Investment Analysts’ upgrades for Tuesday, September 5th:
Apple (NASDAQ:AAPL) was upgraded by analysts at Piper Jaffray Companies to an overweight rating. Piper Jaffray Companies currently has $190.00 target price on the stock.
Alexion Pharmaceuticals (NASDAQ:ALXN) was upgraded by analysts at J P Morgan Chase & Co from a neutral rating to an overweight rating.
Mack-Cali Realty Corporation (NYSE:CLI) was upgraded by analysts at SunTrust Banks, Inc. from a hold rating to a buy rating.
Walt Disney Company (The) (NYSE:DIS) was upgraded by analysts at Wells Fargo & Company from a market perform rating to an outperform rating.
Liberty Media Corporation (NASDAQ:FWONA) was upgraded by analysts at Citigroup Inc. from a neutral rating to a buy rating.
Horace Mann Educators Corporation (NYSE:HMN) was upgraded by analysts at Keefe, Bruyette & Woods from an underperform rating to a market perform rating.
Koninklijke KPN (NASDAQ:KKPNY) was upgraded by analysts at J P Morgan Chase & Co from a neutral rating to an overweight rating.
lululemon athletica inc. (NASDAQ:LULU) was upgraded by analysts at UBS AG from a neutral rating to a positive rating.
Mueller Water Products (NYSE:MWA) was upgraded by analysts at Boenning Scattergood from a neutral rating to an outperform rating. Boenning Scattergood currently has $14.00 price target on the stock. The analysts wrote, “We upgrade MWA to Outperform, with our $14 target price reflecting a peer group average forward P/E multiple of 24.3 times. Key Points: Homebuilding/land development represent key tailwinds. With home prices rising to record levels due to supply shortages and rising household formation likely to drive sustained demand (see our August 31 note HERE for more detail), the outlook for homebuilding is positive. Land development in particular is primed to accelerate as builders seek to bring new housing supply to market, and Mueller Water’s position at the early stages of residential development makes the company a timely play on the construction channel. The company’s Mueller Co. segment has an already attractive profitability profile (T4Q EBIT margin of 22.5%), and should generate further margin leverage as the top-line benefits from rising sales to the construction space.””
Navient Corporation (NASDAQ:NAVI) was upgraded by analysts at Compass Point from a neutral rating to a buy rating.
NMI Holdings (NASDAQ:NMIH) was upgraded by analysts at Keefe, Bruyette & Woods from a market perform rating to an outperform rating.
Prologis (NYSE:PLD) was upgraded by analysts at SunTrust Banks, Inc. from a hold rating to a buy rating.
Patterson-UTI Energy (NASDAQ:PTEN) was upgraded by analysts at J P Morgan Chase & Co from a neutral rating to an overweight rating.
Sabra Healthcare REIT (NASDAQ:SBRA) was upgraded by analysts at JMP Securities from a market perform rating to an outperform rating.
Snam Spa (NASDAQ:SNMRY) was upgraded by analysts at Royal Bank Of Canada from a sector perform rating to an outperform rating.
Sequans Communications (NYSE:SQNS) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Sequans Communications S.A., operates as a fabless designer, developer and supplier of 4G semiconductor solutions for wireless broadband applications. Solutions offered by the Company include baseband processor and radio frequency, or RF, transceiver integrated circuits, or ICs, along with signal processing techniques, algorithms and software stacks. Its solutions can be applied in devices like: smartphones; USB dongles; portable routers; embedded wireless modems for laptops, netbooks, tablets, and other consumer multimedia and industrial devices; consumer premises equipment, or CPE, such as residential gateways; and basestations. Sequans Communications S.A. is based in Paris, France. “
Sensata Technologies Holding N.V. (NYSE:ST) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. The firm currently has $50.00 price target on the stock. According to Zacks, “Sensata Technologies B.V., through its subsidiaries, is a supplier of sensing, electrical protection, control and power management solutions. The Company produces a range of sensors and controls for mission critical applications, such as thermal circuit breakers in aircraft, pressure sensors in automotive systems, and bimetal current and temperature control devices in electric motors. Sensata’s products include pressure sensors, force sensors, position sensors, motor protectors, and thermal and magnetic-hydraulic circuit breakers and switches. It develops solutions for specific customer requirements or applications across automotive, appliance, aircraft, industrial, military, heavy vehicle, heating, air-conditioning, data, telecommunications, recreational vehicle and marine applications. Sensata Technologies B.V. is based in Almelo, the Netherlands. “
Svenska Cellulosa AB (OTCMKTS:SVCBY) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Svenska Cellulosa Aktiebolaget SCA is a hygiene and forest company. Its business segments consist of Personal Care, Tissue business and Forest Products business. It provides incontinence care, baby diapers, feminine care, publication papers, pulp, solid-wood products, toilet paper, kitchen rolls, facial tissue, handkerchiefs and napkins. Its main brands include Tena, Pequenin, Libresse, Nosotras, Nana, Velvet, Edet, Regio, Tork, Zewa, Tempo, Libero, Drypers and Saba, among others. Svenska Cellulosa Aktiebolaget SCA is headquartered in Stockholm, Sweden. “
Skyworks Solutions (NASDAQ:SWKS) was upgraded by analysts at Citigroup Inc. from a sell rating to a buy rating.
Taseko Mines (NYSEMKT:TGB) (TSE:TKO) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $2.25 target price on the stock. According to Zacks, “Taseko Mines is focused on acquiring ownership of and advancing exploration and related activities on known mineral deposits that have as their basic characteristic, large tonnage (based on extensive drill testing for continuity) mineralization which, under metals price assumptions that fall within historical averages, are potentially capable of supporting a mine for 10 years and longer. “
The Hanover Insurance Group (NYSE:THG) was upgraded by analysts at Zacks Investment Research from a hold rating to a strong-buy rating. They currently have $113.00 price target on the stock. According to Zacks, “Allmerica Financial Corp. is a non-insurance holding company. The Company offers financial products and services in two major areas: Risk Management and Asset Accumulation. Within these broad areas, the Company conducts business principally in three operating segments. These segments are Risk Management, Allmerica Financial Services, and Allmerica Asset Management. In addition to the three operating segments, the Company also has a Corporate segment, which consists primarily of cash, investments, Corporate debt and Capital Securities. “
Thor Industries (NYSE:THO) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $122.00 target price on the stock. According to Zacks, “Thor Industries manufactures a wide range of recreational vehicles (RVs) at various manufacturing facilities located in Indiana and Ohio and sold through independent dealers in the U.S. and Canada. “
Tokio Marine Holdings (NASDAQ:TKOMY) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “TOKIO MARINE HOLDINGS INC., formerly known as Millea Holdings, Inc., headquartered in Tokyo, is a Japan-based holding company. Through its subsidiaries and associated companies, the Company is engaged in the non-life insurance, life insurance and asset management businesses. The Company is also engaged in the security investment consultation, investment trust management, derivative, temporary staffing and real estate management businesses. This company became Japan’s first publicly owned holding company that completely integrated life and non-life insurance operations. Their objective is to become one of the world’s preeminent insurance groups within the next 10 years. “
TeliaSonera AB (OTCMKTS:TLSNY) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Telia Company AB provides network access and telecommunication services. The company also offers mobile and broadband; and fixed services, including telephony, data and TV services. It operates primarily in Sweden and Europe. Telia Company AB, formerly known as TeliaSonera AB, is headquartered in Stockholm, Sweden. “
United States Steel Corporation (NYSE:X) was upgraded by analysts at Bank of America Corporation from a neutral rating to a buy rating.
XOMA Corporation (NASDAQ:XOMA) was upgraded by analysts at Wedbush from a neutral rating to an outperform rating. The firm currently has $19.00 target price on the stock, up from their previous target price of $9.00.
