Several stocks were rewarded with stock upgrades from analysts today.
Aruba Networks (ARUN) was the first of the stock upgrades, as Needham upgraded ARUN from “hold” to “buy.” The price target of ARUN is set at $24.
Needham also upgraded Gamestop (GME) from a “hold” to “buy.” GME stock is set at a price target of $60.
A few other notables did not get stock upgrades, but did get altered price targets and reiterated coverage.
For example, Monness Crespi & Hardt reiterated Spectrum Brands (SPB) “buy” rating but upped its price target from $78 to $85.
At the same time, the recently troubled Liquidity Services (LQDT) was reiterated as a “buy” but its price target fell from $33 to $27, as noted by The Benchmark Company.