Mar 30, 2016

Posted by in Stock Reports | 0 Comments

New Stock Upgrades: Cleco Corporation (NYSE:CNL), Sensata Technologies Holding N.V. (NYSE:ST), Old National Bancorp (NASDAQ:ONB)

New Stock Upgrades: Cleco Corporation (NYSE:CNL), Sensata Technologies Holding N.V. (NYSE:ST), Old National Bancorp (NASDAQ:ONB)

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.

Ladenburg Thalmannupgraded Cleco Corporation (NYSE:CNL) to neutral from sell on Tuesday. The stock has a consensus Holdrating, according to Zacks Investment Research. One analyst has rated the stock with a sell rating, 2 have assigned a hold rating, 0 says it’s a buy, and 0 have assigned a strong buy rating to the company.

In a note to investors, Sun Trust Rbsn Humphrey upgraded Sensata Technologies Holding N.V. (NYSE:ST) to Buy from neutral. It has earned a consensus Buy rating, according to Zacks Investment Research. Zero analyst has rated the stock with a sell rating, 7 have assigned a hold rating, 0 says it’s a buy and 7 have assigned a strong buy rating to the company.

According to a research note released on Tuesday, Raymond James has upgraded Old National Bancorp (NASDAQ:ONB) from Outperform to Mkt Perform.The average analysts that follow this company have a ‘Hold’ rating, according to Zacks Investment Research. Among analysts covering the stock, 0 maintain strong buy rating, 0 set the stock as buy, 0 give underperform rating and 0 suggests selling.

 

 

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