Apr 1, 2016

Posted by in Stock Reports | 0 Comments

Analysts Give Thumbs Up To 3 Stocks:Applied Materials, Inc. (NASDAQ:AMAT), ArcelorMittal SA (ADR) (NYSE:MT), Superior Energy Services, Inc. (NYSE:SPN)

Analysts Give Thumbs Up To 3 Stocks:Applied Materials, Inc. (NASDAQ:AMAT), ArcelorMittal SA (ADR) (NYSE:MT), Superior Energy Services, Inc. (NYSE:SPN)

Analysts have been actively evaluating companies as long as there have been stocks, but they’re more popular and get more exposure than ever thanks to round-the-clock stock market news and online resources. Analysts’ notoriety has also increased. But while analysts typically have similar credentials, they aren’t all the same.

The reputation and credibility of a company and the research firm depends on the efforts they make to inform investors. A company does not want to be tarnished by being associated with disreputable research. Similarly, a research firm will only want to analyze companies that have strong fundamentals and long-term investment potential.

Exane BNP Paribas upgraded Applied Materials, Inc. (NASDAQ:AMAT) to Outperform from Underperform on Thursday. The stock has a consensus Strong Buy rating, according to Zacks Investment Research. Zero analyst has rated the stock with a sell rating, 4 have assigned a hold rating, 1 says it’s a buy, and 9 have assigned a strong buy rating to the company.

In a note to investors, Berenberg upgraded ArcelorMittal SA (ADR) (NYSE:MT) to Buy from Hold. It has earned a consensus Holdrating, according to Zacks Investment Research. Zero analyst has rated the stock with a sell rating, 5 have assigned a hold rating, 0 says it’s a buy and 0 have assigned a strong buy rating to the company.

According to a research note released on Thursday, Piper Jaffray has upgraded Superior Energy Services, Inc. (NYSE:SPN) from Overweight to Neutral.The average analysts that follow this company have a ‘Strong Buy’ rating, according to Zacks Investment Research. Among analysts covering the stock, 14 maintain strong buy rating, 1 set the stock as buy, 0 give underperform rating and 0 suggests selling.

 

 

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