Analysts’ Upgrades for May, 17th (CM, COLB, CPIX, CTRE, CYCC, DX, ELAN, EQH, EXP, FANUY)

Analysts’ upgrades for Friday, May 17th:

Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “CIBC is a leading North American financial institution that offers a full range of products and services through its comprehensive electronic banking network, branches and offices across Canada, in the United States and around the world. It offers these services through two distinct business lines: CIBC Retail Markets and CIBC World Markets. The former comprises CIBC’s personal, business banking and wealth businesses. It provides a full range of financial products and services to personal, business and wealth management clients, as well as investment management services globally to retail and institutional clients. CIBC is headquartered in Toronto, Canada. “

Columbia Banking System (NASDAQ:COLB) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Columbia Banking System, Inc. is a registered bank holding company whose wholly owned subsidiary, Columbia State Bank,conducts a full-service commercial banking business. Headquartered in Tacoma, Washington, the Company provides a full range of banking services to small and medium-sized businesses, professionals and other individuals through banking offices located in the Tacoma metropolitan area and contiguous parts of the Puget Sound region of Washington, as well as the Longview and Woodland communities in southwestern Washington. “

Cumberland Pharmaceuticals (NASDAQ:CPIX) was upgraded by analysts at Zacks Investment Research from a hold rating to a strong-buy rating. The firm currently has $7.00 target price on the stock. According to Zacks, “Cumberland Pharmaceuticals, Inc., headquartered in Nashville, Tennessee, is a specialty pharmaceutical company focused on acquiring, developing, and commercializing branded prescription products for the acute care and gastroenterology markets. The company’s lead product candidate, Amelior, which is in phase III clinical trials, is an intravenous formulation of ibuprofen for the treatment of both pain and fever. Its products also comprise Acetadote, an intravenous formulation of N-acetylcysteine for the treatment of acetaminophen poisoning; and Kristalose, a prescription laxative product, which is a crystalline form of lactulose to enhance patient acceptance and compliance. In addition, the company is developing a treatment for fluid buildup in the lungs of cancer patients and an anti-infective for treating fungal infections in immuno-compromised patients. “

Caretrust REIT (NASDAQ:CTRE) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. The firm currently has $28.00 price target on the stock. According to Zacks, “CareTrust REIT, Inc. is a real estate investment trust. It is primarily engaged in the ownership, acquisition and leasing of healthcare-related properties. The Company leases healthcare facilities to healthcare operators in triple-net lease arrangements. CareTrust REIT, Inc. is based in United States. “

Cyclacel Pharmaceuticals (NASDAQ:CYCC) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “CYCLACEL is a biopharmaceutical company dedicated to the discovery, development and commercialization of novel, mechanism-targeted drugs to treat human cancers and other serious disorders. Three orally-available Cyclacel drugs are in clinical development. Sapacitabine, a cell cycle modulating nucleoside analog, is in Phase 2 studies for the treatment of acute myeloid leukemia in the elderly, myelodysplastic syndromes and cutaneous T-cell lymphoma. Seliciclib (CYC202 or R-roscovitine), a CDK inhibitor, is in Phase 2 for the treatment of lung cancer and nasopharyngeal cancer. “

Dynex Capital (NYSE:DX) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Dynex Capital, Inc. and its Subsidiaries and Affiliates, is a mortgage and consumer finance company which uses its loan production operations to create investments for its portfolio. Currently, the Company’s primary production operations include the origination of mortgage loans secured by multi-family properties and the origination of loans secured by manufactured homes. The Company has recently expanded its production activities to include commercial real estate loans and may expand into other financial products in the future. “

Elanco Animal Health (NASDAQ:ELAN) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. The firm currently has $37.00 target price on the stock. According to Zacks, “Elanco Animal Health Incorporated operates as an animal health care company. It develops, manufactures and markets products for companion and food animals. Elanco Animal Health Incorporated is based in Greenfield, United States. “

AXA Equitable (NYSE:EQH) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. The firm currently has $24.00 price target on the stock. According to Zacks, “AXA Equitable Holdings Inc. provides financial services which includes investment management insights and advisory solutions. The Company’s operating segments consists of Individual Retirement, Group Retirement, Investment Management and Research, Protection Solutions and Corporate and Other. AXA Equitable Holdings Inc. is based in New York. “

Eagle Materials (NYSE:EXP) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Eagle Materials Inc. manufactures and distributes Cement, Concrete and Aggregates, Gypsum Wallboard, Recycled Paperboard, and Oil and Gas Proppants from more than 75 facilities across the US. The Company’s Cement and Concrete and Aggregates segments participate in the construction products sector; Gypsum Wallboard and Recycled Paperboard segments participate in the building materials sector; and Oil and Gas Proppants segment participates in the oil and gas exploration sector. Eagle Materials manufactures and distributes concrete and aggregates products that are used in highway construction and maintenance and to construct residential and commercial buildings. Eagle operates aggregates quarries and concrete plants in central Texas, northern California, Kansas and Missouri. Eagle Materials is committed to building a low delivered-cost Northern white sand supply system for the energy sector. “

FANUC LTD JAPAN/ADR (OTCMKTS:FANUY) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Fanuc Ltd. is a manufacturer of factory automation and robots. It is engaged in the development, manufacture, sale and maintenance of robots and factory automation products primarily in Japan, US, Europe and other Asian countries. The Company’s technology is applied in the automation of machine tools. Its products lineup includes: computer numerical control series; servo motors; carbon dioxide laser oscillators; industrial lasers; robots and robot machines; machine for milling and boring, precision molding machines, wire-cut electric discharge machine and nano control technology based machines that have their applications in optical electronics, medical, semiconductor and biotechnology fields. Fanuc Ltd. is headquartered in Yamanashi Prefecture, Japan. “

FBL Financial Group (NYSE:FFG) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “FBL FINANCIAL GROUP, INC. is a holding company and hrough its subsidiaries underwrites, markets and distributes life insurance, annuities, property-casualty insurance and mutual funds to individuals and small businesses in 15 midwestern and western states. The Company has exclusive marketing arrangements with the state Farm Bureau Federations in its territory and targets sales to approximately 700,000 Farm Bureau member families and other rural, small town andsuburban residents through an exclusive agency force. The Company offers a full range of life insurance products. “

Essentra (OTCMKTS:FLRAF) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Essentra plc manufactures and supplies specialty plastic, fiber, foam and packaging products. The Company produces plastic molded and adhesive coated foam and metal products, custom bonded fiber and foam components, self adhesive tear tape, labels, products and technologies. Essentra plc is headquartered in Milton Keynes, the United Kingdom. “

FS Bancorp (NASDAQ:FSBW) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “FS Bancorp, Inc. is a holding company of 1st Security Bank of Washington that delivers banking and financial services to local families, local and regional businesses and industry niches within distinct Puget Sound area communities. It originates home improvement loans, commercial real estate mortgage loans, commercial business loans, and second mortgage/home equity loan products, consumer loans, including home improvement loans. The company also offers various lending products, such as commercial real estate, commercial business, and residential construction lending. FS Bancorp, Inc. is headquartered in Mountlake Terrace, Washington. “

Cedar Fair (NYSE:FUN) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Cedar Fair, L.P. and its affiliated companies own and operate five amusement parks: Cedar Point, Knott’s Berry Farm, Dorney Park & Wildwater Kingdom, Valleyfair, and Worlds of Fun/Oceans of Fun. The parks are family-oriented, with recreational facilities for people of all ages, and provide clean and attractive environments with exciting rides and entertainment. The company also owns and operates four hotel facilities. Cedar Point also owns and operates the Cedar Point Marina, one of the largest full-service marinas on the Great Lakes. “

Forward Air (NASDAQ:FWRD) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Forward Air Corporation is a leading provider of ground transportation and related logistics services to the North American air freight and expedited LTL market. Forward Air provides services within four business segments: Expedited LTL (provides expedited regional, inter-regional and national LTL services, including local pick-up and delivery, shipment consolidation/deconsolidation, warehousing, and customs brokerage by utilizing a comprehensive national network of terminals); Truckload Brokerage (provides expedited truckload brokerage, dedicated fleet services, as well as high-security and temperature-controlled logistics services); Intermodal (provides first-and last-mile high-value drayage services both to and from seaports and railheads, dedicated contract and Container Freight Station warehouse and handling services); and Pool Distribution (provides high-frequency handling and distribution of time sensitive product to numerous destinations within a specific geographic region). “

Linde (NYSE:LIN) was upgraded by analysts at DZ Bank AG to a buy rating.

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