Equities Research Analysts’ Upgrades for September, 6th (BABA, BIDU, FUN, GECC, GLAPY, GLRE, GLUU, HAYPY, HEI, MOMO)
Alibaba Group Holding Limited (NYSE:BABA) was upgraded by analysts at Vetr from a buy rating to a strong-buy rating. They currently have $190.25 price target on the stock.
Baidu (NASDAQ:BIDU) was upgraded by analysts at Vetr from a sell rating to a strong-buy rating. The firm currently has $265.83 target price on the stock.
Cedar Fair, L.P. (NYSE:FUN) was upgraded by analysts at Zacks Investment Research from a strong sell rating to a hold rating. According to Zacks, “Cedar Fair, L.P. and its affiliated companies own and operate five amusement parks: Cedar Point, Knott’s Berry Farm, Dorney Park & Wildwater Kingdom, Valleyfair, and Worlds of Fun/Oceans of Fun. The parks are family-oriented, with recreational facilities for people of all ages, and provide clean and attractive environments with exciting rides and entertainment. The company also owns and operates four hotel facilities. Cedar Point also owns and operates the Cedar Point Marina, one of the largest full-service marinas on the Great Lakes. “
Great Elm Cap C (NASDAQ:GECC) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $12.00 price target on the stock. According to Zacks, “Great Elm Capital Corp. is a diversified investment company. Its business line consists of investment management, financial products and merchant banking. Great Elm Capital Corp. is based in Baltimore, Maryland. “
Glanbia Plc ADR (OTC:GLAPY) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Glanbia Plc engages in the manufacture and distribution of dairy and nutritional food products. Its operating segments include Glanbia Performance Nutrition, Global Ingredients, Dairy Ireland and Joint Ventures and Associates. Glanbia Performance Nutrition segment comprises of performance nutrition products under the Optimum Nutrition, BSN, Isopure, Nutramino and ABB brands. Global Ingredients segment includes American-style cheddar cheese, micro-nutrient premixes and dairy and non-dairy nutritional solutions. Dairy Ireland segment consists of consumer products and agribusiness. Joint Ventures and Associates segment covers Glanbia Ingredients Ireland, Glanbia Cheese and Southwest Cheese. Glanbia Plc is headquartered in Kilkenny, Ireland. “
Greenlight Reinsurance (NASDAQ:GLRE) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. The firm currently has $24.00 price target on the stock. According to Zacks, “GREENLIGHT CAPITAL REINSURANCE LTD. is an AM Best A- (Excellent) rated specialty property and casualty reinsurance company based in the Cayman Islands. The Company provides a variety of custom-tailored reinsurance solutions to the insurance, risk retention group, captive and financial marketplaces. Greenlight Re selectively offers customized reinsurance solutions in markets where capacity and alternatives are limited. With a focus on deriving superior returns from both sides of the balance sheet, Greenlight Re’s assets are managed according to a value-oriented equity-focused strategy that complements the Company’s business goal of long-term growth in book value per share. “
Glu Mobile (NASDAQ:GLUU) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $3.75 price target on the stock. According to Zacks, “GLU MOBILE INC., is a leading global publisher of mobile games. Its portfolio of top-rated games includes original titles Super K.O. Boxing!, Stranded and Brain Genius, and titles based on major brands from partners including Atari, Activision, Konami, Harrah’s, Hasbro, Warner Bros., Microsoft, PlayFirst, PopCap Games, SEGA and Sony. Glu is based in San Mateo, Calif. and has offices in London, France, Germany, Spain, Italy, Sweden, Poland, Russia, Hong Kong, China, Brazil, Chile, Canada and San Clemente, Calif. “
Hays Plc Unspon (NASDAQ:HAYPY) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $26.00 target price on the stock. According to Zacks, “Hays plc is engaged in the provision of recruitment and office support services. The firm provides employee and employer services which consists of Hays Talent Solutions, Hays Executive and Hays Oil and Gas. Its operating business segments includes Asia Pacific; Continental Europe, United Kingdom and Ireland. Hays plc is headquartered in London, United Kingdom. “
Heico Corporation (NYSE:HEI) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $96.00 target price on the stock. According to Zacks, “Heico Corporation is engaged primarily in certain niche segments of the aviation, defense, space and electronics industries through its Hollywood, FL-based HEICO Aerospace Holdings Corp. subsidiary and its Miami, FL-based HEICO Electronic Technologies Corp. subsidiary. HEICO’s customers include a majority of the world’s airlines and airmotives as well as numerous defense and space contractors and military agencies worldwide in addition to telecommunications, electronics and medical equipment manufacturers. “
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