Benzinga’s Top Upgrades (M, SPRD, JDGRY, DWA, MDC)

Macy's Inc M was upgraded by Goldman Sachs from “neutral” to “buy.” M’s shares closed at $21.37 yesterday. Macy's quarterly earnings grew by 125.84%. Piper Jaffray upgraded Spreadtrum Communications Inc SPRD from “underweight” to “neutral.” SPRD’s shares closed at $9.46 yesterday. Spreadtrum’s quarterly sales jumped 312.87%. UBS upgraded JD Group Ltd JDGRY from “sell” to “neutral.” JDGRY closed at $5.25 yesterday. JD’s 52-week trading range is $4.00- $7.10. Analysts at Caris upgraded Dreamworks Animation SKG Inc DWA from “above average” to “buy.” DWA’s shares closed at $34.13 yesterday. Dreamworks’ shares have lost 14.57% year-to-date. MDC Holdings Inc MDC has been upgraded to “conviction buy” from “buy” by Goldman. MDC’s shares closed at $31.70 yesterday. MDC’s earnings are likely to grow by 175.50% over the next year. More Analyst Ratings here