Notable Upgrades: OmniVision Technologies (OVTI), ARC Group WorldWide (ARCW), AGCO Corporation (AGCO), Athlon Energy (ATHL), 3D Systems (DDD)

OmniVision Technologies, Inc.(NASDAQ:OVTI) was upgraded by Raymond James to ‘Market Perform’ from ‘Underperform’ in a research report issued to clients and investors on Friday. OVTI’s shares closed at $27.18 yesterday. The stock is trading 2.28% higher this morning at $27.80.

Analysts at Brean Capital lifted their price target on shares of ARC Group WorldWide Inc (NASDAQ:ARCW) to $30 from $23. ARCW shares closed at $19.04 yesterday. The firm’s target price suggests a potential upside of about 58% from the company’s current price of $19.04. Currently there are 3 analysts that rate ARC Group a ‘Strong Buy’, 1 rate it a ‘Buy’. No analysts rate it a ‘Hold’ or ‘Sell.’

Analysts at Stifle initiated coverage on 3D Systems Corporation (NYSE:DDD) with a ‘Buy’ rating and a $65 price target in a research note issued this morning. The firm cited meaningful company-specific growth opportunities as the basis for the upgrade. In the past 52 weeks, shares of 3D Systems have traded between a low of $43.35 and a high of $97.28 and are now at $53.19, which is almost 23% above that low price.

Analysts at JPMorgan (JPM) upgraded shares of AGCO Corporation (NYSE:AGCO) to ‘Neutral’ from ‘Underweight’ and lifted their price target to $51 from $50. AGCO closed at $48.23 yesterday. JPMorgan’s new PT points to a potential upside of 3.70% from the stock’s previous close. AGCO Corporation has a market cap of $4.52 billion and is part of the industrial goods sector. Shares are down 18.52% year-to-date as of the close of trading on Thursday.

Analysts at Barclays initiated this morning coverage on Athlon Energy Inc (NYSE:ATHL) with an ‘Overweight’ rating and a $58 price target. Athlon shares closed at $44.85 yesterday. Barclays’ new PT points to a potential upside of 29.32% from the stock’s previous close.

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