Analysts Upgrades: Bank of America Corp (NYSE:BAC), Urban Outfitters (NASDAQ:URBN), WebMD Health Corp. (NASDAQ:WBMD), The Men’s Wearhouse (NYSE:MW)

Posted by on Jul 03, 2014

Shares of Bank of America Corp (NYSE:BAC) continue to show gains after Deutsche Bank earlier raised its rating on the bank to “buy” from “hold” and increased its price target to $18.00 from $16.50. Bank of America Corp (NYSE:BAC) net profit margin is 15.70% and weekly performance is 2.46%. On last trading day company shares ended up $15.85. Analysts mean target price for the company is $17.19. Bank of America Corp (NYSE:BAC) distance from 50-day simple moving average (SMA50) is 3.85%.

Research analysts at Northland Securities started coverage on shares of Urban Outfitters (NASDAQ:URBN) in a report released on Wednesday. The firm set a “market perform” rating and a $37.00 price target on the stock. Northland Securities’ price objective would indicate a potential upside of 10.71% from the company’s current price. Urban Outfitters, Inc. (NASDAQ:URBN) shares advanced 1.89% in last trading session and ended the day on $34.05. URBN Gross Margin is 37.20% and its return on assets is 13.20%. Urban Outfitters, Inc. (NASDAQ:URBN) quarterly performance is -10.65%.

WebMD Health Corp. (NASDAQ:WBMD) was upgraded by equities research analysts at Stifel Nicolaus from a “hold” rating to a “buy” rating in a research note issued to investors on Wednesday, TheFlyOnTheWall.com reports. The firm currently has a $60.00 target price on the stock. Stifel Nicolaus’ target price would indicate a potential upside of 20.31% from the stock’s previous close. WebMD Health Corp. (NASDAQ:WBMD) shares moved up 4.43% in last trading session and was closed at $52.06, while trading in range of $51.22 – $53.30. WebMD Health Corp. (NASDAQ:WBMD) year to date (YTD) performance is 31.80%.

The Men’s Wearhouse (NYSE:MW) was upgraded by investment analysts at Stifel Nicolaus from a “hold” rating to a “buy” rating in a note issued to investors on Tuesday, TheFlyOnTheWall.com reports. The firm currently has a $67.00 price objective on the stock. Stifel Nicolaus’ price objective suggests a potential upside of 18.90% from the stock’s previous close. The Men’s Wearhouse, Inc. (NYSE:MW) ended the last trading day at $58.21. Company weekly volatility is calculated as 2.19% and price to cash ratio as 29.12. The Men’s Wearhouse, Inc. (NYSE:MW) showed a positive weekly performance of 3.98%.

Park Electrochemical Corp. (NYSE:PKE) was upgraded by analysts at Needham & Company LLC to a buy rating. Park Electrochemical Corp. (NYSE:PKE) shares moved up 6.25% in last trading session and was closed at $30.59, while trading in range of $29.19 – $31.00. Park Electrochemical Corp. (NYSE:PKE) year to date (YTD) performance is 17.11%.

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