Notable Upgrades: Weight Watchers (WTW), Yahoo (YHOO), MacroGenics (MGNX), Nike (NKE), Visa (V)

Weight Watchers International, Inc. (WTW) was reiterated a ‘Buy’ by Craig Hallum analysts on Monday. The broker also raised its price target on the stock to $20 from $10 following news Oprah Winfrey will purchase co.’s newly-issued shares representing 10% of all shares outstanding, and options to acquire an additional 5% of shares

Weight Watchers shares are currently priced at 11.82x this year’s forecasted earnings, which makes them inexpensive compared to the industry’s 16.26x earnings multiple. Ticker has a forward P/E of 27.49 and t-12 price-to-sales ratio of 0.30. EPS for the same period is $1.14.

In the past 52 weeks, shares of the New York-based company have traded between a low of $3.67 and a high of $29.84 and are now at $13.46.

Shares are down 71.92% year-over-year and 72.67% year-to-date.

Yahoo! Inc. (YHOO) was reiterated as ‘Buy’ with a $45 from $41 price target on Monday by Axiom Capital. The price hike follows recent upside in Alibaba (BABA), Yahoo Japan (YAHOY), and assumption of completion of the Alibaba spin-off as planned.

On valuation measures, Yahoo! Inc. shares are currently priced at 4.64x this year’s forecasted earnings. Ticker has a PEG and forward P/E ratio of -3.96 and 49.99, respectively. Price/Sales for the same period is 6.45 while EPS is $7.20. Currently there are 25 analysts that rate YHOO a ‘Buy’, 13 rate it a ‘Hold’. No analyst rates it a ‘Sell’.

YHOO has a median Wall Street price target of $44.50 with a high target of $61.00.

MacroGenics, Inc. (MGNX) was raised to ‘Buy’ from ‘Neutral’ at Citigroup (C) on Monday.

MGNX is up $1.93 at $27.94 on heavy volume. Midway through trading Monday, 509k shares of Macrogenics Inc. have exchanged hands as compared to its average daily volume of 373K shares. The stock has ranged in a price between $25.48 to $29.30 after having opened the day at $25.96.

Over the past year, shares of Rockville, Maryland-based biopharmaceutical company have traded between a low of $18.35 and a high of $39.90.

Shares are down 25.83% since the beginning of the year.

Nike, Inc. (NKE) was upgraded to ‘Buy’ from ‘Hold’ with $148 target at BB&T Capital Markets analysts on Monday.

NKE is currently printing a higher than average trading volume with the issue trading 4.10 million shares, compared to the average volume of 4.95 million. The stock began trading this morning at $131.71 to currently trade 1.93% higher from the prior days close of $130.47. On an intraday basis it has gotten as low as $131.11 and as high as $133.52.

NKE shares have advanced 13.19% in the last 4 weeks and 15.62% in the past three months. Over the past 5 trading sessions the stock has gained 4.43%. The Beaverton, Oregon-based company, which is currently valued at $113.26 billion, has a median Wall Street price target of $140 with a high target of $152.

Nike Inc. is up 51.56% year-over-year, compared with a 6.78% gain in the S&P 500.

Visa Inc. (V) rating of ‘Outperform’ was reiterated today at Oppenheimer with a price target increase of $85 from $81.

Visa shares recently gained $1.02 to $77.02. The stock is up more than 50% year-over-year and has gained roughly 16.55% year-to-date. In the past 52 weeks, shares of San Francisco, Calif.-based payments technology company have traded between a low of $51.29 and a high of $77.32.

Visa closed Friday at $76.00. The name has a current market cap of $187.38 billion.

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