Investment Analysts’ Upgrades for February, 13th (ACRE, AHEXY, ALSN, ANDX, DBD, OBE, PGF, TCW, VZ, WAIR)

Investment Analysts’ upgrades for Tuesday, February 13th:

Ares Commercial Real Estate (NYSE:ACRE) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. The firm currently has $14.00 price target on the stock. According to Zacks, “Ares Commercial Real Estate Corporation is a specialty finance company focused on originating, investing in and managing middle-market commercial real estate loans and other commercial real estate investments. The Company’s financing solutions are comprised of its target investments, which include the following: Transitional senior mortgage loans, Stretch senior mortgage loans, Subordinate debt mortgage loans and Other CRE debt and preferred equity investments. Ares Commercial Real Estate Corporation is based in Chicago, Illinois. “

Adecco Group (OTCMKTS:AHEXY) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. The firm currently has $43.00 target price on the stock. According to Zacks, “Adecco Group offers a wide variety of services that connects colleagues with clients every day. The services offered fall into the broad categories of temporary staffing, permanent placement, outsourcing, consulting and outplacement. It also provides services in various business lines such as information technology, finance and legal, engineering and technical, medical and science, human capital solutions, sales, marketing and events. Adecco S.A. is headquartered in Glattbrugg, Switzerland. “

Allison Transmission (NYSE:ALSN) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. The firm currently has $47.00 price target on the stock. According to Zacks, “Allison Transmission Holdings, Inc. is engaged in the manufacturing of fully-automatic transmissions for medium- and heavy-duty commercial vehicles, medium- and heavy-tactical U.S. military vehicles and hybrid-propulsion systems for transit buses. The Company’s products are used in a variety of applications including on-highway trucks, buses, motorhomes, off-highway vehicles and equipment and military vehicles. Allison Transmission Holdings, Inc. is headquartered in Indianapolis, Indiana. “

Andeavor Logistics (NYSE:ANDX) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Andeavor Logistics LP engages in the ownership, operation, development and acquisition of crude oil and refined products logistics assets. It operating segments consist of Gathering, Processing and Terminalling and Transportation. Gathering segment consists of crude oil, natural gas and produced water gathering systems in the North Dakota Williston Basin/Bakken Shale area and the Uinta, Vermillion and greater Green River basins. Processing segment consists of gas processing complexes, including an interest in Green River Processing LLC, which owns fractionation facility and gas processing complexes. Terminalling and Transportation segment consists of regulated common carrier products pipeline running from Salt Lake City, Utah to Spokane, Washington and a jet fuel pipeline to the Salt Lake City International Airport. Andeavor Logistics LP, formerly known as Tesoro Logistics LP, is headquartered in San Antonio, TX. “

Diebold Nixdorf (NYSE:DBD) was upgraded by analysts at Lake Street Capital from a hold rating to a buy rating.

Obsidian Energy (TSE:OBE) was upgraded by analysts at Canaccord Genuity from a hold rating to a speculative buy rating.

Pengrowth Energy (TSE:PGF) (NYSE:PGH) was upgraded by analysts at Canaccord Genuity from a sell rating to a hold rating.

Trican Well Service (TSE:TCW) was upgraded by analysts at Raymond James Financial, Inc. from an outperform rating to a strong-buy rating. They currently have C$8.00 target price on the stock.

Verizon Communications (NYSE:VZ) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. The firm currently has $56.00 price target on the stock. According to Zacks, “Verizon posted mixed fourth-quarter 2017 results with a massive gain of 1.174 million postpaid customers but lost 0.184 million prepaid customers. Verizon plans to launch 5G wireless residential broadband services in several U.S. markets in 2018. Verizon is planning to launch a theme-based online streaming TV service in 2018, backed by the digital streaming deal with the National Football League (NFL). Verizon is targeting the SMB segment with Fios Current TV video services. The company is boosting its fiber network assets with new buyouts. Verizon expects positive growth in 2018 on the back of the expected savings from tax reform. Over the past three months, the stock price grew 13.4% as against the industry’s gain of 6.1%. However, Verizon continues to struggle in a highly competitive and saturated wireless market. Losses in wireline access lines, marketing costs of promotional plans, competitive video market are other major risks.”

Wesco Aircraft (NYSE:WAIR) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Wesco Aircraft Holdings, Inc. distributes and provides supply chain management services to the global aerospace industry. It offers inventory of aerospace parts, including hardware, bearings, tools, electronic components and machined parts. The Company’s services range from traditional distribution to the management of supplier relationships, quality assurance, kitting, just-in-time delivery and point-of-use inventory management. Wesco Aircraft Holdings, Inc. is headquartered in Valencia, California. “

Xtep International (OTCMKTS:XTEPY) was upgraded by analysts at Zacks Investment Research from a strong sell rating to a hold rating. According to Zacks, “Xtep International Holdings Limited is engaged in the designing, developing, manufacturing and marketing sportswear, including footwear, apparel and accessory products. Its products are sold under the Xtep brand and the Koling brand. It sells its products through its distribution network comprising distributors and third-party retailers, as well as online. Xtep International Holdings Limited is headquartered in Quanzhou, the People’s Republic of China. “

Zagg (NASDAQ:ZAGG) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $18.00 target price on the stock. According to Zacks, “ZAGG Inc. designs, manufactures and distributes protective clear coverings and accessories for consumer electronic and hand-held devices, worldwide. ZAGG’s flagship brand, the invisibleSHIELD, is a protective, high-tech patented film covering, designed for iPods, laptops, cell phones, digital cameras, PDAs, watch faces, GPS systems, gaming devices and other items. The patent-pending invisibleSHIELD application is the first scratch protection solution of its kind on the market, and has sold over one million units. Currently, ZAGG offers over 2,500 precision pre-cut designs with a lifetime replacement warranty through online channels, resellers, college bookstores, Mac stores and mall kiosks. The company continues to increase its product lines to offer additional electronic accessories to its tech-savvy customer base, as well as an expanded array of invisibleSHIELD products for other industries. “

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