Analyst Ups Visa Target to $130, Sherwin-Williams a Buy, Wyndham Overweight

Sherwin-Williams Co. (NYSE:SHW): Nomura upgraded Sherwin-Williams to Buy from Hold this morning.

Visa, Inc. (NYSE:V): BofA/Merrill raised Visa’s price target citing strong earnings growth and the favorable economic environment. Price target raised to $130 from $115.

iGATE Corporation (NASDAQ:IGTE): After meeting with iGATE, Oppenheimer believes that the company’s integration with Patni is proceeding well. The firm believes that the stock’s risk/reward ratio is positive and it maintains a $22 target and Outperform rating on the stock.

7 Days Group Holdings Limited (NYSE:SVN): After 7 Days Group reported higher than expected Q4 EBITDA, Oppenheimer expects 7 Days to generate 32%-35% revenue and EBITDA growth this year, excluding currency effects. The firm maintains an Outperform rating on the stock.

Wyndham Worldwide Corporation (NYSE:WYN): JPMorgan raised its price target for Wyndham shares to reflect a higher value for the company’s timeshare segment. The firm keeps an Overweight rating on the stock.

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com

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