NEW YORK (
TheStreet) -TheStreet Ratings' stock model upgraded
John Bean Technologies
(JBT - Get Report) to 'Buy' from 'Hold'. Net income at this $530 million market cap, food processing company popped by 47.7% to a profit of $15.8 million compared to the prior fourth quarter.
TheStreet Ratings released rating changes on seven U.S. common stocks for March 24, 2011. In total, four stocks were upgraded and three stocks were downgraded by our stock model.
In the fourth quarter, John Bean Technologies reported $287 million in revenue, an increase of 16.5% compared to the year earlier quarter. Learn more about John Bean Technologies: Company Profile, Income Statement, Balance Sheet, Stock Ratios, Analyst Ratings.
$421 million market cap, apparel retailer, Talbots Inc (TLB) was downgraded to 'Sell' from 'Hold'. In fourth quarter results, Talbots' bottom line flipped to a loss of $2.8 million from a profit of $4.1 million in the year earlier quarter. Over the same time period, revenue dipped by 7.4% to $293 million. Learn more about Talbots: Company Profile, Income Statement, Balance Sheet, Stock Ratios, Analyst Ratings.-- Reported by Kevin Baker in Jupiter, FL.
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