Stock Trading News on Major Stock Upgrades (POL, BW, COG, PAYX)

PolyOne Corporation (NYSE:POL) shares rose 5.45% to $9.87 following the stock was upgraded by Longbow Resesarch to “Buy” from “Neutral.”

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The median Wall Street price target on the stock is $14 and the high target is set at $14 with majority of analysts have a Strong Buy rating on the company’s stock. The stock is trading below both the 50- Day Moving Average and 200-Day Moving Average prices are $9.78 and $9.70 respectively.

Shares of Brush Engineered Material (NYSE:BW) are seeing increased buying pressure following Keybanc upped the company’s rating to “Buy” from “Hold.” The firm has set a price target of $30.

The firm cited an increased level of conviction surrounding the sustainability of profit momentum in Specialty Engineered Alloys, disclosure of value-added revenue unit growth, compelling valuation, and a solid balance sheet supporting future growth opportunities.

The median Wall Street price target on the stock is $34 and the high target is set at $40 with majority of analysts have a Strong Buy rating on the company’s stock. The stock is trading below both the 50- Day Moving Average and 200-Day Moving Average prices are $22.21 and $23.13 respectively.

Shares of BW climbed 7.40% to $23.33 on very heavier than the average volume.

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Capital One Financial Corp. (NYSE:COF) was upgraded by Credit Agricole to “Outperform” from Underperform.

The median Wall Street price target on the stock is $46 and the high target is set at $66 with majority of analysts have a Hold rating on the company’s stock. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $40.93 and $41.17 respectively.

Shares of COF rose 1.05% to $37.51 in the opening session.

Paychex, Inc. (NASDAQ:PAYX) was upgraded by Deutsche Bank to “Hold” from “Sell.”  Shares of PAYX jumped 1.23% to $25.51.

The median Wall Street price target on the stock is $28 and the high target is set at $37 with majority of analysts have a Hold rating on the company’s stock. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $25.83 and $28.83 respectively.

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