Analyst’s Upgrades: Edwards Life sciences (NYSE:EW), Hyatt Hotels Corporation (NYSE:H), Community Health Systems (NYSE:CYH), Palo Alto Networks (NYSE:PANW)

Posted by on Apr 15, 2014

Analysts at Wells Fargo & Co. upgraded shares of Edwards Life sciences Corp from a “neutral” rating to a “buy” rating in a research note on Monday. They now have a $90.00 price target on the stock, up previously from $82.97. Finally, analysts at CRT Capital upgraded shares of Edwards Life sciences Corp from a “fair value” rating to a “buy” rating in a research note on Monday. Edwards Life sciences Corp (NYSE:EW) shares after opening at $81.80 moved to $83.40 on last trade day and at the end of the day closed at $81.00. Company price to sales ratio in past twelve months was calculated as 4.16 and price to cash ratio as 9.09. Edwards Life sciences Corp (NYSE:EW) showed a positive weekly performance of 9.91%.

Hyatt Hotels (NYSE:H): FBR Capital increases the accommodation outfit to Outperform from Perform. Its price objective, previously $55, is now $62.Hyatt Hotels Corporation (NYSE:H) shares advanced 2.29% in last trading session and ended the day on $53.25. H return on equity ratio is recorded as 4.40% and its return on assets is 2.60%.Hyatt Hotels Corporation (NYSE:H) yearly performance is 29.25%.

Community Health Systems (NYSE:CYH) was upgraded by analysts at Oppenheimer from a market perform rating to an outperform rating. They currently have $55.00 target price on the stock. Community Health Systems (NYSE:CYH) shares moved 2.21% in last trading session and was closed at $36.15, while trading in range of $35.85 – 37.00. Community Health Systems (NYSE:CYH) year to date (YTD) performance is -7.94%.

Palo Alto Networks (NASDAQ:PANW) was upgraded by Stephens & Co. from an “equal weight” rating to an “overweight” rating in a research note issued on Monday, AR Network reports. The firm currently has a $85.00 price objective on the stock. Stephens & Co.’s target price indicates a potential upside of 28.91% from the stock’s previous close. Palo Alto Networks Inc (NYSE:PANW) weekly performance is 9.48%. On last trading day company shares ended up $65.94. Palo Alto Networks Inc (NYSE:PANW) distance from 50-day simple moving average (SMA50) is -6.67%. Analysts mean target price for the company is $83.66.

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