Notable Analyst Calls: Cliffs Natural Resources (CLF), StemCells (STEM), Big Lots (BIG), Deere & Company (DE), Marketo, Inc. (MKTO)

Analysts at JP Morgan are out with a report this morning upgrading shares of Cliffs Natural Resources Inc. (CLF) with a ‘Overweight’ from ‘Neutral’ rating.

After rising to a $4.33 intraday high CLF shares recently traded at $4.26, putting them on track to extend their 2016 gain of 94.30%.

The stock has a 52-week range of $1.20 to $5.83. CLF is down 42.18% year-over-year, compared with a 0.60% loss in the S&P 500.

StemCells Inc. (STEM) was downgraded from ‘Buy’ to ‘Hold’ at Maxim Group.

StemCells shares continue to fall on Tuesday, down $2.452, or 80.94%, at $0.578.

Big Lots Inc. (BIG) was reiterated a ‘Buy’ by MKM Partners analysts on Tuesday. The broker also raised its price target on the stock to $60 from $58.

Currently, more than 2.13 million BIG shares have changed hands, compared to the average volume of 1.20 million.

In the past 52 weeks, shares of the discount retailer have traded between a low of $33.78 and a high of $53.05 with the 50-day MA and 200-day MA located at $45.45 and $42.09 levels, respectively. Additionally, shares of BIG trade at a P/E ratio of 1.08 and have a Relative Strength Index (RSI) and MACD indicator of 72.11 and +4.59, respectively.

Deere & Company (DE) was raised to ‘Buy’ from ‘Neutral’ and it was given a $94 from $82 price target at UBS on Tuesday.

DE shares are currently priced at 16.54x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 15.59x earnings multiple. The company’s current year and next year EPS growth estimates stand at (32.80%) and (4.90%) compared to the industry growth rates of (0.20%) and 12.70%, respectively. DE has a t-12 price/sales ratio of 0.91. EPS for the same period registers at 4.98.

Marketo, Inc. (MKTO) had its rating lowered from ‘Outperform’ to ‘Neutral’ by analysts at Credit Suisse on Tuesday.

MKTO’s shares have advanced 52.46% in the last 4 weeks and 90.87% in the past three months. Over the past 5 trading sessions the stock has gained 12.94%. MKTO shares are up 12.16% this year.

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