Bank Analysts Upgrade These Company Shares August 22nd

Wall St. Watchdog reveals information about companies for which stock analysts upgraded their shares on August 22nd:

  • ManTech (NASDAQ:MANT): Standpoint Research upgraded their rating on this company from Hold to Buy and changed their price target to $42.  About the company:  ManTech International Corporation delivers a variety of information technology and technical services to United States federal government customers.  The Company focuses on critical national defense programs for the intelligence community and Department of Defense.  ManTech designs, develops, and operates enterprise information technology and communication systems and infrastructures.
  • Viacom (NYSE:VIAB): Caris & Company upgraded their rating on this company from Above Average to Buy and changed their price target to $58.  About the company: Viacom is an entertainment content company.  The Company engages audiences on television, motion picture, Internet and motion picture, Internet and mobile platforms through many of the world’s entertainment brands.  It manages its operations through two reporting segments: Media Networks and Filmed Entertainment.
  • Murphy Oil (NYSE:MUR): Howard Weil upgraded their rating on this company from Market Perform to Market Outperform and changed their price target to $74.  About the company: Murphy Oil Corporation is a worldwide oil and gas exploration and production company with refining and marketing operations in the United States and the United Kingdom.  The Company also has exploration and production activities in countries that include the United States, Canada, the United Kingdom, Malaysia, and Ecuador.  Murphy Oil has retail operations as well in the United States.
  • Yingli Green Energy (NYSE:YGE): Avian upgraded their rating on this stock from Negative to Positive and changed their price target to $7.5.  About the company: Yingli Green Energy Holding Company Limited designs, manufactures and sells PV modules.  The Company also designs, assembles, sells and installs PV systems that are connected to an electricity transmission grid or those that operate on a stand-alone basis.
  • WesBanco Inc (NASDAQ:WSBC): Stifel Nicolaus upgraded their rating on this stock from Hold to Buy and changed their price target to $22.  About the company: WesBanco, Inc. is a multi-bank holding company.  The Company, through its subsidiaries, conducts general, commercial, and mortgage banking, as well as a trust business.  WesBanco provides its services to commercial, consumer, and government customers through offices located in West Virginia and eastern Ohio.
  • Webster Financial (NYSE:WBS): Stifel Nicolaus upgraded their rating on this company from Hold to Buy and changed their price target to $21.  About the company: Webster Financial Corporationis a bank holding company.  The Company’s banking subsidiary provides a wide range of financial services to individuals, families, and businesses throughout southern New England and eastern New York State.  Webster provides business and consumer banking, mortgage lending, financial planning, trust and investment services, as well as Internet banking.
  • United Banksh (NASDAQ:UBSI): Stifel Nicolaus upgraded their rating on this stock from Hold to Buy and changed their price target to $22.  About the company: United Bankshares, Inc. is a holding company that, through its subsidiaries, operates a network of offices in West Virginia, Maryland, Ohio, and Washington, DC.  The Banks attract deposits from the general public and originates a variety of loan products.
  • TrustCo Bank Corp NY (NASDAQ:TRST): Stifel Nicolaus upgraded their rating on this company from Hold to Buy and changed their price target to $5.5.  About the company: TrustCo Bank Corp NY is the holding company for TrustCo Bank, National Association.  The Bank operates banking offices and automated teller machines in Albany, Columbia, Greene, Rensselaer, Saratoga, Schenectady, Schoharie, Warren, and Washington Counties, New York.  TrustCo provides a wide range of personal and business banking services, including trust services.
  • Provident Finl (NYSE:PFS): Stifel Nicolaus upgraded their rating on this company from Hold to Buy and changed their price target to $14.5.  About the company: Provident Financial Services, Inc. is a bank holding company.
  • People’s United Financial (NASDAQ:PBCT): Stifel Nicolaus upgraded their rating on this company from Hold to Buy and changed their price target to $14.  About the company: People’s United Financial, Inc. is a bank holding company.  The Company, through its banking subsidiary, offers a full range of financial services to individual, corporate, and municipal customers primarily in Connecticut.  The Bank issues credit cards and provides brokerage and investment planning, asset management, equipment leasing, and insurance services.
  • Investors Bancorp (NASDAQ:ISBC): Stifel Nicolaus upgraded their rating on this company from Hold to Buy and changed their price target to $16.5.  About the company: Investors Bancorp, Inc. is the holding company for Investors Savings Bank.  The Bank attracts deposits from the general public and originates a variety of loans and also invests in securities.  Investors Savings Bank operates through a network of offices throughout New Jersey.
  • Fulton Fincl (NASDAQ:FULT): Stifel Nicolaus upgraded their rating on this company from Hold to Buy and changed their price target to $11.5.  About the company: Fulton Financial Corporation is a multi-bank holding company.  The Banks offer a full range of general retail and commercial banking services, including deposits, loans, equipment leasing and financing, and credit cards.  Fulton operates in Pennsylvania, Maryland, Delaware, and New Jersey.
  • Susquehanna Bank (NASDAQ:SUSQ): Stifel Nicolaus upgraded their rating on these shares from Sell to Hold.  No price target was given.  About the company: Susquehanna Bancshares, Inc. is a financial holding company, operating in multiple states.  The Bank provides financial services through its affiliate banks at locations in the mid-Atlantic region.  Susquehanna Bancshares also operates a trust and investment company, an asset management company, a property and casualty insurance brokerage company, and a leasing company.
  • First Comm Banc (NASDAQ:FCBC): Stifel Nicolaus upgraded their rating on these shares from Hold to Buy and changed their price target to $13.  About the company: First Community Bancshares, Inc. is the holding company for First Community Bank, N.A.  The Bank generates revenue primarily through commercial, real estate, and consumer lending within its respective market area.  The Company also operates investment management and mortgage banking companies.  First Community Bancshares operates in West Virginia, Virginia, and North Carolina.
  • First Commonwealth (NYSE:FCF): Stifel Nicolaus upgraded their rating from Hold to Buy and changed their price target to $5.25.  About the company: First Commonwealth Financial Corporation is a bank holding company.  The Company, through its subsidiaries, provides general banking business and offers a range of financial services including traditional retail banking services, such as savings, time deposits, mortgage, consumer installment, and commercial loans.
  • Dime Community (NASDAQ:DCOM): Stifel Nicolaus upgraded their rating from Hold to Buy and changed their price target to $15.  About the company: Dime Community Bancshares is a holding company for Dime Savings Bank of Williamsburgh.  The Bank provides financial services and residential mortgage loans to the greater New York metropolitan area.
  • City Holding Co (NASDAQ:CHCO): Stifel Nicolaus upgraded their rating from Hold to Buy and changed their price target to $35.  About the company: City Holding Company is a multi-bank holding company.  The Banks provide diversified financial products and services to consumers and local businesses in West Virginia, Ohio, and California.  City Holding provides credit, deposit, investment advisory, securities brokerage, insurance, and technology products and services.
  • Astoria Fincl (NYSE:AF): Stifel Nicolaus upgraded their rating from Sell to Hold.  No price target was given.  About the company: Astoria Financial Corporation is a bank holding company.  The Bank attracts deposits from the general public and invests those deposits, along with other funds, in a variety of loans and mortgage backed securities.
  • Hibbett Sporting (NASDAQ:HIBB): Needham upgraded their rating from Buy to Strong Buy and changed their price target from $45 to $47.  About the company: Hibbett Sports, Inc. operates a chain of sporting goods stores in the southeastern United States.  The stores sell athletic footwear, apparel, and equipment.
  • Sunpower (NASDAQ:SPWRA): Auriga upgraded their rating on this company from Sell to Hold and changed their price target to $14.  About the company: SunPower Corporation is an integrated solar products and services company that designs, manufactures and markets high-performance solar electric power technologies.

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