Equities Research Analysts’ upgrades for Tuesday, August 22nd:
Arconic (NASDAQ:ARNC) was upgraded by analysts at Longbow Research from a neutral rating to a buy rating. Longbow Research currently has $34.00 price target on the stock.
Alibaba Group Holding Limited (NYSE:BABA) was upgraded by analysts at Atlantic Securities from a neutral rating to an overweight rating. They currently have $215.00 price target on the stock, up from their previous price target of $130.00.
Digiliti Money (NASDAQ:DGLT) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Digiliti Money Group, Inc. is a technology solutions and services provider to the financial services industry. The company operates as a cloud-based software-as-a-service provider of remote deposit capture and mobile wallet solutions for customers of banks, credit unions, prepaid card programs, check cashing services and payday lenders. Its solutions and services enable banks, credit unions and alternative financial services providers to offer their customers remote deposit capture and prepaid mobile money technologies and related services. Digiliti Money Group, Inc., formerly known as Cachet Financial Solutions, Inc., is headquartered in Minneapolis. “
Dometic Group Ab (NASDAQ:DTCGF) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $7.50 target price on the stock. According to Zacks, “Dometic Group AB provides branded solutions for mobile living in the areas of Climate, Hygiene & Sanitation and Food & Beverage. It offers products for use in recreational vehicles, trucks and premium cars, pleasure and workboats and for a variety of other uses. The company operates primarily in the Americas, EMEA and Asia Pacific. Dometic Group AB is headquartered in Solna, Sweden. “
Estee Lauder Companies, Inc. (The) (NYSE:EL) was upgraded by analysts at Argus from a hold rating to a buy rating.
FuelCell Energy (NASDAQ:FCEL) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “FuelCell Energy develops and markets ultra-clean power plants that generate electricity with up to twice the efficiency of conventional fossil fuel plants with virtually no air pollution and reduced greenhouse gas emissions using a variety of fuels including renewable biogas and domestically-available fuels like natural gas. “
GRAFTON GROUP UT(1 (NASDAQ:GROUF) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $10.00 price target on the stock. According to Zacks, “Grafton Group plc manufactures and retails building supplies. The Company operates the Plumbase, Buildbase, Jackson, MacNaughton Blair, Chadwicks and Woodies retail chains as well as produces dry mortar. It operates primarily in Britain, Ireland, the Netherlands and Belgium. Grafton Group plc is headquartered in Dublin, Ireland. “
Howard Bancorp (NASDAQ:HBMD) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $20.00 price target on the stock. According to Zacks, “Howard Bancorp, Inc., headquartered in Ellicott City, Maryland, operates as a holding company for Howard Bank that provides a range of commercial and retail banking services in Maryland. It offers various deposits products, such as community business, business relationship, business solutions, super, howard relationship, and howard maximum checking accounts; individual retirement accounts; business, junior, and personal savings accounts; anniversary, incentive, and business money market accounts; and certificates of deposits. The company’s loan portfolio comprises commercial construction, commercial real estate, home equity, and consumer installment loans; and commercial and unsecured lines of credit. Howard Bancorp also provides business and personal online banking and Web BillPay services, ATM cards, business credit cards, and cash management, lockbox processing, and wire transfers services. “
Halcon Resources Corporation (NYSE:HK) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Halcon Resources Corporation is an energy company engaged in the acquisition, exploration and development of onshore oil and natural gas properties in the United States. The Company operates in Wichita, Wilbarger and Starr Counties in Texas, Pontotoc and Seminole Counties, Oklahoma, and Louisiana. Halcon Resources Corporation, formerly known as RAM Energy Resources, Inc., is based in Louisiana, USA. “
Independent Bank Corp. (NASDAQ:INDB) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $75.00 target price on the stock. According to Zacks, “Independent Bank Corp. is a bank holding company for Rockland Trust Company. They are a community-oriented commercial bank. The community banking business consists of commercial banking, retail banking and trust services and is managed as a single strategic unit. The community banking business derives its revenues from a wide range of banking services, including lending activities, acceptance of demand, savings and time deposits, trust and investment management, and mortgage servicing income from investors. “
Innospec (NASDAQ:IOSP) was upgraded by analysts at Monness Crespi & Hardt from a neutral rating to a buy rating. They currently have $65.00 target price on the stock.
Ituran Location and Control (NASDAQ:ITRN) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. The firm currently has $37.00 target price on the stock. According to Zacks, “Ituran provides location-based services, consisting predominantly of stolen vehicle recovery and tracking services, as well as wireless communications products used in connection with its location-based services and various other applications. Ituran offers mobile asset location, Stolen Vehicle Recovery, management & control services for vehicles, cargo and personal security, and radio frequency identification products for various purposes including automatic meter reading, electronic toll collection and homeland security applications. “
Kumba Iron Ore (NASDAQ:KIROY) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. The firm currently has $5.25 target price on the stock. According to Zacks, “Kumba Iron Ore Limited engages in the exploration, extraction, beneficiation, marketing, shipping, and sale of iron ore in South Africa. Its mining assets and natural resources also include platinum group metals and diamonds, copper, iron ore, metallurgical coal, nickel and thermal coal. The company has mines in various places like Thabazimbi in Limpopo, Sishen in Northern Cape; and Kolomela mine. It also transports iron ore to its customers in Europe and Asia. Kumba Iron Ore Limited is headquartered in Centurion, South Africa. “
Tempur Sealy International (NYSE:TPX) was upgraded by analysts at Stifel Nicolaus from a hold rating to a buy rating. Stifel Nicolaus currently has $80.00 price target on the stock, up from their previous price target of $60.00.
Vmware (NYSE:VMW) was upgraded by analysts at Deutsche Bank AG from a hold rating to a buy rating. The firm currently has $120.00 price target on the stock, up from their previous price target of $110.00.
58.com (NYSE:WUBA) was upgraded by analysts at Deutsche Bank AG from a hold rating to a buy rating.
58.com (NYSE:WUBA) was upgraded by analysts at HSBC Holdings plc from a hold rating to a buy rating.
