Analysts’ upgrades for Tuesday, September 20th:

Abbott Laboratories (NYSE:ABT) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $47.00 price target on the stock. According to Zacks, “Abbott has been reshaping its portfolio through strategic acquisitions/divestitures for long term growth. In order to focus on its key areas – cardiovascular devices and diagnostics – Abbott has inked a deal to divest its vision care business, Medical Optics, to J&J. Moreover, the Alere acquisition should boost the company’s diagnostics business, while the St. Jude Medical buyout will complement its cardiovascular devices business and strengthen its long-term growth potential. Realignment of the EPD division through acquisitions in Latin America and Russia, along with business divestitures in developed markets, has positioned the company advantageously for the coming quarters. However, headwinds in the form of currency movements and weakness in the nutrition business in China continue to be a matter of concern.”

DaVita HealthCare Partners (NYSE:DVA) was upgraded by analysts at Raymond James Financial Inc. from a market perform rating to an outperform rating.

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Encana Corp. (NYSE:ECA) was upgraded by analysts at Zacks Investment Research from a hold rating to a strong-buy rating. The firm currently has $11.00 price target on the stock. According to Zacks, “Buoyed by a slew of positive developments, we are upgrading our investment thesis on Encana to a 'Strong Buy'. The Canadian energy behemoth – which posted a surprise operating profit in the June quarter on the back of reduced drilling costs and solid execution – holds one of the largest natural gas resource portfolios in North America. As such, the company is set to benefit from the commodity's recent price strength. Additionally, the steps undertaken by Encana to divest high-cost low-profit gas assets will increase its financial flexibility and fund the transition to a more diversified oil and gas firm. Finally, the recent equity offering will help it lower debt levels, apart from supporting more number of rigs in the Permian basin, where Encana is a top tier operator. Therefore, notwithstanding the stock's impressive run in the past 6 months, we believe that ECA offers more upside for investors going ahead.”

French Connection Group (LON:FCCN) was upgraded by analysts at Numis Securities Ltd to a buy rating. They currently have GBX 55 ($0.72) target price on the stock.

Genus plc (LON:GNS) was upgraded by analysts at N+1 Singer to a hold rating.

Goldman Sachs Group (NYSE:GS) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $186.00 price target on the stock. According to Zacks, “Goldman’s well-diversified business apart from its strong investment banking operations continues to ensure earnings stability. The company also seeks to capitalize on new growth opportunities through several strategic investments including its digital consumer lending platform. Further, venturing into the ETF market will act as a tailwind.  We remain optimistic as Goldman received regulators’ approval for its 2016 capital plan demonstrating its financial strength. However, lower client activity levels amid market volatility and global growth concerns continue to weigh on fixed income revenue. Also, litigations and stringent financial reforms remain headwinds.”

IAC/InterActiveCorp (NASDAQ:IAC) was upgraded by analysts at Wells Fargo & Co. from a market perform rating to an outperform rating.

Kinder Morgan (NYSE:KMI) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $25.00 target price on the stock. According to Zacks, “Kinder Morgan is one of the largest midstream companies in North America. We believe that the company’s size will prove to be advantageous with opportunities to build smaller adjacent pipelines at a lower cost than peers. Going forward, Kinder Morgan’s significant investments in a number of projects should help drive growth in the coming years. We also like the company’s focus on stable, fee-based, well-diversified assets and its strong balance sheet. In particular, we expect Kinder Morgan to seize attractive investment opportunities in the Eagle Ford and Haynesville shale plays. Such positives are likely to boost future earnings as well. Consequently, we think that KMI offers substantial upside potential from the current price levels.”

Newmont Mining Corp. (NYSE:NEM) was upgraded by analysts at Zacks Investment Research from a hold rating to a strong-buy rating. They currently have $44.00 target price on the stock. According to Zacks, “Estimates for Newmont have been moving up of late. Newmont is making notable progress with its growth projects that are expected to boost its production performance. We are also impressed with its cost management initiatives and efforts to reduce debts. Moreover, the acquisition of CC&V represents a significant opportunity for the company. “

Southwest Gas Corp. (NYSE:SWX) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “SOUTHWEST GAS CORP. is principally engaged in the business of purchasing, transporting, and distributing natural gas in portions of Arizona, Nevada, and California. The Company also engaged in financial services activities, through PriMerit Bank, Federal Savings Bank (PriMerit or the Bank), a wholly owned subsidiary. “

Tech Data Corp. (NASDAQ:TECD) was upgraded by analysts at Bank of America Corp. from a neutral rating to a buy rating.

Tarena International (NASDAQ:TEDU) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $16.00 price target on the stock. According to Zacks, “Tarena International, Inc. is a provider of professional education services in China. The Company specializes in Information Technology professional education services including classroom training. It offers education courses in nine IT subjects, such as Java, C++, software testing, PHP, embedded, Android, .NET, iOS, and Linux and network engineering; and two non-IT subjects comprising digital art, and online sales and marketing through live distance instruction, classroom-based tutoring, and online learning modules. Tarena International, Inc. is headquartered in Beijing, the People’s Republic of China. “

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