Investment Analysts’ upgrades for Wednesday, November 22nd:

Basf Se (OTCMKTS:BASFY) was upgraded by analysts at Berenberg Bank from a hold rating to a buy rating.

Dominion Energy (NYSE:D) was upgraded by analysts at Bank of America Corporation from a neutral rating to a buy rating.

Kellogg (NYSE:K) was upgraded by analysts at Argus from a hold rating to a buy rating.

Kingfisher PLC (OTCMKTS:KGFHY) was upgraded by analysts at Jefferies Group LLC from a hold rating to a buy rating.

NewJersey Resources Corporation (NYSE:NJR) was upgraded by analysts at Janney Montgomery Scott from a neutral rating to a buy rating.

Pan American Silver Corp. (NASDAQ:PAAS) (TSE:PAAS) was upgraded by analysts at Credit Suisse Group from a neutral rating to an outperform rating.

RWE AG (OTCMKTS:RWEOY) was upgraded by analysts at UBS AG from a neutral rating to a buy rating.

Companhia de saneamento Basico Do Estado De Sao Paulo – Sabesp (NYSE:SBS) was upgraded by analysts at HSBC Holdings PLC from a hold rating to a buy rating.

USA Technologies (NASDAQ:USAT) was upgraded by analysts at Zacks Investment Research from a hold rating to a buy rating. Zacks Investment Research currently has $9.25 target price on the stock. According to Zacks, “USA Technologies is a leader in the networking of distributed assets, wireless non-cash transactions, associated financial/network services and energy management. USA Technologies provides networked credit card and other non-cash systems in the vending, commercial laundry, hospitality and digital imaging industries. USA Technologies is an IBM Business Partner. The Company has marketing agreements with Cingular Wireless, Honeywell, MEI, Unilever and ZiLOG Corporation. “

Vertex Energy (NASDAQ:VTNR) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Vertex Energy, Inc. operates as an environmental services company that recycles industrial waste streams and off-specification commercial chemical products. Its primary focus is recycling used motor oil and other petroleum by-product streams. Vertex operates in three divisions: Black Oil Division, Refining and Marketing Division and Thermal Chemical Extraction Process. The Company also manages the transport, storage and delivery of the aggregated feedstock and product streams to end users, and manages the re-refining of a portion of its aggregated petroleum streams in order to sell them as end products. It sells its aggregated petroleum streams as feedstock to other re-refineries and fuel blenders or as replacement fuel for use in industrial burners. Vertex Energy, Inc. is based in Houston, Texas. “

Xencor (NASDAQ:XNCR) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Xencor Inc. is a clinical-stage biopharmaceutical company. It develops antibodies for the treatment of autoimmune diseases, asthma and allergic diseases, and cancer. Xencor Inc. is based in Monrovia, California. “

Yahoo Japan Cp (OTCMKTS:YAHOY) was upgraded by analysts at Zacks Investment Research from a sell rating to a hold rating. According to Zacks, “Yahoo Japan Corporation is engaged in the internet advertising, e-Commerce and members services businesses. The company’s operating segments consists of Marketing Solutions, Consumer and Others. Marketing Solutions segment provides advertising, information listing and other corporate services. Consumer segment offers e-commerce related and membership services. Others segment includes settlement and financial services. Yahoo Japan Corporation is headquartered in Tokyo, Japan. “

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