Panera Bread and These Stocks Upgraded by Analysts

Wall St. Watchdog reveals information about companies for which stock analysts upgraded their ratings on August 12th:

  • Panera Bread (NASDAQ:PNRA): Miller Tabak upgraded its rating on these shares from Hold to Buy and changed its price target from $118 to $125.  About the company: Panera Bread Company owns and franchises bakery cafes. The Company’s bakeries operate under the Panera Bread and Saint Louis Bread Co. names. Panera operates throughout the United States and offers free broadband Wi-Fi network.
  • Interface (NASDAQ:IFSIA): Longbow upgraded its rating on these shares from Neutral to Buy and changed its price target to $18.  About the company: Interface, Inc. manufactures, markets, installs, and services products for the commercial and institutional interiors market. The Company provides modular carpet, panel fabrics for use in open plan office furniture systems, and complementary products, as well as carpet replacement, installation, and maintenance services. Interface markets its products around the world.
  • Pall (NYSE:PLL): Wedbush upgraded these shares from Neutral to Outperform and changed its price target to $60.  About the company: Pall Corporation is a supplier of filtration, separation and purification technologies. The Company utilizes proprietary filter media and other fluid clarification and separation equipment for the removal of solid, liquid, and gaseous contaminants.
  • Nordstrom (NYSE:JWN): Stifel Nicolaus upgraded its rating on these shares from Hold to Buy and changed its price target to $52.  About the company: Nordstrom, Inc. is a fashion retailer of apparel, shoes, and accessories for men, women, and children. The Company operates through multiple retail channels, discount stores, boutiques, catalogs, and on the Internet. Nordstrom, Inc. also offers, through a subsidiary, private label card credit and debit cards.
  • Check Point Software (NASDAQ:CHKP): Stifel Nicolaus upgraded its rating on these shares from Hold to Buy and changed its price target to $65.  About the company: Check Point Software Technologies Ltd. develops, markets and supports a range of software and hardware products and services for information technology security and offers its customers a network and gateway security solutions, data and endpoint security solutions and management solutions.
  • Weyerhaeuser (NYSE:WY): RBC Capital Mkts upgraded its rating on these shares from Underperform to Sector Perform and changed its price target to $18.  About the company: Weyerhaeuser Company is an integrated forest products company with offices or operations worldwide. The Company primarily grows and harvests trees, develops and construct real estate and makes a range of forest products.
  • Discover Financial Services (NYSE:DFS): RBC Capital Mkts upgraded its rating on these shares from Outperform to Top Pick and changed its price target from $29 to $30.  About the company: Discover Financial Services is a credit card issuer and electronic payment services company. The Company issues credit cards and offers student and personal loans, as well as savings products such as certificates of deposit and money market accounts and operates an automated teller machine/debit network, which includes ATMs, as well as POS terminals nationwide.
  • Capital One (NYSE:COF): RBC Capital Mkts upgraded its rating on these shares from Sector Perform to Outperform and changed its price target from $49 to $56.  About the company: Capital One Financial Corporation is a diversified bank. The Bank, through its subsidiaries, offers a broad spectrum of financial products and services to consumers, small businesses and commercial clients both domestically and internationally. Capital One has bank locations in Connecticut, Louisiana, New Jersey, New York, and Texas.
  • PETsMART (NASDAQ:PETM): Oppenheimer upgraded its rating on these shares from Perform to Outperform and changed its price target to $49.  About the company: PetSmart, Inc. is a specialty retailer of products and services for pets. The Company operates pet superstores in the United States and Canada, as well as a pet supply catalog business, and an equity interest in PetSmart.com. PetSmart provides pet food and supplies, and offers full-service veterinary, grooming and pet training services.
  • Bed Bath & Beyond (NASDAQ:BBBY): Oppenheimer upgraded its rating on these shares from Perform to Outperform and changed its price target from $59 to $63.  About the company: Bed Bath & Beyond Inc. operates a nationwide chain of retail stores. The Company, through its retail stores, sells a wide assortment of merchandise principally including domestics merchandise and home furnishings as well as food, giftware, health and beauty care items and infant and toddler merchandise.
  • AutoZone (NYSE:AZO): Oppenheimer upgraded its rating on these shares from Perform to Outperform and changed its price target to $332.  About the company: AutoZone, Inc. is a specialty retailer of automotive replacement parts and accessories. The Company offers an extensive product line for cars, sport utility vehicles, vans and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories and non-automotive products. Autozone operates in United States and Puerto Rico, and Mexico.
  • RigNet (NASDAQ:RNET): Oppenheimer upgraded its rating on these shares from Perform to Outperform and changed its price target to $21.  About the company: RigNet Inc. is a data network infrastructure provider serving the remote communications needs of the oil and gas industry. The Company, Through a controlled and managed Internet Protocol/Multiprotocol Label Switching global network, delivers voice, data, video and other services such as real-time management and telemedicine services, under a multi-tenant model.
  • Xcel Energy (NYSE:XEL): Robert W. Baird upgraded its rating on these shares from Neutral to Outperform and changed its price target to $25.  About the company: Xcel Energy, Inc. provides electric and natural gas services. The Company offers a variety of energy-related services, including generation, transmission, and distribution of electricity and natural gas throughout the United States. Xcel utilities serve customers in portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas and Wisconsin.
  • Aqua America (NYSE:WTR): Robert W. Baird upgraded its rating on these shares from Neutral to Outperform and changed its price target to $24.  About the company: Aqua America Inc. is a water utility company. The Company supplies water to residential, commercial, industrial, and public customers. Aqua America serves residents through its water and wastewater operations in the Northeastern Southeastern, and Midwestern United States.
  • Wisconsin Energy (NYSE:WEC): Robert W. Baird upgraded its rating on theses shares from Neutral to Outperform and changed its price target to $32.  About the company: Wisconsin Energy Corporation is a diversified energy holding company. The Company, through its subsidiaries, provides utility services such as distributing electric, gas, steam, and water.
  • Southwestern Energy (NYSE:SWN): Robert W. Baird upgraded its rating on these shares from Neutral to Outperform and changed its price target from $47 to $45.  About the company: Southwestern Energy Company is an independent energy company primarily focused on natural gas and crude oil exploration, development and production (E&P) within the United States. The Company operations also include natural gas gathering, transmission, and marketing, as well as natural gas distribution.

(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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