Research Analysts’ upgrades for Wednesday, January 3rd:

Apple (NASDAQ:AAPL) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $190.00 price target on the stock. According to Zacks, “Apple shares have vastly outperformed the S&P 500, in the past one year. The company is benefiting from steady iPhone sales, spurt in Services segment and a resurgence in Mac and iPad sales. The company is anticipated to benefit from the strong demand of iPhone X in mature markets, which will help it to sustain momentum in the near term. Going ahead, we believe foray into fast-growing technologies like autonomous vehicle, artificial intelligence (AI) & AR/VR are long-term drivers. Estimates have remained stable ahead of the company's Q1 earnings release. The company has positive record of earnings surprises in recent quarters. However, the new iPhone X at $999 is quite pricey, particularly for cost sensitive markets like India. Intensifying competition from cheaper Chinese handset-makers remains a concern.”

Ambarella (NASDAQ:AMBA) was upgraded by analysts at Oppenheimer Holdings Inc. from a market perform rating to an outperform rating.

ANGI Homeservices (NASDAQ:ANGI) was upgraded by analysts at MKM Partners from a neutral rating to a buy rating. MKM Partners currently has $15.00 price target on the stock.

Becton Dickinson and (NYSE:BDX) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. The firm currently has $240.00 price target on the stock. According to Zacks, “In the last six months,  Becton, Dickinson and Company, popularly known as BD, has outperformed the broader industry. BD recently completed the acquisition of C. R. Bard. The company will establish a new segment — BD Interventional in which Bard will be integrated. We view the acquisition as a strategic one which will generate benefits from complementary businesses and geographical expansion. Further, BD announced that it will divest its soft tissue core needle biopsy products for $100 million to Merit Medical. On the flipside, lackluster performance by the Medical segment is a concern. Performance in the segment was affected by sluggishness in the Medication Management Solutions and Pharmaceutical Systems units in the United States. BD temporarily paused shipments of its insulin infusion sets. The voluntary recall of Barricor blood collection tubes in the recent past also adds to our woes.”

Chubb (NYSE:CB) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $164.00 price target on the stock. According to Zacks, “Chubb stands a good chance of taking leadership in the P&C space, benefiting from compelling products and services. Its inorganic growth story is impressive, helping it achieve higher long-term ROE. Investment results are exhibiting improvement owing to improving rate environment. A strong capital position helps Chubb boost in shareholders’ value and invest in strategic initiatives to drive growth. Notably, it is on track to achieve annual run-rate integration-related savings of $875 million (up from $800 million guided earlier) by the end of 2018. The Zacks Consensus Estimate for 2018 moved north in the last 60 days. However, exposure to cat loss and escalating expenses raise concerns for Chubb. The company estimates fourth quarter cat loss from wildfire in California to be about $249 million and another $34 million from all other natural catastrophe. Shares of Chubb have undeperformed the industry in a year's time.”

Church & Dwight (NYSE:CHD) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $56.00 target price on the stock. According to Zacks, “Church & Dwight’s constant investments in product innovations and focus on buyouts has been paying off, as evident from its solid record, which was also retained in third-quarter 2017. Both top and bottom lines grew year over year and topped estimates. Results were backed by organic sales growth across all segments, which was driven by higher volumes. While this marked the company’s 4th straight quarter of positive earnings surprise, sales have outpaced the consensus mark in 12 out of the last 14 quarters. However, the company has lagged the industry in the past six months, somewhat due to high promotional costs. Promotional and R&D costs also dented margins in the third quarter. Moreover, stiff competition and a tough pricing environment remain concerns for the company. Nonetheless, management expects its strong portfolio and productivity programs to keep driving performance. Notably, it expects earnings growth of 8.5% in 2017.”

Five Below (NASDAQ:FIVE) was upgraded by analysts at Deutsche Bank AG from a hold rating to a buy rating. They currently have $54.00 price target on the stock.

Lazard (NYSE:LAZ) was upgraded by analysts at Nomura from a neutral rating to a buy rating.

Libbey (NYSEAMERICAN:LBY) was upgraded by analysts at Zacks Investment Research from a strong sell rating to a hold rating. According to Zacks, “Libbey is the leading producer of glass tableware in the U.S. and Canada. Libbey is also a major supplier of other tabletop products to the foodservice industry in the U.S. Libbey’s products are sold to a broad range of foodservice, retail, industrial and premium customers and are exported to more than 100 countries. The Company designs, manufactures and markets, under the LIBBEY(R) brand name, an extensive line of high-quality, machine-made glass beverageware and other glass tableware, including plates, bowls, serveware and accessories. “

LCI Industries (NYSE:LCII) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “LCI Industries is a supplier of components to the recreational vehicle and manufactured housing industries as well as adjacent industries including bus, cargo and equestrian trailer, marine and heavy truck. The company’s product portfolio includes awnings, suspension enhancement, chassis, doors and laminates, electronics, interior, software and apps, windows and glass, thermoformed bath and kitchen products. LCI Industries, formerly known as formerly Drew Industries Incorporated, is based in Elkhart, Indiana. “

Lindblad Expeditions (NASDAQ:LIND) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Lindblad Expeditions Holdings, Inc. is an expedition travel company. It produce marine expedition programs and promote conservation and sustainable tourism. The company operates expeditions on intimately-scaled ships and allows interaction between guests, crew and the teams of scientists, naturalists, researchers and photographers. Lindblad Expeditions Holdings, Inc. is headquartered in New York. “

Lakeland Financial (NASDAQ:LKFN) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $54.00 price target on the stock. According to Zacks, “LAKELAND FINANCIAL CORP. is a bank holding company engaged in general banking business. “

Lumber Liquidators (NYSE:LL) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. The firm currently has $35.00 price target on the stock. According to Zacks, “Lumber Liquidators, Inc. found its niche market in hardwood flooring. Lumber Liquidators prides itself on having one of the largest inventories of prefinished and unfinished hardwood floors in the industry. There are flooring experts in every store ready to help, and free samples are available. Lumber Liquidators carries solid and engineered hardwood, laminate flooring, bamboo flooring, cork flooring, vinyl flooring, wood-look tile flooring, butcher blocks, mouldings, accessories and tools. It negotiates directly with the mills, eliminating the middleman and passing the savings on to the customers. The environmentally conscientious company only purchases from suppliers who practice sustainable harvesting, which allows forests to heal and re-grow faster. Everything Lumber Liquidators sells (unless specified otherwise) is first-quality, graded to industry specifications, and available in standard flooring lengths. “

Landec (NASDAQ:LNDC) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Landec Corp. engages in designing, developing, manufacturing and selling of products for food and biomaterials markets and license technology applications. Its operating segment consists of Packaged Fresh Vegetables, Food Export and Biomaterials. Packaged Fresh Vegetables segment includes marketing and packing specialty packaged whole and fresh-cut fruit and vegetables. Food Export segment consists of sale of whole commodity fruit and vegetable product. Biomaterials segment sells products utilizing hyaluronan, a naturally occurring polysaccharide which is distributed in the extracellular matrix of connective tissues in both animals and humans. Landec Corp. is headquartered in Menlo Park, CA. “

Lantheus (NASDAQ:LNTH) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $23.00 price target on the stock. According to Zacks, “Lantheus Holdings, Inc. is involved in developing, manufacturing, selling and distributing diagnostic medical imaging agents and products for diagnosis of cardiovascular and other diseases. It serves to hospitals, clinics, group practices, integrated delivery networks, group purchasing organizations, radiopharmacies and wholesalers. Lantheus Holdings, Inc. is based in NORTH BILLERICA, United States. “

Lenovo Group (OTCMKTS:LNVGY) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Lenovo Group Limited is a personal technology company. The Company is dedicated to building PCs and mobile internet devices. Lenovo’s business is built on product innovation, a highly-efficient global supply chain and strong strategic execution. Formed by Lenovo Group’s acquisition of the former IBM Personal Computing Division, the company develops, manufactures and markets reliable, high-quality, secure and easy-to-use technology products and services. Its product lines include legendary Think-branded commercial PCs and Idea-branded consumer PCs, as well as servers, workstations, and a family of mobile internet devices, including tablets and smart phones. Lenovo has major research centers in Yamato, Japan; Beijing, Shanghai and Shenzhen, China; and Raleigh, North Carolina. Lenovo Group Limited is based in Quarry Bay, Hong Kong. “

Leap Therapeutics (NASDAQ:LPTX) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $7.00 target price on the stock. According to Zacks, “Leap Therapeutics, Inc. is a biopharmaceutical company. It develops novel therapeutics for the treatment of cancer. Leap Therapeutics, Inc. is based in Cambridge, United States. “

La Quinta (NYSE:LQ) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “La Quinta Holdings Inc. is an owner, operator and franchisor of select-service hotels in the United States, primarily serving the midscale and upper-midscale segments. It provides franchise services to hotels in the U.S., Canada and Mexico under the La Quinta Inns & Suites (TM) and La Quinta Inn (TM) brands. La Quinta Holdings Inc. is headquartered in Irving, Texas. “

K12 (NYSE:LRN) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “K12 Inc., a technology-based education company, is a leading national provider of proprietary curriculum and educational services created for online delivery to students in kindergarten through 12th grade, or K-12. Its mission is to maximize a child’s potential by providing access to an engaging and effective education, regardless of geographic location or socio-economic background. “

Liberty Interactive Co. – Series A Liberty Ventures (NASDAQ:LVNTA) was upgraded by analysts at Zacks Investment Research from a hold rating to a strong-buy rating. The firm currently has $62.00 price target on the stock. According to Zacks, “The Liberty Ventures Group is primarily focused on business investments. The Company owns interests in home shopping television networks and lifestyle and travel services Internet websites. The Liberty Ventures Group is headquartered in Englewood, Colorado. “

Lifeway Foods (NASDAQ:LWAY) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “LIFEWAY FOODS, INC. produces Kefir, a drinkable product similar to, but distinct from yogurt, in several flavors sold under the name Lifeway’s Kefir. “

LSI Industries (NASDAQ:LYTS) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “LSI Industries is an Image Solutions company, combining integrated design, manufacturing, & technology to supply its own high quality lighting fixtures and graphics elements for applications in the retail, specialty niche, & commercial markets. The Company’s Lighting Segment produces high performance products dedicated to the outdoor, architectural outdoor, indoor, architectural indoor and accent/downlight markets. The Graphics Segment provides a vast array of products and services including signage, menu board systems, active digital signage, decorative fixturing, design support, engineering & project management for custom programs for today’s retail environment. The Company’s Technology Segment develops and designs high performance light engines, digital signage and other products using LED lighting technology, including large format LED video screens for the entertainment & sports markets. LSI’s major markets are the petroleum convenience store multisite retail & the commercial industrial lighting markets. “

Masco (NYSE:MAS) was upgraded by analysts at Zacks Investment Research from a sell rating to a buy rating. They currently have $49.00 price target on the stock. According to Zacks, “Shares of Masco outperformed the industry it belongs to, in the past year. Masco, being one of the leading cabinet manufacturers in the United States, operates through various divisions and offers a large number of products. The company regularly divests its less profitable and underperforming businesses to focus on core areas in a bid to accelerate growth and improve shareholders’ value. Strong demand from repair and remodeling products led to a 3% increase in North American sales in the first nine months of 2017. However, hurricanes have negatively impacted the quarter delaying deliveries and installation schedules. For 2017 earnings, Masco slashed the upper end of its earlier guided range owing to the impact of hurricanes.”

Mattersight (NASDAQ:MATR) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Mattersight Corporation, formerly known as eLoyalty Corporation, operates as an enterprise analytics service provider. The Company’s Behavioral Analytics service captures, analyzes, and creates insight from unstructured conversations, emails, employee desktop activity, and customer data. Services offered by the Company is applicable in improving call center performance, increase customer satisfaction and customer retention, reduce fraud, and streamline back office operations. Mattersight Corporation is based in Lake Forest, Illinois. “

Middlefield Banc (NASDAQ:MBCN) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $54.00 price target on the stock. According to Zacks, “Middlefield Banc Corp. is a bank holding company for The Middlefield Banking Company. It offers its customers a broad range of banking services, including checking, savings, and negotiable order of withdrawal (NOW) accounts; money market accounts; time certificates of deposit, commercial loans, real estate loans, and various types of consumer loans; safe deposit facilities, and traveller’s checks. The Company also offers online banking and bill payment services. Middlefield Banc Corp. is headquartered in Middlefield, Ohio. “

Olin (NYSE:OLN) was upgraded by analysts at Vertical Research from a hold rating to a buy rating.

Stifel Financial (NYSE:SF) was upgraded by analysts at Nomura from a neutral rating to a buy rating.

Vipshop (NYSE:VIPS) was upgraded by analysts at HSBC Holdings plc from a reduce rating to a hold rating.

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