Mar 29, 2016

Posted by in Stock Reports | 0 Comments

Recent Brokerage Upgrades:Nabors Industries Ltd. (NYSE:NBR), McDermott International (NYSE:MDR), PAREXEL International Corporation (NASDAQ:PRXL)

Recent Brokerage Upgrades:Nabors Industries Ltd. (NYSE:NBR), McDermott International (NYSE:MDR), PAREXEL International Corporation (NASDAQ:PRXL)

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.

Scotia Howard Weil upgraded Nabors Industries Ltd. (NYSE:NBR) to Sector Outperform from Sector Perform on Monday. The stock has 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, 2 says it’s a buy, and 9 have assigned a strong buy rating to the company.

In a note to investors, Scotia Howard Weil upgraded McDermott International (NYSE:MDR) to Sector Outperform from Sector Perform. It has earned a consensus Buy rating, 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 2 have assigned a strong buy rating to the company.

According to a research note released on Monday, Sun Trust Rbsn Humphrey has upgraded PAREXEL International Corporation (NASDAQ:PRXL) from Buyto Neutral.The average analysts that follow this company have a ‘Buy’ rating, according to Zacks Investment Research. Among analysts covering the stock, 6 maintain strong buy rating, 0 set the stock as buy, 0 give underperform rating and 1 suggests selling.

 

 

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