Analysts’ Upgrades for February, 15th (BBD.B, TOPCF, TRCB, TTWO, TX, TYME, UAA, VCYT, VER, VG)

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Analysts’ upgrades for Friday, February 15th:

Bombardier, Inc. Class B (TSE:BBD.B) was upgraded by analysts at UBS Group AG from a neutral rating to a buy rating. The firm currently has C$3.80 target price on the stock, up from their previous target price of C$2.90.

Topcon (OTCMKTS:TOPCF) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. 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. “

Two Rivers Bancorp (NASDAQ:TRCB) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Two River Bancorp is a state-chartered commercial bank. It engaged in the business of commercial and retail banking. The company offers checking accounts, savings accounts, commercial loans, SBA lending, safe deposit boxes, night depository, wire transfers, money orders, traveler’s checks, automated teller machines, direct deposit, telephone and internet banking. Two River Bancorp, formerly known as Community Partners Bancorp, is headquartered in Tinton Falls, NJ. “

TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. The firm currently has $104.00 target price on the stock. According to Zacks, “Take Two reported impressive third-quarter fiscal 2019 results, driven by the solid performance of Red Dead Redemption 2, which was the bestselling video game of 2018. Robust performance from the company’s other well-known franchises including NBA 2K series, Grand Theft Auto drove results. Take Two witnessed strong growth in net bookings and recurrent consumer spending in the third-quarter. Further, the company’s expanding product pipeline with major releases including Sid Meier's Civilization VI: Gathering Storm and Ancestors: The Humankind Odyssey in 2019 is a positive. Additionally, shares have outperformed the industry in the past year. However, Take Two’s heavy dependence on a handful of franchise is a headwind. Increased competition is expected to hurt market share expansion. Rising expenses also remain an overhang.”

Ternium (NYSE:TX) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. The firm currently has $36.00 target price on the stock. According to Zacks, “Ternium is the leading producer of flat and long steel products of Latin America and consolidates the operations of the steel companies Hylsa in Mexico, Siderar in Argentina and Sidor in Venezuela. It create value with our customers, jointly improving competitiveness and productivity, through a highly efficient industrial and technological base and a global commercial network. “

Tyme Technologies (NASDAQ:TYME) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $3.50 target price on the stock. According to Zacks, “Tyme Technologies, Inc. is a pharmaceutical company. The company is focused on creating medicines which specialize in the body’s immune system to treat diseases. Tyme Technologies, Inc. is headquartered in New York. “

Under Armour (NYSE:UAA) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $24.00 target price on the stock. According to Zacks, “Under Armour’s sustained focus on brand development and expansion of DTC and technology-based fitness businesses bode well for the stock that has risen and outpaced the industry in a year. Furthermore, apart from rolling out e-commerce platforms, the company continues to look for opportunities to expand footprint. These efforts have aided to post better-than-expected fourth-quarter 2018 results, wherein both top and bottom lines grew year over year. To ensure business growth in the next five years, management has set certain long-term strategic plans and is also concentrating on lowering debt. While management reiterated 2019 view with 3-4% revenue growth and earnings of 31-33 cents, the first quarter portrays a soft start to the year with revenue expected to be flat to slightly down. Revenues from the North America is likely to fall in mid-single-digit. Moreover, change in business model in Latin America is also likely to hurt revenues.”

Veracyte (NASDAQ:VCYT) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $20.00 price target on the stock. According to Zacks, “Veracyte, Inc. is a diagnostics company. It is focused on discovering, developing and commercializing molecular cytology solutions. The Company provides Afirma Thyroid FNA Analysis, which helps physicians in reducing unnecessary diagnostic surgeries for patients with thyroid nodules. Veracyte is also developing Afirma Malignant GEC test. It serves endocrinologists, radiologists, and head and neck specialists. Veracyte, Inc. is headquartered in South San Francisco, California. “

Vereit (NYSE:VER) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “VEREIT, Inc. is a real estate operating company. The Company owns and manages a diversified portfolio of retail, restaurant, office and industrial real estate assets. VEREIT, Inc., formerly known as American Realty Capital Properties Inc., is based in Phoenix, United States. “

Vonage (NYSE:VG) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Vonage is redefining communications by offering consumers and small businesses an affordable alternative to traditional telephone service. The fastest growing telephony company in North America, Vonage’s service area encompasses more than 2000 active rate centers in over 130 global markets. Vonage is sold directly through their website and retail partners such as SAM’s Club, Amazon.com, RadioShack, Best Buy, Circuit City, Staples, Fry’s Electronics and Office Depot. Wholesale partners such as EarthLink, ARMSTRONG(R), Advanced Cable Communications and the Coldwater Board of Public Utilities resell the Vonage broadband phone service under their own unique brands. With more than 300,000 lines in service, Vonage continues to add more than 30,000 lines per month to its network. Over 10 million calls per week are made using Vonage, the easy-to-use, feature-rich, flat rate phone service. “

VOESTALPINE AG/ADR (OTCMKTS:VLPNY) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “voestalpine AG is engaged in the production, processing and distribution of steel products. Its operating division consists of Steel, Special Steel, Metal Engineering, Metal Forming and Other. Steel division focuses on the production and processing of flat steel products for the automotive, white goods and construction industries. Special Steel division segment manufactures tool steel and high-speed steel. Metal Engineering division produces rails and turnout products, rod wire, drawn wire, premium seamless tubes and welding filler materials. Metal Forming division offers special sections, tube products, and precision strip steel as well as pre-finished system components. Other segment provides coordination services and assistance to the subsidiaries. voestalpine AG is headquartered in Linz, Austria. “

Westinghouse Air Brake Technologies (NYSE:WAB) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Wabtec's deal with GE Transportation, expected to close on Feb 25, is a huge positive. The combined entity will generate $8 billion in total revenues and double-digit EPS growth, annually. Additionally, the company's outlook for 2018 is also encouraging. It anticipates earnings (excluding estimated costs of the proposed merger with GE Transportation and certain other items) to be $3.85 per share in the year, compared with $3.43 achieved in 2017. The projection for revenues stands at $4.35 billion. However, the company's operating margin view for 2018 is disappointing. Moreover, escalating operating expenses might dent the company's bottom-line growth in the fourth quarter. Results are expected to be released on Feb 25. Shares of Wabtec have declined 33.1% in the last six months.”

Wageworks (NYSE:WAGE) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “WageWorks, Inc. is an on-demand provider of tax-advantaged programs for consumer-directed health, commuter and other employee spending account benefits, or CDBs, in the United States. The Company administers and operates an array of CDBs, including spending account management programs, such as health and dependent care flexible spending accounts, health savings accounts, health reimbursement arrangements and commuter benefits, such as transit and parking programs. The Company delivers its CDB programs through a benefits-as-a-service delivery model. WageWorks, Inc. is headquartered in San Mateo, California. “

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