Research Analysts’ upgrades for Wednesday, August 16th:
Biogen (NASDAQ:BIIB) was upgraded by analysts at Goldman Sachs Group, Inc. (The) from a buy rating to a conviction-buy rating.
EastGroup Properties (NYSE:EGP) was upgraded by analysts at Bank of America Corporation from an underperform rating to a hold rating. Bank of America Corporation currently has $96.00 price target on the stock.
Mylan N.V. (NASDAQ:MYL) was upgraded by analysts at Citigroup Inc. from a neutral rating to a buy rating.
Paychex (NASDAQ:PAYX) was upgraded by analysts at Morgan Stanley from an underweight rating to an equal weight rating. They noted that the move was a valuation call. The analysts noted that the move was a valuation call.
Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp (NYSE:SBS) was upgraded by analysts at Janney Montgomery Scott from a neutral rating to a buy rating.
Spirit Realty Capital (NYSE:SRC) was upgraded by analysts at Bank of America Corporation from an underperform rating to a buy rating.
United Dominion Realty Trust (NYSE:UDR) was upgraded by analysts at Morgan Stanley from an underweight rating to an equal weight rating. They noted that the move was a valuation call. The analysts noted that the move was a valuation call.
Uranium Energy Corp. (NYSEMKT:UEC) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $1.50 target price on the stock. According to Zacks, “Uranium Energy Corp is a US-based junior resource company with the objective of becoming a near-term ISR uranium producer in the United States. The Company controls one of the largest historical uranium exploration and development databases in the US. Through the use of these databases, the Company has acquired advanced uranium properties throughout the southwestern US. The operational management is comprised of pre-eminent uranium mining and exploration professionals, whose collective experience in the uranium mining industry gives the Company ongoing uranium mine-finding and uranium mine development expertise. Uranium Energy Corp is well positioned to capitalize on the current alternative energy boom. “
Communications Sales & Leasing,Inc. (NASDAQ:UNIT) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $23.00 target price on the stock. According to Zacks, “Uniti Group Inc. is a real estate investment trust company. It engaged in the acquisition and construction of mission critical infrastructure in the communications industry. The company focuses on acquiring and constructing fiber optic broadband networks, wireless communications towers, copper and coaxial broadband networks and data centers. Uniti Group Inc. is headquartered in Little Rock, AR. “
Zions Bancorporation (NASDAQ:ZION) was upgraded by analysts at Bank of America Corporation from a neutral rating to a buy rating. The firm currently has $52.00 target price on the stock.
