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.
Vulcan Materials upgraded at RBC Capital As noted earlier, RBC Capital upgraded Vulcan Materials to Outperform from Sector Perform. As reasons for the upgrade, the firm cited improving demand for the company's products and its increased emphasis on returning cash to shareholders. The firm thinks the company is in the early stages of a multi=year recovery. Target to $93 from $82.
Vulcan Materials increases dividend 4c to 10c The Board of Directors of Vulcan Materials, at a meeting held declared a quarterly dividend of 10c per share on its common stock payable March 10 to shareholders of record February 24. The new quarterly dividend represents an increase of 4c per share.