- Keefe Bruyette upgraded TD AmeriTrade (AMTD) to outperform from market perform on valuation following the recent sell-off in shares. The firm has a $22.50 price target on the stock.
- Stifel upgraded Saia (SAIA) to buy from hold based on valuation, operating leverage and increased possibility of a large industry consolidation event in the next few months. The firm has an $18 target on the stock.
- Citigroup upgraded Atlas Pipeline Holdings (AHD) to hold from sell to reflect valuation and an improved outlook for commodity prices. The firm raised its target on shares to $6 from 50 cents.
- Manpower (MAN) was upgraded to buy from neutral at BofA/Merrill.
- IAMGOLD (IAG) was upgraded to buy from neutral at UBS.
IAG posts
FeedAnalyst Upgrades, Downgrades and Initiations: AMTD, AOL, CHTT, CSC, IMAX, SAIA, WRC ...
Gold and silver favorites from resource experts
With gold and silver prices testing new highs, we turn to several leading resource experts -- Mary Anne and Pamela Aden, Mark Skousen and Larry Edelson -- for their favorite plays in the sector.
In The Aden Forecast, the Aden sisters explain, "Gold and silver recently moved well into record high territory, and it looks like they are poised to head even higher.
"Most impressive, gold's leading indicator still has room to rise further before it reaches the high area. This tells us that gold's current C rise is very strong and it's now likely headed to our next target level near $1200. Meanwhile, December gold will remain super strong above $1,020.
Continue reading Gold and silver favorites from resource experts
The Aden sisters: Resource experts on gold
"Gold has yet to take off in true bull market fashion, but its chart suggests that it's coming," says Mary Anne and Pamela Aden.
In their top-notch The Aden Forecast, the resource experts discuss the outlook for gold as well as some of their favorite mining stocks for investors to consider.
"Considering that the Summer months tend to be slow months, we could still see some short-term weakness.
"More important, however, is the bigger picture as gold is poised to rise during the second half of the year." Here, they discuss their outlook and some favorite ming stocks.
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