Analysts Upgrade These Top Stocks on Wall Street Today

Wall St. Watchdog reveals information about companies for which stock analysts upgraded the shares on August 15th:

  • NuVasive (NASDAQ:NUVA): Rodman & Renshaw upgraded their rating on this company from Mkt Perform to Mkt Outperform and changed its price target to $33.  About the company: NuVasive, Inc. designs, develops, and markets products for the surgical treatment of spine disorders. The Company’s products include Maximum Access Surgery and Fusion products. NuVasive Earnings Cheat Sheet: Higher Expenses Shrinks Margins, Profit Declines>>
  • Stryker (NYSE:SYK): Rodman & Renshaw upgraded their rating on this company from Mkt Perform to Mkt Outperform and changed their price target to $56.  About the company: Stryker Corporation develops, manufactures, and markets specialty surgical and medical products. The Company’s products include implants, biologics; surgical, neurologic, ear, nose & throat and interventional pain equipment; endoscopic, surgical navigation, communications and digital imaging systems; as well as patient handling and emergency medical equipment. Stryker Earnings Cheat Sheet: Margins Shrink as Costs Rise, Profit Falls>>
  • Abiomed (NASDAQ:ABMD): Rodman & Renshaw upgraded their rating on this company from Mkt Underperform to Mkt Perform.  No price target was given.  About the company: ABIOMED, Inc. develops, manufactures, and markets cardiovascular products. The Company’s BVS-5000 is a cardiac assistance device for patients with reversible heart failure. ABIOMED is also developing its AbioCor implantable replacement heart, which is intended to extend the lives of patients with irreversible end- stage heart failure.
  • Edwards Lifesciences (NYSE:EW): Rodman & Renshaw upgraded their rating on this company from Mkt Underperform to Mkt Perform and changed their price target to $66.  About the company: Edwards Lifesciences Corporation designs, develops, manufactures, and markets products and services to treat late-stage cardiovascular disease. The Company’s products include tissue replacement heart valves, heart valve repair products, hemodynamic monitoring devices, angioscopy equipment, oxygenators, and pharmaceuticals. Edwards supplies its products to customers located worldwide.
  • Under Armour (NYSE:UA): FBR Capital upgraded their rating on this company from Mkt Perform to Outperform and changed its price target to $80.  About the company: Under Armour, Inc. develops, markets, and distributes branded performance products for men, women, and youth. The Company designs and sells a broad offering of apparel and accessories made of synthetic microfibers.
  • Zions Bancorp (NASDAQ:ZION): RBC Capital Mkts upgraded their rating on this company from Sector Perform to Outperform and changed their price target from $25 to $20.  About the company: Zions Bancorporation is a bank holding company that operates full-service banking offices in western United States. The Company also offers an array of investment, mortgage, insurance, and electronic commerce services. In addition, Zions provides financing solutions for small businesses across the United States.
  • Cathay Bancorp (NASDAQ:CATY): RBC Capital Mkts upgraded their rating on this company from Sector Perform to Outperform and changed their price target from $18 to $15.  About the company: Cathay General Bancorp is the holding company for Cathay Bank. The Bank accepts deposits and originates various loans, and offers trade financing, spot and forward contracts, internet banking, global investment services, and other services. Cathay Bank operates in California, New York, Texas, Washington, and Massachusetts.
  • BOK Financial (NASDAQ:BOKF): Stifel Nicolaus upgraded its rating on this company from Hold to Buy and changed its price target to $56.  About the company: BOK Financial Corporation is a multi-bank holding company. The Banks provide a range of deposit products, loans, and other financial services to businesses and consumers through offices and the Internet. BOK also offers trust services, electronic funds transfer services, online insurance, and other online services.
  • AmerisourceBergen (NYSE:ABC): Stifel Nicolaus upgraded its rating on this company from Hold to Buy and changed its price target to $49.  About the company: AmerisourceBergen Corporation is a pharmaceutical services company. The Company distributes pharmaceutical products and services. AmerisourceBergen distributes an offering of brand name and generic pharmaceuticals, over-the-counter healthcare products, home healthcare supplies and equipment, and related services to a variety of healthcare providers.
  • EXACT Sciences (NASDAQ:EXAS): Rodman & Renshaw upgraded its rating on this company from Mkt Perform to Mkt Outperform and changed its price target from $7 to $12.  About the company: Exact Sciences Corp., is focused on developing and commercializing a non-invasive molecular screening test for the early detection and prevention of colorectal cancer. The Company’s test is a stool-based DNA test that identifies both pre-cancer and cancer by detecting genetic mutations in colorectal cancer cells.
  • Quiksilver (NYSE:ZQK): FBR Capital upgraded its rating on this company from Underperform to Mkt Perform and changed its price target to $4.  About the company: Quiksilver, Inc. designs, produces, and distributes branded apparel, winter sports and golf equipment, footwear, accessories, and related products.
  • Gildan Activewear (NYSE:GIL): FBR Capital upgraded its rating on this company from Underperform to Mkt Perform and changed its price target to $27.  About the company: Gildan Activewear Inc. manufactures and markets branded basic activewear. The Company sells its products principally in the wholesale imprinted activewear segment of the North American apparel market. Gildan sells cotton T-shirts, placket collar golf shirts, tank tops, and sweatshirts.
  • VanceInfo Tech (NYSE:VIT): Kaufman Bros upgraded its rating on this company from Hold to Buy and changed its price target to $25.  About the company: VanceInfo Technologies Inc. is an information technology solutions and software development company. The Company’s services includes research and development enterprise solutions, application development and maintenance, quality assurance and testing, as well as globalization and localization.
  • General Motors (NYSE:GM): Ticonderoga upgraded its rating on this company from Neutral to Buy and changed its price target to $42.  About the company: General Motors Co. manufactures and markets new cars and trucks. The Company offers features for special needs drivers, OnStar vehicle protection, service, parts, accessories, maintenance, XM satellite radio, features for commercial owners, and more. General Motors offers its vehicles and services worldwide.
  • Waters (NYSE:WAT): Auriga upgraded its rating on these shares from Hold to Buy and changed its price target to $103.  About the company: Waters Corporation provides high-performance liquid chromatography products and services. The Company distributes its products worldwide to a wide range of industries such as pharmaceuticals, chemicals, and environmental testing. Waters also designs, manufactures, sells and services thermal analysis, rheometry and calorimetry instruments and related software products.
  • TCF Financial (NYSE:TCB): FBR Capital upgraded its rating on these shares from Underperform to Mkt Perform and changed its price target from $12 to $11.  About the company: TCF Financial Corporation is a national financial holding company. The Company provides retail and commercial banking services. TCF Financial also offers commercial leasing & equipment and commercial inventory financing.

(Note: Data on stock ratings are sourced from Briefing.com via the Wall St. Journal.  All data are assumed to be accurate.)

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