Notable Upgrades: InvenSense (INVN), Builders FirstSource (BLDR), McDermott (MDR), Triangle Petroleum (TPLM), Apple Inc. (AAPL)

Analysts at Rosenblatt are out with a report this morning upgrading shares of InvenSense, Inc. (INVN) with a ‘Buy‘ from ‘Neutral‘ rating.

InvenSense Inc. shares have a forward P/E of 24.12 and t-12 price-to-sales ratio of 4.24. EPS for the same period is ($0.08).

In the past 52 weeks, shares of San Jose California-based company have traded between a low of $13.19 and a high of $26.78 and are now at $16.18. Shares are down 27.26% year-over-year and 4.31% year-to-date.

Analysts at Stifel upgraded their rating on the shares of Builders FirstSource, Inc. (BLDR). In a research note published on Tuesday, the firm lifted the name with a ‘Buy‘ from ‘Hold‘ rating and set a 12-month base case estimate of $20 per share.

On valuation measures, Builders FirstSource Inc. shares are currently priced at 78.12x this year’s forecasted earnings compared to the industry’s 19.75x earnings multiple. Ticker has a PEG and forward P/E ratio of 1.13 and 26.77, respectively. Price/Sales for the same period is 0.71 while EPS is $0.18. Currently there are 3 analysts that rate BLDR a ‘Buy’, 2 rate it a ‘Hold’. No analyst rates it a ‘Sell’. BLDR has a median Wall Street price target of $8.00 with a high target of $9.00.

McDermott International Inc. (MDR) was raised to ‘Outperform‘ from ‘In-line‘ and it was given a $6 from $4 price target at Imperial Capital on Tuesday.

MDR is up $0.30 at $5.15 on normal volume. Midway through trading Tuesday, 5.16 million shares of McDermott International Inc. have exchanged hands as compared to its average daily volume of 5.58 million shares. The stock ranged in a price between $4.99-$5.25 after having opened the day at $5.00 as compared to the previous trading day’s close of $4.85.

In the past 52 weeks, shares of Houston Texas-based company have traded between a low of $2.10 and a high of $8.43. Shares are down 30.42% year-over-year ; up 66.67% year-to-date.

Triangle Petroleum Corporation (TPLM) was reiterated a ‘Hold’ by Topeka Capital Markets analysts on Tuesday. The broker also raised its price target on the stock to $5 from $4.

TPLM shares recently gained $0.32 to $6.08. In the past 52 weeks, shares of Denver, Colorado-based company have traded between a low of $3.10 and a high of $12.48. Shares are down 28.62% year-over-year ; up 20.50% year-to-date.

Apple Inc. (AAPL) was reiterated as ‘Buy’ with a $145 from $135 price target on Tuesday by Argus. The firm said it continues to expect an above-trend 2Q/15 results report from the iPhone maker, based on ongoing iPhone 6 & 6 Plus demand strength in markets such as China and Asia.

Apple Inc, currently valued at $736.77 billion, has a median Wall Street price target of $145.00 with a high target of $180.00. Approximately 20 million shares have already changed hands, compared to the stock’s average daily volume of 56 million.

In the past 52 weeks, shares of the tech giant have traded between a low of $73.05 and a high of $133.60 with the 50-day MA and 200-day MA located at $126.66 and $115.02 levels, respectively. Additionally, shares of AAPL trade at a P/E ratio of 1.09 and have a Relative Strength Index (RSI) and MACD indicator of 51.02 and +1.23, respectively.

AAPL currently prints a one year return of about 73% and a year-to-date return of around 15%.

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