Analysts Upgrades – AXAS, STEC, JEC, IPSU, G, DAR
The following stocks have recently had their ratings upgraded by stock analysts.
Abraxas Petroleum Corp. (AXAS) : C.K. Cooper has upgraded Abraxas Petroleum Corp.’s rating
from: Hold – to – Buy
Target Price: $5.50 . Abraxas Petroleum Corporation is engaged in the exploration of and the acquisition, development, and production of crude oil and natural gas along the Texas Gulf Coast, in the Permian Basin of western Texas and in Wyoming.
STEC Inc (STEC) : The Benchmark Company has upgraded STEC Inc’s rating
from: Hold – to – Buy
Target Price: $21.00 . STEC, Inc. is a global provider of enterprise-class Flash solid-state drives (‘SSDs’) that are designed to increase the performance of enterprise-storage systems and servers that companies use to retain and access their critical data.
Jacobs (JEC) : Robert W. Baird has upgraded Jacobs’s rating
from: Neutral – to – Outperform
Target Price: $55.00 . Jacobs Engineering Group provides technical, professional & construction services including engineering, design & architectural services; construction management; operations & maintenance services; process, scientific & systems consulting services
Imperial Sugar (IPSU) : BWS Financial has upgraded Imperial Sugar’s rating
from: Hold – to – Buy
Target Price: $24.00 . Imperial Sugar Company is a processor and marketer of refined sugar in the United States. It produces, packages and distributes sugar at facilities in Georgia and Louisiana.
Genpact (G) : UBS has upgraded Genpact’s rating
from: Neutral – to – Buy
Target Price: $21.00 . Genpact Ltd. is engaged in business process and technology management services. services include finance & accounting, collections & customer service, insurance services, supply chain & procurement, analytics, enterprise application services.
Darling Intl (DAR) : Morgan Joseph has upgraded Darling Intl’s rating
from: Hold – to – Buy
Target Price: $21.00 . Darling International, Inc. is a recycler of food and animal by-products and provides grease trap services to food service establishments. It operates within two industry segments: Rendering and Restaurant Services.
Cenovus Energy (CVE) : RBC Capital Mkts has upgraded Cenovus Energy’s rating
from: Sector Perform – to – Outperform
Target Price: $42.00 . Cenovus Energy Inc operates in oil projects and natural gas and crude oil production in Alberta and Saskatchewan. It also has oil projects in Foster Creek, Christina Lake and Pelican Lake in northeast Alberta, and Weyburn in Saskatchewan.
Accenture (ACN) : UBS has upgraded Accenture’s rating
from: Neutral – to – Buy
Target Price: $63.00 . Accenture plc is a global management consulting, technology services and outsourcing company.