Investment Analysts’ upgrades for Thursday, April 11th:

Applied Optoelectronics (NASDAQ:AAOI) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Applied Optoelectronics, Inc. designs, develops and manufactures advanced optical devices, packaged optical components, optical subsystems, laser transmitters and fiber optic transceivers. The company’s products are used in fiber optic communications equipment for FTTH, point-to-point telecom, datacom and access networks and systems supporting cable television, network infrastructure. Applied Optoelectronics, Inc. is headquartered in Sugar Land, Texas. “

Ameris Bancorp (NASDAQ:ABCB) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “ABC Bancorp is a bank holding company. “

Amber Road (NYSE:AMBR) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Amber Road, Inc. operates as a provider of on-demand Global Trade Management solutions. It offers import and export, global logistics, and trade agreement management solutions worldwide. The Company’s solutions include Enterprise-Class Software, Trade Content, Supply Chain Network, Flexible Technology and SaaS Delivery. It offers its solution to enterprises in various industries, including chemical/pharmaceutical, high technology/electronics, industrial/manufacturing, logistics, oil and gas, and retail/apparel through a software-as-a-service model. Amber Road, Inc. is headquartered in East Rutherford, New Jersey. “

Northern Star Resources (OTCMKTS:NESRF) was upgraded by analysts at Bank of America Corp from a neutral rating to a buy rating.

Tapestry (NYSE:TPR) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. The firm currently has $38.00 price target on the stock. According to Zacks, “Shares of Tapestry have slid and underperformed the industry in the past six months. The stock came under pressure following the company’s lower-than-expected second-quarter fiscal 2019 results and soft view. While overall net sales improved marginally, earnings came in line with the year-ago period. The company’s performance did not live up to its expectation on account of volatile macroeconomic environment and geopolitical issues. Moreover, fall in Kate Spade sales was also not well perceived. Although management expects comps for the segment to improve in the second half, analysts remain skeptical about the turnaround. Further, Tapestry expects operating income and earnings per share to fall in the third quarter. Significant increase in SG&A expenses may be cited as one of the reasons behind the same. Nevertheless, we cannot ignore the company’s transformation initiatives revolving around product, stores and marketing.”

Triplepoint Venture Growth BDC (NYSE:TPVG) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $16.00 price target on the stock. According to Zacks, “TriplePoint Venture Growth BDC Corp. is an externally managed, closed-end, non-diversified management investment company. The Company’s investment objective is to maximize its total return to stockholders primarily in the form of current income and, to a lesser extent, capital appreciation by primarily lending with warrants to venture growth stage companies focused in technology, life sciences and other high growth industries backed by a select group of leading venture capital investors. TriplePoint Venture Growth BDC Corp. is based in United States. “

Trimble (NASDAQ:TRMB) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $46.00 target price on the stock. According to Zacks, “Trimble’s stock has outperformed the industry it belongs to over a year. The company’s robust segments continue to drive its top-line growth. Further, positive contributions from strategic acquisitions are major positives. Also, accelerating subscription revenues are tailwinds. However, it continues to suffer from the of U.S. trade policy which is affecting its performance in China. Declining Chinese demand for agricultural products remains a headwind for the company’s agriculture business. Further, sluggishness in Trimble’s civil construction business is also an overhang since this might affect its building and infrastructure business. All these are likely to continue throughout 2019. Also, growing competition and unfavorable foreign exchange fluctuations remain concerns.”

Transcat (NASDAQ:TRNS) was upgraded by analysts at Zacks Investment Research from a strong sell rating to a hold rating. According to Zacks, “Transcat, Inc. distributes test and measurement instruments and provides accredited calibration services to a variety of industries including life sciences, pharmaceutical, petroleum refining, chemical manufacturing, public utility, pulp and paper, communications, automotive and aerospace. “

Trivago (NASDAQ:TRVG) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. They currently have $4.75 target price on the stock. According to Zacks, “trivago N.V. is a technology company. It provides internet-related services and products in the fields of hotels, lodging and metasearch. trivago N.V. is based in Duesseldorf, Germany. “

Toro (NYSE:TTC) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $78.00 price target on the stock. According to Zacks, “The Toro Company is a leading worldwide provider of innovative solutions for the outdoor environment, including turf, snow and ground engaging equipment and irrigation and outdoor lighting solutions. Toro’s global presence extends to more than 90 countries. Through constant innovation and caring relationships built on trust and integrity, Toro and its family of brands have built a legacy of excellence by helping customers care for golf courses, landscapes, sports fields, public green spaces, commercial and residential properties and agricultural fields. “

TT Electronics (OTCMKTS:TTGPF) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “TT electronics plc manufactures electronic and electrical components for the automotive, telecommunication and industrial engineering sectors. Its operating segment includes Transportation Sensing and Control, Industrial Sensing and Control, Advanced Components and Integrated Manufacturing Services segments. The company’s products include electronic components and systems, electrical cables, uninterruptible power supplies and generators. TT electronics plc is based in Woking, the United Kingdom. “

TechTarget (NASDAQ:TTGT) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “TECHTARGET, a leading online Information Technology media company, provides IT companies with ROI-focused marketing programs to generate leads, shorten sales cycles, and grow revenues. The company is also a leading provider of independent, peer and vendor content, a leading distributor of white papers, and a leading producer of vendor-sponsored Webcasts and Podcasts for the IT market. Its Web sites are complemented by numerous invitation-only events and two magazines. TechTarget provides proven lead generation and branding programs to numerous advertisers including Cisco, Dell, EMC, HP, IBM, Intel, Microsoft, SAP and Symantec. “

Twilio (NYSE:TWLO) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $137.00 price target on the stock. According to Zacks, “Twilio is benefiting from a solid product menu and an increasing customer base. The company is not only gaining from a robust expansion of its existing clientele but also owing to first-time deals with the new ones, courtesy of the company’s firm focus on introducing products and its go-to-market sales strategy. Strong growth in the company’s core voice and messaging products is a key driver. Rising adoption of new products is also driving the company’s dollar-based net expansion rate. Moreover, strategic alliances and focus on enhancing international operations are turning out in the company's favor.  Its shares have outperformed the industry in the past year. However, customer concentration remains an issue for Twilio. Further, growing competition in the cloud telecommunications market is inducing pricing pressure for the company, which is an overhang on its profitability.”

Twist Bioscience (NASDAQ:TWST) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Twist Bioscience Corporation operates as a biotechnology company. It offers synthetic DNA-based products, including synthetic genes, tools for sample preparation, antibody libraries for drug discovery and development and DNA as a digital data storage medium. Twist Bioscience Corporation is headquartered in San Francisco, California. “

Twitter (NYSE:TWTR) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $39.00 price target on the stock. According to Zacks, “Twitter continues to add features and ramp up its security measures to boost engagement levels. The company’s new in-app camera feature strengthens its competitive position against the likes of Snapchat and Facebook’s Instagram. Twitter is also benefiting from strong growth in international markets and video advertisements. Growing adoption of video ad products like Video Website Cards & Video App Cards will drive the top line. Moreover, Twitter remains focused on live and is now exploring beyond just news. The series of live streaming deals are a step in that direction. However, its shares have underperformed the industry in the past year. Lack of revenue diversification is a major concern as the company is dependent on advertising.”

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