CLARCOR Inc. (NYSE:CLC) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report released on Monday, Analyst Ratings Net reports. The firm currently has a $66.00 target price on the stock. Zacks Investment Research‘s price target suggests a potential upside of 13.03% from the stock’s previous close.
According to Zacks, “Clarcor Inc. is a diversified marketer and manufacturer of mobile, industrial and environmental filtration products and consumer and industrial packaging products sold in domestic and international markets. “
Several institutional investors have modified their holdings of the stock. Assetmark acquired a new position in shares of CLARCOR during the third quarter worth approximately $0. Osborn Rohs Williams & Donohoe raised its stake in CLARCOR by 3.9% in the fourth quarter. Osborn Rohs Williams & Donohoe now owns 16,000 shares of the company’s stock worth $795,000 after buying an additional 600 shares during the last quarter. Mason Street Advisors LLC raised its stake in CLARCOR by 1.4% in the fourth quarter. Mason Street Advisors LLC now owns 20,899 shares of the company’s stock worth $1,038,000 after buying an additional 298 shares during the last quarter. ProShare Advisors LLC raised its stake in CLARCOR by 45.5% in the fourth quarter. ProShare Advisors LLC now owns 23,422 shares of the company’s stock worth $1,164,000 after buying an additional 7,319 shares during the last quarter. Finally, US Bancorp DE raised its stake in CLARCOR by 2.1% in the fourth quarter. US Bancorp DE now owns 24,643 shares of the company’s stock worth $1,224,000 after buying an additional 503 shares during the last quarter.
Source: American Banking and Market News
