Notable Upgrades: Rentrak Corporation (RENT), EMCORE Corp (EMKR), Tesla Motors (TSLA), Level 3 Communications, Inc. (LVLT), Netflix (NFLX)

Analysts at Wunderlich initiated coverage on Rentrak Corporation (RENT) with a ‘Buy’ rating and a $75 price target in a research report issued to clients on Thursday. The firm’s PT implies 33.23% expected return. Rentrak Corporation shares are currently priced at 58.35x next year’s forecasted earnings compared to the industry’s -0.18x earnings multiple. Ticker has […] View the full post at: Notable Upgrades: Rentrak Corporation (RENT), EMCORE Corp (EMKR), Tesla Motors (TSLA), Level 3 Communications, Inc. (LVLT), Netflix (NFLX) Related posts: The Beat Goes On for Own-To-Rent Consumer Confidence Soars to its Highest Level in 6 Years Logitech Acquires Award-Winning Provider of Internet Communications