Isle of Capri downgraded to Hold from Buy at Deutsche Bank Deutsche Bank downgraded Isle of Capri citing valuation following the company's Q4 results. The firm lowered its price target for shares to $10 from $11.
On The Fly: Analyst Upgrade Summary Today's noteworthy upgrades include: ASUR Airports (ASR) upgraded to Sector Perform from Underperform at Scotia Capital... AcelRx (ACRX) upgraded to Buy from Neutral at Mizuho... AllianceBernstein (AB) upgraded to Buy from Neutral at BofA/Merrill... American Express (AXP) upgraded to Buy from Hold at Deutsche Bank... Argus upgraded Sonoco (SON) on multiple positive catalysts... Columbia Property (CXP) upgraded to Neutral from Sell at Goldman... Deutsche sees American Express (AXP) as undervalued, upgrades to Buy... Eldorado Gold (EGO) upgraded to Neutral from Sell at Goldman... Genesee & Wyoming (GWR) upgraded to Buy from Neutral at BofA/Merrill... Gruma (GMK) upgraded to Overweight from Equal Weight at Barclays... Isle of Capri (ISLE) upgraded to Outperform from Neutral at Macquarie... JAKKS Pacific (JAKK) upgraded at B. Riley... QTS Realty Trust (QTS) upgraded to Buy from Hold at Deutsche Bank... Sonoco (SON) upgraded to Buy from Hold at Argus... T-Mobile (TMUS) upgraded to Buy from Neutral at Citigroup... Vulcan Materials (VMC) upgraded at RBC Capital.
Isle of Capri upgraded to Outperform from Neutral at Macquarie Macquarie upgraded Isle of Capri to Outperform following the better the "impressive" Q4 report. The firm said Isle of Capri's changes in operational focus, corporate realignment, and property capex have resulted in solid revenue growth and improved satisfaction gains. Price target raised to $15 from $10.