Research Analysts’ Upgrades for August, 6th (ERM, MCRUF, MED, MIXT, MMYT, MNR, MNSB, MOV, MPGPF, MRBK)

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Research Analysts’ upgrades for Tuesday, August 6th:

Euromoney Institutional Investor (LON:ERM) was upgraded by analysts at UBS Group AG to a buy rating. UBS Group AG currently has GBX 1,520 ($19.86) target price on the stock, up from their previous target price of GBX 1,365 ($17.84).

Morgan Advanced Materials (OTCMKTS:MCRUF) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Morgan Advanced Materials plc provides ceramic materials. It engaged in design and manufacture components for use in ultrasonic Accoustic Doppler Current Profilers technologies for oceanographic, waterway and waste water usage. Morgan Advanced Materials plc is headquartered in Windsor, the United Kingdom. “

Medifast (NYSE:MED) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $116.00 target price on the stock. According to Zacks, “Medifast is a leading manufacturer and distributor of clinically proven healthy living products and programs. It is the brand recommended by more than 20,000 Doctors. Medifast produces, distributes, and sells weight loss and other health-related products through websites, multi-level marketing, telemarketing, franchised weight loss clinics, and medical professionals. The company launched OPTAVIA, an exclusive brand and product line sold through its community of independent Coaches who offer support and guidance to their Clients. In partnership with OPTAVIA Coaches , franchise partners, resellers and its Scientific Advisory Board, Medifast offers comprehensive wellness products and programs that focus on creating sustainable change by helping people learn to incorporate healthy habits into their lives. “

MiX Telematics (NYSE:MIXT) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $16.00 price target on the stock. According to Zacks, “MiX Telematics Limited provides fleet and mobile asset management solutions. It offers vehicle tracking services for the consumer and commercial vehicle market worldwide. Mix’s products and services provide enterprise fleets, small fleets and consumers with solutions for safety, efficiency and security. The Company’s products includes Trailer Tracking, MiX Rovi, Beam-e, Matrix MX3, Matrix MX2, Matrix MX1, FM Tracer (FM3316i), FM Protector/MiX 3000, FM-Web, MiX Insight Analyser, Matrix Internet Tracking, MiX DriveTime, MiX Mobile, MiX Track, FM Wireless Kit, FM Voice Kit and FM Sat Comms. MiX Telematics Limited is based in Midrand, South Africa. “

MakeMyTrip (NASDAQ:MMYT) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “MakeMyTrip Limited is an online travel service company which offers travel products and solutions in India and the United States. The Company’s services and products include air tickets, customized holiday packages, hotel booking, railway tickets, bus tickets, car hire and facilitating access to travel insurance. MakeMyTrip Limited is the parent company of MakeMyTrip (India) Private Limited and MakeMyTrip.com Inc. Through its primary website, www.makemytrip.com, and other technology-enhanced platforms, the Company provides access to all major domestic full-service and low-cost airlines operating in India, all major airlines operating to and from India, a wide selection of hotels in and outside India, Indian Railways and several major Indian bus operators. MakeMyTrip Limited is based in Gurgaon, India. “

Monmouth R.E. Inv. (NYSE:MNR) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “MONMOUTH REAL ESTATE INVT operates as a qualified hybrid real estate investment trust under the Internal Revenue Code of 1954. “

Mainstreet Bank Common Stock (Virginia) (OTCMKTS:MNSB) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. The firm currently has $26.00 price target on the stock. According to Zacks, “MainStreet Bancshares Inc. is a full-service bank. The bank provides deposits, makes loans and other services for the public. MainStreet Bancshares Inc., formerly known as MainStreet Bank, is headquartered in Fairfax, Virginia. “

Movado Group (NYSE:MOV) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Movado Group, Inc. is one of the world’s premier watchmakers. Movado Group designs, manufactures and distributes watches from ten of the most recognized and respected names in time: Movado, Concord, EBEL and ESQ Movado along with their Coach, HUGO BOSS, Juicy Couture, Lacoste, Tommy Hilfiger and Scuderia Ferrari licensed watch brands. From their Swiss luxury timepieces to our accessible fashion watches, each of their brands is recognized for its inherent quality and distinctive image within its price category. Collectively, their timepieces are sold throughout North and South America, Europe, Asia and the Far East. Between their manufacturing facilities in Switzerland, corporate headquarters in Paramus, New Jersey, USA and Bienne, Switzerland and their sales and distribution offices around the world, Movado Group. “

Pagegroup (OTCMKTS:MPGPF) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “PageGroup PLC operates as a recruitment consultancy. It provides recruitment services for permanent, contract and temporary staff at clerical and qualified professional and executive levels. PageGroup PLC, formerly known as Michael Page International plc, is based in Weybridge, the United Kingdom. “

Meridian Bank (NASDAQ:MRBK) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $19.00 price target on the stock. According to Zacks, “Meridian Bank of Malvern offers deposit accounts, credit products, real estate financing, residential mortgages, investment and wealth management and electronic payments processing services. Meridian Bank of Malvern is based in United States. “

Mercury Systems (NASDAQ:MRCY) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Mercury Systems, Inc. is a commercial provider of secure sensor and mission processing subsystems for defense and intelligence programs. The Company’s products and solutions are deployed in more than 300 programs with over 25 different defense prime contractors. “

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