Zacks Investment Research upgraded shares of TravelCenters of America LLC (NYSE:TA) from a hold rating to a buy rating in a research report released on Saturday morning. The firm currently has $5.00 target price on the specialty retailer’s stock.

According to Zacks, “TRAVELCENTERS OF AMERICA, LLC. is a full-service national travel center chain in the U.S., with nationwide locations serving hundreds of thousands of professional drivers and other highway travelers each month – including virtually all major trucking fleets. Their travel centers operate under the TravelCenters of America, TA and Petro brand names and offer diesel and gasoline fueling services, restaurants, heavy truck repair facilities, stores and other services. “

Several other research firms have also commented on TA. B. Riley restated a buy rating on shares of TravelCenters of America in a research report on Wednesday, November 1st. FBR & Co restated a buy rating and set a $10.00 price target (up previously from $9.00) on shares of TravelCenters of America in a research report on Tuesday, September 12th. Finally, Citigroup Inc. lowered shares of TravelCenters of America from a buy rating to a sell rating and set a $4.50 price target on the stock. in a research report on Wednesday, October 11th. Two investment analysts have rated the stock with a sell rating and three have issued a buy rating to the stock. The company presently has an average rating of Hold and an average price target of $7.38.

Shares of TravelCenters of America (NYSE:TA) opened at $4.70 on Friday. TravelCenters of America has a 52 week low of $2.95 and a 52 week high of $7.75.

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Several hedge funds and other institutional investors have recently made changes to their positions in TA. Signia Capital Management LLC grew its position in shares of TravelCenters of America by 494.1% in the second quarter. Signia Capital Management LLC now owns 667,202 shares of the specialty retailer’s stock valued at $2,736,000 after purchasing an additional 554,894 shares during the period. Forward Management LLC acquired a new stake in shares of TravelCenters of America in the third quarter valued at about $1,692,000. Russell Investments Group Ltd. grew its position in shares of TravelCenters of America by 68.0% in the third quarter. Russell Investments Group Ltd. now owns 812,862 shares of the specialty retailer’s stock valued at $3,455,000 after purchasing an additional 328,950 shares during the period. Sterneck Capital Management LLC grew its position in shares of TravelCenters of America by 42.5% in the second quarter. Sterneck Capital Management LLC now owns 816,871 shares of the specialty retailer’s stock valued at $3,349,000 after purchasing an additional 243,673 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in shares of TravelCenters of America by 118.0% in the third quarter. Dimensional Fund Advisors LP now owns 371,102 shares of the specialty retailer’s stock valued at $1,577,000 after purchasing an additional 200,905 shares during the period.

TravelCenters of America Company Profile

TravelCenters of America LLC (TravelCenters) operates and franchises travel centers and convenience store and restaurant locations. The Company’s segments include travel centers, convenience stores, and corporate and other. The Company offers a range of products and services, including diesel fuel and gasoline, as well as nonfuel products and services, such as truck repair and maintenance services, full service restaurants, quick service restaurants (QSRs), travel/convenience stores and various customer amenities.

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