitis and Crohn’s disease; PTG-300, an injectable hepcidin mimetic. Protagonist Therapeutics, Inc. is based in Milpitas, United States. “

uniQure NV (NASDAQ:QURE) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. The firm currently has $6.50 target price on the stock. According to Zacks, “UNIQURE B.V. is involved in developing gene therapy for patients of genetic or acquired diseases. It offers Glybera for the treatment of lipoprotein lipase deficiency, an orphan metabolic disease. The company’s product pipeline includes which are in clinical trials are additional adeno-associated virus consist of AMT-060, AMT-021, AMT-110 and AAV2/glial. UNIQURE B.V. is headquartered in Amsterdam, the Netherlands. “

Rocky Brands (NASDAQ:RCKY) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $14.00 price target on the stock. According to Zacks, “Rocky Brands, Inc. is a leading designer, manufacturer and marketer of premium quality footwear and apparel marketed under a portfolio of well recognized brand names including Rocky Outdoor Gear, Georgia Boot, Durango, Lehigh, and the licensed brand, Dickies. “

REDHILL BIO-ADR (NASDAQ:RDHL) was upgraded by analysts at Zacks Investment Research from a sell rating to a buy rating. They currently have $12.00 target price on the stock. According to Zacks, “RedHill Biopharma focuses on the development and commercialization of late clinical-stage, proprietary, orally-administered, small molecule drugs for gastrointestinal and inflammatory diseases, including cancer. RedHill’s proprietary pipeline includes: RHB-105 – a combination therapy for H.pylori infection; RHB-104 – a combination therapy for Crohn’s disease and multiple sclerosis; BEKINDA – a once-daily oral formulation of ondansetron for acute gastroenteritis and IBS-D; RHB-106 – an encapsulated formulation for bowel preparation licensed to Salix Pharmaceuticals; YELIVA – an orally-administered first-in-class SK2 selective inhibitor targeting oncology, inflammatory and gastrointestinal indications; MESUPRON – a uPA inhibitor targeting gastrointestinal and other solid tumors; RP101 – currently subject to an option-to-acquire, Hsp27 inhibitor targeting gastrointestinal cancers; RIZAPORT – an oral thin film formulation of rizatriptan for acute migraines. “

Rice Midstream Partners (NYSE:RMP) was upgraded by analysts at Zacks Investment Research from a hold rating to a strong-buy rating. The firm currently has $27.00 target price on the stock. According to Zacks, “Rice Midstream Partners LP is a midstream energy company. It owns, operates, develops and acquires midstream assets in the Appalachian Basin. The Company’s revenues come from natural-gas gathering services and compression services. Rice Midstream Partners LP is headquartered in United States. “

SemGroup Corp (NASDAQ:SEMG) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $46.00 target price on the stock. According to Zacks, “SemGroup Corp provides gathering, transportation, storage, distribution, blending, marketing and other midstream services to producers, refiners of petroleum products and others market participants located in Midwest and Rocky Mountain regions of the United States of America. The Company operates in the pipeline gathering and processing segments of the natural gas midstream industry in the U.S. and Canada. It conducts its business through seven business segments- SemCrude, SemStream, SemLogistics, SemMexico, SemCanada Crude, SemGas and SemCAMS. Its asset base includes pipelines, gathering systems, storage facilities, terminals, processing plants, blending facilities and other distribution assets. It also maintains and operates storage, terminal and marine facilities in the U.K. and operates a network of liquid asphalt cement terminals throughout Mexico. SemGroup Corp is headquartered in Tulsa, Oklahoma. “

Sunesis Pharmaceuticals (NASDAQ:SNSS) was upgraded by analysts at Zacks Investment Research from a hold rating to a strong-buy rating. The firm currently has $4.50 target price on the stock. According to Zacks, “Sunesis Pharmaceuticals is a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of novel small molecule therapeutics for oncology and other serious diseases. It has built a broad product candidate portfolio through internal discovery and in-licensing of novel cancer therapeutics. It is advancing its product candidates through in-house research and development efforts and strategic collaborations with leading pharmaceutical and biopharmaceutical companies. “

Splunk (NASDAQ:SPLK) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Splunk Inc. provides a software platform, which collects and indexes data and enables users to search, correlate, analyze, monitor and report on this data, all in real time. Its software is designed to help users in various roles, including IT and business professionals. Splunk Inc. is based in San Francisco, California. “

Staples (NASDAQ:SPLS) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $10.00 target price on the stock. According to Zacks, “Staples has significantly outperformed the Zacks categorized industry in the last three months thanks to its strategic plans to boost long-term value. We believe the company’s actions to streamline operations aimed at enhancing productivity and performance of its North American business bode well. Further, its cost containment efforts that target annualized cost savings of nearly $300 million by 2018 show promise. The company also remains positioned to gain from its plans to shut down underperforming North American stores as well as boosting online presence in order to bolster productivity and sales. However, we expect the persistent weakness in the office products sector, technological advancements and stiff competition to continue weighing on the company’s performance. International sales also remain a drag. Estimates have been stable lately ahead of the company’s fourth quarter earnings release.”

St. James's Place plc (LON:STJ) was upgraded by analysts at Macquarie to an outperform rating. The firm currently has GBX 1,186 ($14.31) target price on the stock, up from their previous target price of GBX 924 ($11.15).

Severn Trent Plc (LON:SVT) was upgraded by analysts at Credit Suisse Group AG to a neutral rating. The firm currently has GBX 2,190 ($26.42) price target on the stock, up from their previous price target of GBX 2,100 ($25.33).

Swire Pacific (OTCMKTS:SWRAY) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $11.00 target price on the stock. According to Zacks, “SWIRE PACIFIC LIMITED is one of Hong Kong’s leading listed companies, with diversified interests in five operating divisions: Property, Aviation, Beverages, Marine Services and Trading & Industrial. The company’s operations are predominantly based in the Greater China region, where the Swire group has been established for over 130 years. Swire Pacific seeks to foster long-term, sustainable growth through active participation in management, underpinned by a strong financial base. “

Suncoke Energy (NYSE:SXCP) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $22.00 target price on the stock. According to Zacks, “SunCoke Energy Partners L.P. manufactures metallurgical coke used in the blast furnace production of steel. SunCoke Energy Partners, L.P. is based in Lisle, Illinois. “

Taylor Morrison Home Corp (NASDAQ:TMHC) was upgraded by analysts at Zacks Investment Research from a hold rating to a strong-buy rating. The firm currently has $23.00 price target on the stock. According to Zacks, “Taylor Morrison Home Corporation is a homebuilder and land developer engaged in building single-family detached and attached homes for first-time buyers, move-up families to luxury and active adult customers. The company operates under the Taylor Morrison brand, Monarch brand and Darling Homes brand. It operates in Arizona, California, Colorado, Florida and Texas. Taylor Morrison Home Corporation is headquartered in Scottsdale, Arizona. “

Trex (NYSE:TREX) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $77.00 price target on the stock. According to Zacks, “Trex Company, Inc. is a manufacturer of wood-alternative decking and railing. Trex Company, Inc. is based in Winchester, United States. “

Tesla Motors (NASDAQ:TSLA) was upgraded by analysts at Morgan Stanley from an equal weight rating to an overweight rating.

Townsquare Media (NYSE:TSQ) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Townsquare Media, Inc. is a local media and entertainment company. It owns and operates radio, digital and live event properties in small to mid-sized markets across the country. Townsquare Media specializes in creating and distributing original entertainment, music and lifestyle content. Its assets include radio stations, local companion websites, and a streaming radio App called radioPup for iOS and Android, and live events. The Company owns FM and AM radio stations in markets in Colorado, Illinois, Indiana, Kentucky, Louisiana, Michigan, Minnesota, New York, and Texas. Townsquare Media, Inc. is based in United States. “

United Utilities Group PLC (LON:UU) was upgraded by analysts at Credit Suisse Group AG to an outperform rating. They currently have GBX 1,000 ($12.06) price target on the stock, up from their previous price target of GBX 990 ($11.94).

Valero Energy Partners (NYSE:VLP) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. The firm currently has $54.00 target price on the stock. According to Zacks, “Valero Energy Partners LP is engaged in the ownership, development and acquisition of crude oil and refined petroleum products pipelines, terminals and other transportation and logistics assets. The Company’s assets primarily situated in the Gulf Coast and Mid-Continent regions of the United States that are integral to the operations of Valero Energy Corporation’s refinery based in Port Arthur, Texas, McKee refinery based in Sunray, Texas and its refinery based in Memphis, Tennessee. Valero Energy Partners LP is based in San Antonio, United States. “

Verizon Communications (NYSE:VZ) was upgraded by analysts at HSBC from a hold rating to a buy rating. They currently have $61.00 target price on the stock.

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