Research Analysts’ upgrades for Wednesday, August 23rd:
Ashmore Group (OTCMKTS:AJMPF) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Ashmore Group plc is an emerging market investment manager. It invests in the public equity and fixed income markets. Ashmore Group plc is based in London, United Kingdom. “
Great Ajax Corp. (NYSE:AJX) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Great Ajax Corp. is a real estate investment trust which acquires, invests and manages a portfolio of mortgage loans secured by single- family residences and single-family properties. The company invest in loans secured by multi-family residential and commercial mixed use retail/residential properties. It also hold real-estate owned properties acquired upon the foreclosure, other settlement of our owned non-performing loans. Great Ajax Corp. is based in Beaverton, Oregon. “
AudioCodes (NASDAQ:AUDC) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $7.50 price target on the stock. According to Zacks, “AUDIOCODES LTD designs, develops and markets enabling technologies and communication components for the transmission of voice, fax and modem over packet networks. Newly developed Voice over IP gateways as well as DSL and ATM access devices, enable packet networks to carry voice and data more efficiently and at lower cost than traditional telephone networks. They are a provider of voice over packet communication components that empower the development of equipment for these emerging markets. “
AU Optronics Corp (NYSE:AUO) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Au Optronics is a world-leading manufacturer of large-size thin film transistor liquid crystal display panels, which are currently the most widely used flat panel display technology. They are used in notebook computers, desktop monitors, televisions, digital cameras, DVD players, PDAs, mobile phones, portable games, and car navigation systems, among other applications. “
Azul SA (NASDAQ:AZUL) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $28.00 target price on the stock. According to Zacks, “Azul SA is a holding company for the providers of airline passenger and cargo services. Azul SA is headquartered in Barueri, Brazil. “
Bellerophon Therapeutics (NASDAQ:BLPH) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $1.25 price target on the stock. According to Zacks, “Bellerophon Therapeutics LLC is a biotherapeutics company. It is focused on developing products for the treatment of cardiopulmonary and cardiac diseases. The company’s product pipeline consists of INOpulse and BCM which are in different clinical stage. Bellerophon Therapeutics LLC is based in Hampton, New Jersey. “
Bunzl plc (NASDAQ:BZLFY) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $34.00 target price on the stock. According to Zacks, “Bunzl Plc operates in two business areas; Outsourcing Services and Filtrona. As an international componay Bunzl has developed sound partnerships with both suppliers and customers by providing outsourcing solutions and customer service oriented distribution and light manufacture, primarily of plastic and paper based products. “
Cadence Bancorp (NYSE:CADE) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. The firm currently has $23.00 target price on the stock. According to Zacks, “Cadence BanCorporation is a regional bank holding company. It provides corporations, middle-market companies, small businesses and consumers banking and financial solutions. The company’s services and products include commercial and business banking, treasury management, specialized lending, commercial real estate, foreign exchange, wealth management, investment and trust services, financial planning, retirement plan management, business and personal insurance, consumer banking, consumer loans, mortgages, home equity lines and loans and credit cards. Cadence BanCorporation is headquartered in Houston, Texas. “
Danone (OTCMKTS:DANOY) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $18.00 price target on the stock. According to Zacks, “Danone SA is engaged in food processing activities primarily in France and internationally. The Company operates in four business lines: Fresh Dairy Products, Waters, Baby Nutrition, and Medical Nutrition. The Fresh Dairy Products division produces and markets yogurts, fermented fresh dairy products, and other specialized fresh dairy products .The Waters division produces and distributes packaged natural, flavored, and vitamin-enriched water. The Baby Nutrition division provides food for infants and toddlers to complement breast-feeding. The Medical Nutrition division offers products to treat disease-related to malnutrition. Danone SA, formerly known as Groupe Danone, is based in Paris, France. “
The Descartes Systems Group (NASDAQ:DSGX) (TSE:DSG) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $30.00 target price on the stock. According to Zacks, “Descartes Systems Group Inc. a leading provider of software-as-a-service logistics solutions. It is delivering results across the globe today for organizations that operate logistics-intensive businesses. Descartes’ logistics management solutions combine a multi-modal network, the Descartes Global Logistics Network, with component-based ‘nano’ sized applications to provide messaging services between logistics trading partners, book-to-bill services for contract carriers and private fleet management services for organizations of all sizes. These solutions and services help Descartes’ customers reduce administrative costs, billing cycles, fleet size, contract carrier costs, and mileage driven and improve pick up and delivery reliability. Descartes Systems Group Inc. is headquartered in Waterloo, Canada. “
Edenred Unspon (NASDAQ:EDNMY) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $15.00 target price on the stock. According to Zacks, “Edenred SA offers prepaid corporate solutions to individuals and organizations. The Company provides vouchers for restaurant meals, childcare and other products and services are used to reward employees and loyal customers. Edenred SA is headquartered in Malakoff, France. “
