Following is information on companies whose stock was upgraded by stock analysts today:
- Nutrisystem (NASDAQ:NTRI): Wedbush upgraded this stock from Neutral to Outperform and raised its price target from $17 to $19. About the company: NutriSystem, Inc. operates an online weight loss community. The Company’s Web site provides members with a weight management program that incorporates personal online counseling, individual diet and exercise plans, as well as other information. NutriSystem also markets the NutriSystem Sweet Success brand of diet meal replacement products through retail outlets. Competitors to Watch: eDiets.com Inc. (NASDAQ:DIET), Weight Watchers Intl., Inc. (NYSE:WTW), Herbalife Ltd. (NYSE:HLF), Schiff Nutrition Intl. Inc. (NYSE:WNI), Reliv International, Inc (NASDAQ:RELV), Hi-Tech Pharmacal Co. (NASDAQ:HITK), Cardium Therapeutics Inc. (AMEX:CXM), Nutraceutical Int’l Corp. (NASDAQ:NUTR), and Hospira, Inc. (NYSE:HSP)
- Qlik Tech (NASDAQ:QLIK): BMO Capital Markets upgraded this stock from Market Perform to Outperform and changed its price target from $29 to $40. About the company: QLIK Technologies Inc. develops business intelligence solutions. The Company’s software platform combines enterprise-class analytics and search functionality into a single platform. Competitors to Watch: Oracle Corporation (NASDAQ:ORCL), Progress Software Corp. (NASDAQ:PRGS), CA, Inc. (NASDAQ:CA), Intl. Business Machines Corp. (NYSE:IBM), Pegasystems Inc. (NASDAQ:PEGA), MicroStrategy Incorporated (NASDAQ:MSTR), SAP AG (NYSE:SAP), Microsoft Corporation (NASDAQ:MSFT), Red Hat, Inc. (NYSE:RHT).
- Emulex (NYSE:ELX): Morgan Keegan upgraded this stock from Mkt Perform to Outperform and changed its price target from $13.5 to $11. About the company: Emulex Corporation provides converged networking solutions for data centers. The Company’s product portfolio consists of storage adapters, network interface cards, encrypting adapters, controller chips, server management chips, embedded bridges, switches and routhers, and connectivity management software. Competitors to Watch: Brocade Communications Systems, Inc. (NASDAQ:BRCD), QLogic Corporation (NASDAQ:QLGC), LSI Corporation (NYSE:LSI), Hewlett-Packard Company (NYSE:HPQ), EMC Corporation (NYSE:EMC), Intel Corporation (NASDAQ:INTC), Dell Inc. (NASDAQ:DELL), Oracle Corporation (NASDAQ:ORCL), Cisco Systems, Inc. (NASDAQ:CSCO), and Intl. Business Machines Corp. (NYSE:IBM).
(Note: data on stock ratings is sourced from here. All data are assumed to be accurate.)
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