Mar 28, 2016

Posted by in Stock Reports | 0 Comments

Three Stocks Receive Upgrades From Analysts: Southern Copper Corp (NYSE:SCCO), American Airlines Group Inc (NASDAQ:AAL), Vale SA (NYSE:VALE)

Three Stocks Receive Upgrades From Analysts: Southern Copper Corp (NYSE:SCCO), American Airlines Group Inc (NASDAQ:AAL), Vale SA (NYSE:VALE)

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.

BofA/Merrill upgraded Southern Copper Corp (NYSE:SCCO) to Neutral from Underperform on Thursday. The stock has a consensus Buy rating, according to Zacks Investment Research. No analyst has rated the stock with a sell rating, 9 have assigned a hold rating, Zero says it’s a buy, and 1 has assigned a strong buy rating to the company.

In a note to investors, Raymond James upgraded American Airlines Group Inc (NASDAQ:AAL) to Outperform from Mkt Perform. It has earned a consensus Strong Buy rating, according to Zacks Investment Research. No analyst has rated the stock with a sell rating, 3 have assigned a hold rating, 1 says it’s a buy and 9 have assigned a strong buy rating to the company.

According to a research note released on Thursday, BofA/Merrill has upgraded Vale SA (NYSE:VALE) from Neutral to Buy. The average analysts that follow this company have a ‘Hold’ rating, according to Zacks Investment Research. Among analysts covering the stock, 2 maintain strong buy rating, Zero set the stock as buy, 1 give underperform rating and 4 suggests selling.

 

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