Stock Analysts’ Upgrades for April, 6th (BHP, BOKF, C, FMC, HBAN, HPE, IFNNY, KSU, MKSI, NAVI)

Stock Analysts’ upgrades for Friday, April 6th:

BHP Billiton (NYSE:BHP) was upgraded by analysts at Societe Generale from a hold rating to a buy rating.

How to Become a New Pot Stock Millionaire

BOK Financial (NASDAQ:BOKF) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. The firm currently has $113.00 price target on the stock. According to Zacks, “Shares of BOK Financial have outperformed the industry over the past six months. The company has a decent earnings surprise history. It surpassed the Zacks Consensus Estimate for earnings in two out of the trailing four quarters. We believe the diverse revenue mix and favorable geographic footprint will support growth in the upcoming quarters. The company's continuous expansion via acquisitions is also expected to aid top-line growth. Moreover, increasing loan balances and easing margin pressure are positives. However, consistently mounting costs remain a near-term headwind. Also, significant exposure toward brokerage and trading revenues amid challenging trading environment is a major concern. Nevertheless, lower tax rate and rising interest rates would provide support to the company's financials.”

Citigroup (NYSE:C) was upgraded by analysts at Vining Sparks to a buy rating. They currently have $80.00 price target on the stock.

FMC (NYSE:FMC) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $89.00 price target on the stock. According to Zacks, “FMC Corp. recently provided an upbeat outlook for the first quarter and full-year 2018. The company sees adjusted earnings for both periods to exceed the top end of its prior guidance ranges. FMC Corp. is seeing strong demand in its Lithium unit and is expanding production capacity to meet growing demand for electric vehicles. The acquisition of a major portion of DuPont's Crop Protection business has also provided a significant growth platform for the company's Agricultural Solutions unit. The company should also gain from its efforts to expand product portfolio.”

Huntington Bancshares (NASDAQ:HBAN) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $17.00 price target on the stock. According to Zacks, “Shares of Huntington have outperformed the industry over the past six months. Yet, the company doesn’t have a decent earnings surprise history. It surpassed the Zacks Consensus Estimate in one of the trailing four quarters.  With the Fed rate hikes, margin pressure for the company finally seems to be easing. Moreover, rising loans and deposits along with improved credit quality are tailwinds. Also, the company's strong liquidity position keeps it well poised to expand through strategic initiatives, which will support profitability in the long run. However, increasing cost base continues to deter bottom-line growth. Also, unsustainable capital deployment activities keep us apprehensive.”

Hewlett Packard Enterprise (NYSE:HPE) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $19.00 price target on the stock. According to Zacks, “Estimates for Hewlett Packard have remained stable of late. We are encouraged by the company’s massive restructuring initiatives. On one hand, it is offloading low-margin businesses such as Enterprise Services and Software, which, in our opinion, will improvise the company’s margins over the long run. And on the other hand, it is enhancing its capabilities in the hybrid IT model as evident from the acquisitions of SimpliVity, Cloud Cruiser and Nimble Storage. We believe that the company’s focus on hybrid IT model will drive growth over the long run. Furthermore, Hewlett Packard’s announcement of returning $7 billion to shareholders by fiscal 2019 is also encouraging. Moreover, the stock has outperformed the industry in the year-to-date period.”

Infineon Technologies (OTCMKTS:IFNNY) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Infineon designs, develops, manufactures and markets semiconductors and complete systems solutions. Increased demand for energy-efficient products is a positive for the company. It is gaining significantly from the increasing use of semiconductors in the electric automobiles market. Notably, shares of the company have outperformed the industry in the last one year. However, the company continues to encounter difficulties with the cyclical nature of the semiconductor industry that witnesses price erosion and evolving standards. The company’s requirement of large capital investments to maintain a competitive cost position remains a headwind. Further, intensifying competition in the automotive and power market segments is a major concern.”

Kansas City Southern (NYSE:KSU) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Shares of Kansas City Southern have outperformed its industry in a year’s time. The company's volume growth is encouraging and is anticipated to aid results in the first quarter. Detailed results will be available on Apr 20. Improvement in operating ratio (operating expenses as a percentage of revenues) is also a positive. The company's efforts to reward shareholders is also encouraging. Toward this end, in August 2017, its board of directors approved of a new share repurchase program worth $800 million. Simultaneously, it increased its quarterly dividend in excess of 9%. However, the uncertainty over NAFTA is a major overhang on the stock. Moreover, declining volumes at the Agriculture & Minerals units remain concerning. Further, adding to its woes are high operating expenses mainly due to the rise in fuel costs.”

MKS Instruments (NASDAQ:MKSI) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. The firm currently has $127.00 price target on the stock. According to Zacks, “MKS Instruments’ shares have outperformed the industry in the past year. The company is benefiting from stronger semiconductor business, Newport Corporation buyout, sturdy demand for innovative products and superior customer relationships. These are expected to drive near-term results. Estimates have been stable lately ahead of the company's Q1 earnings release. However, intense competition in the industry is a major headwind. Loss of demand from a prominent buyer or a sudden supply chain challenge remains concerns. The company has mixed record of earnings surprises in recent quarters.”

Navient (NASDAQ:NAVI) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $15.00 price target on the stock. According to Zacks, “Shares of Navient have outperformed the industry over the past six months. Also, the company has an impressive earnings surprise history. It surpassed the Zacks Consensus Estimate for earnings in three of the trailing four quarters. The company remains well poised to benefit from the ongoing economic recovery and remains focused on leveraging its asset recovery & processing businesses. Though, Navient continues to struggle with regulatory claims and litigation burden owing to its practices in handling large number of student loans. its inorganic growth strategies of diversifying product offerings and boosting overall business encourage us.”

Nasdaq (NASDAQ:NDAQ) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $97.00 target price on the stock. According to Zacks, “Shares of Nasdaq have outperformed the industry year to date. It remains focused on growth through acquisitions and organic initiatives, enabling entry and cross-selling opportunities into new markets on a low-cost and highly-flexible platform. It displays prudence by accelerating its non-transaction revenue base. Nasdaq reviews its operations to accelerate the growth trajectory and intends to lower capital resources in business that do not offer considerable growth. A healthy balance sheet and cash position aid in de-leveraging the company, investing in its growth initiatives and engaging in shareholder-friendly moves. However, its elevated expenses restrict the desired margin expansion. Intense competition and regulatory issues remain key concerns. The company estimates 2018 non-GAAP operating expenses in the range of $1.375-$1.415 billion. Nasdaq’s fourth-quarter bottom line beat the estimates on higher revenues across segments.”

Netflix (NASDAQ:NFLX) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $329.00 price target on the stock. According to Zacks, “Netflix's shares have vastly outperformed the industry in the past year. The company’s efforts to attract viewers through investing in more regional programming is leading to robust addition of international subscribers. The company remains confident of adding more subscribers as the trend of binge viewing is catching up fast. Netflix now has 117.58 million subscribers globally. We believe continuing subscriber addition and expanding content portfolio are the key catalysts that will help Netflix to sustain growth going forward. Estimates have been stable lately ahead of the company’s Q1 earnings release. However, increasing market spends and higher investments on original/acquired content will continue to hurt profitability, at least in the near term. The company has mixed record of earnings surprises in recent quarters.”

Radian Group (NYSE:RDN) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $22.00 target price on the stock. According to Zacks, “Shares of Radian have outperformed the insurance industry in a year’s time. It is poised for growth on expansive mortgage and real estate service offerings, declining delinquency, lower levels of paid claims and improving risk-based capital ratio. Radian Group is restructuring its business by intensifying focus on core business and services with higher-growth potential besides more predictable and recurring fee-based revenues. Radian intends to position its Service segment for continued profitability. EBITDA margin for the Services segment is expected in the 10-15% range and earnings to grow an annual run rate of $150 million to $175 million, beginning in the second half of 2018. Solid capital position bodes well. However, stricter regulations, rising mortgage rates and a competitive market pose as risks.”

Tuesday Morning (NASDAQ:TUES) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Tuesday Morning Corp. is a closeout retailer of upscale home furnishings, gifts and related items in the U.S. They operate their stores during eight annual sales events, while closing them for the remaining weeks of the year. They specialize in first quality, brand name merchandise such as Ralph Lauren bed linens, Waterman pens, Limoges hand-decorated boxes, Steinbach collectible nutcrackers, Steiff stuffed animals, Royal Dalton china and giftware, Farberware cookware, Martex bathtowels, Samsonite luggage, Spode china, Madame Alexander dolls and many others. “

Twilio (NYSE:TWLO) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Twilio offers cloud-based software that helps developers make and receive phone calls, text messages and video chats. Estimates for the stock have remained unchanged, of late. The company’s key initiatives, which include product innovation, global expansion, acquisitions and go-to-market sales strategy, are helping it in gaining customers, which bodes well for long-term growth. Notably, the stock has outperformed the industry in the last one year. However, we are concerned about its declining gross margin which has worsened in the last two quarters, touching its lowest level in the last three years. The company’s gross margin has been negatively impacted by shift in international traffic mix and reduced revenue contribution from Uber. Going ahead, intensifying competition in the communications market and growing prevalence of in-app push notifications are other major headwinds.”

Hostess Brands (NASDAQ:TWNK) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $16.00 target price on the stock. According to Zacks, “Hostess Brands, Inc. is involved in developing, manufacturing, marketing, selling and distributing sweet goods primarily in the United States. The company produces new and classic treats which includes Ding Dongs, Ho Hos, Donettes, Fruit Pies as well as Twinkies and CupCakes. Hostess Brands, Inc. is based in Kansas City, Missouri. “

Urstadt Biddle Properties (NYSE:UBA) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $22.00 target price on the stock. According to Zacks, “Urstadt Biddle Properties is a self-administered equity real estate investment trust that provides investors with an investment vehicle for participating in ownership of income-producing properties. Their core properties consist principally of community shopping centers located in the northeast. “

Ubisoft Entertain (OTCMKTS:UBSFY) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $19.00 target price on the stock. According to Zacks, “Ubisoft Entertainment operates in parts of Europe, Canada and the United States and its primary activities are the production, publishing and distribution of interactive entertainment products. Products include video games, educational and cultural software, cartoons, literary, multimedia, audio-visual products, cinematographic and television works. Some of its brands are Driver, Anno, Endwar and Tom Clancy. “

UFP Technologies (NASDAQ:UFPT) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $35.00 price target on the stock. According to Zacks, “UFP TECH., INC. designs and manufactures a range of high-performance cushion packaging and specialty foam and plastic prods. for the industrial and consumer markets. UFP also designs precision moulded fibre packaging prods. made from recycled paper. “

Receive News & Ratings for BHP Billiton Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BHP Billiton Limited and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Zacks: MAM Software Group  Given $8.50 Consensus Target Price by Analysts
Zacks: MAM Software Group Given $8.50 Consensus Target Price by Analysts
Advanced Disposal  Receives Consensus Rating of “Hold” from Analysts
Advanced Disposal Receives Consensus Rating of “Hold” from Analysts
Herc Holdings Inc.  Receives Average Recommendation of “Hold” from Analysts
Herc Holdings Inc. Receives Average Recommendation of “Hold” from Analysts
Freshpet  vs. General Mills  Head to Head Analysis
Freshpet vs. General Mills Head to Head Analysis
Critical Survey: Qurate Retail Group  versus Its Peers
Critical Survey: Qurate Retail Group versus Its Peers
Financial Survey: Telia  versus Its Rivals
Financial Survey: Telia versus Its Rivals


© 2006-2018 Ticker Report. Google+.