Stock Analyst Upgrades: DMND, PIR, PWR, CRH

Wall St. Watchdog reveals information about companies for which stock analysts upgraded the shares on September 19th.

  • Diamond Foods (NASDAQ:DMND): Northland Securities upgraded its rating on this company from Market Perform to Outperform and changed its price target from $60 to $100.  About the company: Diamond Foods, Inc. is a branded food company specializing in processing, marketing and distributing culinary, snack, in-shell and ingredient nuts.
  • Pier 1 Imports (NYSE:PIR): KeyBanc Capital Mkts upgraded its rating from Hold to Buy and changed its price target to $13.5.  About the company: Pier 1 Imports, Inc. retails decorative home furnishings, gifts, and related items.  Pier 1 stores are located in the United States, Puerto Rico, Canada, the United Kingdom, and Mexico.
  • Quanta Services (NYSE:PWR): FBR Capital upgraded its rating from Underperform to Outperform and changed its price target from $20 to $24.  About the company: Quanta Services, Inc. provides specialized contracting services to electric utilities, telecommunication and cable television operators, and governmental entities.  The Company also installs transportation control and lighting systems and provides specialty electric power and communication services for industrial and commercial customers.  Quanta performs projects across the United States.
  • CRH Plc. (NYSE:CRH): HSBC Securities upgraded its rating on this company from Underweight to Neutral.  No price target was given.  About the company: CRH plc manufactures cement, concrete products, aggregates, asphalt, clay bricks, chemical lime, security fencing products, and roofing, insulation and other building materials.  The Group also operates some 136 builders merchant locations and 54 DIY stores.  CRH, via its subsidiaries, operates in some 19 countries, including Ireland, the US, Spain, Germany and the Netherlands.

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

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