Investment Analysts’ upgrades for Wednesday, September 6th:
Associated Banc-Corp (NYSE:ASB) was upgraded by analysts at DA Davidson from an underperform rating to a neutral rating.
AstraZeneca plc (LON:AZN) was upgraded by analysts at Natixis to a buy rating. The firm currently has GBX 5,738 ($74.11) target price on the stock, up from their previous target price of GBX 5,000 ($64.57).
Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) was upgraded by analysts at TD Securities from a hold rating to a buy rating.
Daimler AG (NASDAQ:DDAIF) was upgraded by analysts at Goldman Sachs Group, Inc. (The) from a neutral rating to a buy rating.
Fiat Chrysler Automobiles N.V. (NYSE:FCAU) was upgraded by analysts at Barclays PLC from an equal weight rating to an overweight rating. They currently have $10.00 target price on the stock.
Iamgold Corporation (NYSE:IAG) (TSE:IMG) was upgraded by analysts at CIBC from a neutral rating to an outperform rating.
Interpublic Group of Companies, Inc. (The) (NYSE:IPG) was upgraded by analysts at Citigroup Inc. from a neutral rating to a buy rating.
JELD-WEN Holding (NYSE:JELD) was upgraded by analysts at J P Morgan Chase & Co from a neutral rating to an overweight rating.
Novo Nordisk A/S (NYSE:NVO) was upgraded by analysts at Bank of America Corporation from an underperform rating to a neutral rating.
Omnicom Group (NYSE:OMC) was upgraded by analysts at Citigroup Inc. from a sell rating to a neutral rating.
Retail Opportunity Investments Corp. (NASDAQ:ROIC) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Retail Opportunity Investments Corp. is a corporation that intends to qualify as a REIT for U.S. federal incoming tax purposes and that expects to invest in, acquire, own, lease, reposition and manage a diverse portfolio of necessity-based retail properties. This includes primarily, well located community and neighborhood shopping centers, anchored by national or regional supermarkets and drugstores. The company may also acquire other retail properties, including power centers, regional malls lifestyle centers and single-tenant retail locations that are leased to national, regional and local tenants. In addition, the Company may supplement its direct purchases of retail properties with first mortgages or second mortgages, mezzanine loans, bridge or other loans or debt investments related to retail properties, in each case provided that the underlying real estate meets the Company’s criteria for direct investment. “
Banco Santander, (NYSE:SAN) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Banco Santander SA is the biggest bank in Spain and the biggest international bank in Latin America as well. The Bank concentrates its activities in Andalucia, Castilla-Leon, Catalonia, Madrid, Valencia and Cantabria. The Bank provides banking services for individuals and companies, leasing, factoring, stockbrokerage and mutual fund services. “
SINO BIOPHARMACEUT HKD0.025 (NASDAQ:SBMFF) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. The firm currently has $1.00 target price on the stock. According to Zacks, “Sino Biopharmaceutical Limited researches, develops, produces and sells biopharmaceutical products for the medical treatment of ophthalmia, as well as modernized Chinese medicine and chemical medicine for the treatment of hepatitis. Sino Biopharmaceutical Limited is headquartered in Wanchai, Hong Kong. “
Santander Consumer USA Holdings (NYSE:SC) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Santander Consumer USA Holdings Inc. is a technology-driven consumer finance company which focused on vehicle finance and unsecured consumer lending products. The company’s vehicle finance products and services include consumer vehicle loans, vehicle leases and automotive dealer floorplan loans. Santander Consumer USA Holdings Inc. is headquartered in Dallas, Texas. “
Supergroup Plc, Cheltenham (NASDAQ:SEPGY) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “SuperGroup PLC is involved in the design, production and sale of clothing and accessories for men and women. The companys product consists of T-shirts, polo shirts, hoods and sweats, denim, joggers, tops, dresses, jackets, shirts, knitwear and footwear, as well as bags and accessories. Its brand name includes Superdry. SuperGroup PLC is headquartered in Cheltenham, the United Kingdom. “
Summit Financial Group (NASDAQ:SMMF) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. The firm currently has $25.00 target price on the stock. According to Zacks, “Summit Financial Group operates thirteen banking locations through its three wholly owned subsidiary banks, Summit Community Bank headquartered in Moorefield, West Virginia, Capital State Bank, Inc. headquartered in Charleston, West Virginia, and Shenandoah Valley National Bank in Winchester, Virginia. Summit also operates Summit Financial, LLC, a residential mortgage loan originator located in Herndon, Virginia. “
SUNNY OPTICAL TECH HKD0.10 (NASDAQ:SNPTF) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $16.00 price target on the stock. According to Zacks, “Sunny Optical Technology Group Co., Limited is engaged in the design, research and development, manufacture and sales of optical and optical-related products. Optical components product includes glass spherical and aspherical lenses, plane products, handset lens sets, vehicle lens sets and other various lens sets. Optoelectronic products includes handset camera modules, three-dimensional optoelectronic products, security cameras and other optoelectronic modules and optical instruments includes microscopes, optical measuring instruments and various high-end optical analytical instrument. Sunny Optical Technology Group Co., Limited is based in Yuyao, the People’s Republic of China. “
Sonoco Products (NYSE:SON) was upgraded by analysts at Bank of America Corporation from an underperform rating to a buy rating.
Ssp Group Plc (NASDAQ:SSPPF) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $7.50 target price on the stock. According to Zacks, “SSP Group PLC operates food and beverage outlets. It also operates restaurants, bars, cafes, food courts, lounges and convenience stores in airports, train stations, motorway service stations and other leisure locations. SSP Group PLC is headquartered in London, the United Kingdom. “
Shutterstock (NYSE:SSTK) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Shutterstock, Inc. is a global marketplace for digital imagery. It provides licensed photographs, vectors, illustrations and videos to businesses, marketing agencies and media organizations around the world. The Company’s online marketplace provides a freely searchable library of commercial digital images that the users can pay to license, download and incorporate into their work. Shutterstock, Inc. is headquartered in New York. “
State Auto Financial Corporation (NASDAQ:STFC) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “State Auto Financial Corporation is an insurance holding company, which engages, through its subsidiaries, primarily in the property and casualty insurance business. The company’s principal subsidiary is State Auto Property and Casualty Insurance Company. State Auto P&C is a regional insurer engaged primarily in writing personal and commercial automobile, homeowners, commercial multi-peril, workers’ compensation and fire insurance. “
Starwood Property Trust (NYSE:STWD) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Starwood Property Trust, Inc. is a newly formed company that is focused primarily on originating, investing in, financing and managing commercial mortgage loans and other commercial real estate-related debt investments. Starwood Property Trust, Inc. will be externally managed and advised by SPT Management, LLC, an affiliate of Starwood Capital Group and intends to elect to be taxed as a real estate investment trust (REIT) for U.S. federal income tax purposes. “
Sierra Wireless (NASDAQ:SWIR) (TSE:SW) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Sierra Wireless, Inc. is a leading provider of wireless data communications products. The company delivers wireless PC Cards for portable computers, wireless adapters for PDA’s, OEM modules for embedded applications and rugged vehicle-mounted wireless systems. The company is the founding member of the WirelessReady Alliance, an alliance of industry-leading hardware, software and service companies committed to the delivery of complete and compelling wireless data solutions. “
Stock Yards Bancorp (NASDAQ:SYBT) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Stock Yards Bancorp Inc. is a bank holding company. Its main subsidiary is Stock Yards Bank & Trust Company. The company provides banking, trust, investment management, private banking, and brokerage services. It operates in and around Louisville, Indianapolis, and Cincinnati. Stock Yards Bancorp Inc. is headquartered in Louisville, Kentucky. “
Territorial Bancorp (NASDAQ:TBNK) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Territorial Bancorp, Inc. intends to operate as the bank holding company for Territorial Savings Bank, a federally chartered, FDIC-insured savings bank, which provides financial services to individuals, families, and businesses. Territorial Savings Bank accepts deposits; originates home equity loans and lines of credit, construction, commercial and other non-residential real estate loans, consumer loans, multi-family mortgage loans, and other loans; offers various deposit accounts, including passbook and statement savings accounts, certificates of deposit, money market accounts, commercial and regular checking accounts, and Super NOW accounts; engages in insurance agency activities; and provides various non-deposit investments, such as annuities and mutual funds through a third-party broker-dealer. Territorial Bancorp, Inc. is based in Honolulu, Hawaii with banking offices located throughout the State of Hawaii. “
TerraForm Power (NASDAQ:TERP) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “TerraForm Power, Inc. is global renewable energy company. It operates clean power generation assets such as solar, wind, natural gas, geothermal and hydro-electricity. The Company owns and operates solar generation assets serving utility, commercial, and residential customers. TerraForm Power, Inc. is based in Beltsville, Maryland. “
Tesco Corporation (NASDAQ:TESO) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Tesco Corporation is engaged in the designing, manufacturing and service delivery of technology-based solutions for the upstream energy industry. The Company’s product and service include equipment sales and services to drilling contractors and oil and gas operating companies. It operates in three segments, Top Drive, Tubular Services, and CASING DRILLING. Tesco Corporation is headquartered in Houston, Texas. “
Topcon Corporation (NASDAQ:TOPCF) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. The firm currently has $19.00 target price on the stock. According to Zacks, “Topcon Corporation develops and sells positioning, eye care and smart infrastructure products. Positioning products include GNSS receivers, machine control systems, precision agriculture systems, and IT site management solutions; Eye care products comprise 3D optical coherence tomography systems, retinal cameras, ophthalmic digital image filing systems, auto refractometers/auto kerato-refractometers, slit lamps, computerized tonometers, lens edgers and meters and ophthalmic laser photocoagulators.; infrastructure products consists motorized robotic total stations, imaging stations, mobile mapping systems, 3D laser scanners, data collectors, theodolites, levels/digital levels, self-leveling construction lasers, pipe lasers and asset management systems. Topcon Corporation is headquartered in Tokyo, Japan. “
Thomson Reuters Corp (NYSE:TRI) (TSE:TRI) was upgraded by analysts at TD Securities from a hold rating to a buy rating.
Exxon Mobil Corporation (NYSE:XOM) was upgraded by analysts at UBS AG from a sell rating to a neutral rating. They currently have $76.00 target price on the stock.
