Piper Jaffray upgraded B&G Foods (NYSE: BGS) from Neutral to Overweight. PT increased from $11.50 to $16.
Means nothing. The stock was called a POWERFUL BUY yesterday and was down all day.Upgrades are for the most part a major joke. Stock usually will go in the opposite direction.
Don't put much stock in Zacks ratings, they are a technical rating service and will pump a stock one day and trash it the next.