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Research Analysts’ upgrades for Friday, May 23rd:

Cobham plc (LON:COB) was upgraded by analysts at Investec to a reduce rating. The firm currently has GBX 300 ($5.05) price target on the stock, up from their previous price target of GBX 285 ($4.79).

Darty PLC (LON:DRTY) was upgraded by analysts at Citigroup Inc. to a buy rating. The firm currently has GBX 115 ($1.93) target price on the stock, down from their previous target price of GBX 130 ($2.19).

FireEye (NASDAQ:FEYE) was upgraded by analysts at Barclays from an equal weight rating to an overweight rating. Barclays currently has $40.00 price target on the stock, down from their previous price target of $50.00.

German American Bancorp (NASDAQ:GABC) was upgraded by analysts at Keefe, Bruyette & Woods to an outperform rating. The firm currently has $30.00 target price on the stock, up from their previous target price of $29.00.

St. Joe (NYSE:JOE) was upgraded by analysts at Raymond James from a market perform rating to an outperform rating. They currently have $25.00 target price on the stock.

L Brands (NYSE:LB) was upgraded by analysts at Stifel Nicolaus from a hold rating to a buy rating. Stifel Nicolaus currently has $68.00 price target on the stock.

Motive Television Plc (LON:MTV) was upgraded by analysts at JPMorgan Chase & Co. to an overweight rating. They currently have GBX 270 ($4.54) price target on the stock, down from their previous price target of GBX 285 ($4.79).

Portfolio Recovery Associates (NASDAQ:PRAA) was upgraded by analysts at Janney Montgomery Scott from a neutral rating to a buy rating. They currently have $60.00 target price on the stock.

Rubicon Technology (NASDAQ:RBCN) was upgraded by analysts at Oppenheimer from an underperform rating to a market perform rating. They noted that the move was a valuation call. The analysts noted that the move was a valuation call.

Royal Mail PLC (LON:RMG) was upgraded by analysts at Citigroup Inc. to a neutral rating. They currently have GBX 531 ($8.93) target price on the stock.

RTI International Metals (NYSE:RTI) was upgraded by analysts at JPMorgan Chase & Co. from a neutral rating to an overweight rating. The firm currently has $34.00 target price on the stock, up from their previous target price of $32.00.

Smiths Group plc (LON:SMIN) was upgraded by analysts at Numis Securities Ltd to a hold rating. Numis Securities Ltd currently has GBX 1,235 ($20.77) price target on the stock.

United Utilities Group PLC (LON:UU) was upgraded by analysts at Goldman Sachs to a buy rating. The firm currently has GBX 914 ($15.37) target price on the stock.

Wipro Limited (NYSE:WIT) was upgraded by analysts at Barclays from an underweight rating to an equal weight rating.

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