Benzinga's Top Upgrades, Downgrades For September 24, 2018

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Top Upgrades

  • DA Davidson upgraded Avon Products, Inc. AVP from Neutral to Buy. Avon Products shares rose 3.28 percent to $2.52 in pre-market trading.
  • B. Riley FBR upgraded Hartford Financial Services Group Inc HIG from Neutral to Buy. Hartford Financial shares rose 0.30 percent to close at $50.92 on Friday.
  • RBC Capital upgraded United Natural Foods Inc UNFI from Underperform to Sector Perfor. United Natural Foods shares closed at $30.97 on Friday.
  • Buckingham upgraded Middleby Corp MIDD from Neutral to Buy. Middleby shares rose 1.67 percent to $130.96 in pre-market trading.
  • Wells Fargo upgraded Applied Genetic Technologies Corp AGTC from Market Perform to Outperform. Applied Genetic Tech shares climbed 17.1 percent to $5.15 in pre-market trading.
  • Stifel Nicolaus upgraded Plains All American Pipeline, L.P. PAA from Hold to Buy. Plains All American shares rose 1.49 percent to $25.20 in pre-market trading.
  • Chardan Capital upgraded KVH Industries, Inc. KVHI from Neutral to Buy. KVH Industries shares rose 1.63 percent to $12.50 in pre-market trading.
  • Analysts at Leerink Swann upgraded MEDNAX Inc MD from Market Perform to Outperform. Mednax shares fell 4.06 percent to close at $45.60 on Friday.

 

Top Downgrades

  • BMO Capital downgraded Darden Restaurants, Inc. DRI from Market Perform to Underperform. Darden shares fell 1.41 percent to $111.30 in pre-market trading.
  • Oppenheimer downgraded Comcast Corporation CMCSA from Outperform to Perform. Comcast shares fell 3.61 percent to $36.53 in pre-market trading.
  • Credit Suisse downgraded PPG Industries, Inc. PPG from Outperform to Neutral. PPG shares closed at $115.98 on Friday.
  • Morgan Stanley downgraded Bilibili Inc - ADR BILI from Overweight to Equal-Weight. Bilibili shares fell 5.63 percent to $11.73 in pre-market trading.
  • Susquehanna downgraded Nutanix Inc NTNX from Neutral to Negative. Nutanix shares fell 5.71 percent to $43.80 in pre-market trading.
  • Piper Jaffray downgraded Pinnacle Foods Inc PF from Overweight to Neutral. Pinnacle Foods shares rose 0.36 percent to close at $67.07 on Friday.
  • Wells Fargo downgraded Sprouts Farmers Market Inc SFM from Outperform to Market Perform. Sprouts Farmers shares fell 2 percent to $27.00 in pre-market trading.
  • BMO Capital downgraded Brinker International, Inc. EAT from Market Perform to Underperform. Brinker shares fell 1.28 percent to close at $47.98 on Friday.
  • RBC Capital downgraded K2M Group Holdings Inc KTWO from Outperform to Sector Perform. K2M Group shares closed at $27.29 on Friday.

 

Top Initiations

  • Bernstein initiated Air Products & Chemicals, Inc. APD with an Outperform rating. The price target for Air Products is set to $202. Air Products shares closed at $170.61 on Friday.
  • Barclays initiated coverage on Idera Pharmaceuticals Inc IDRA with an Overweight rating. The price target for Idera Pharmaceuticals is set to $14. Idera Pharmaceuticals shares closed at $8.45 on Friday.
  • RBC Capital initiated coverage on Advanced Micro Devices, Inc. AMD with an Outperform rating. The price target for AMD is set to $40. AMD shares closed at $31.02 on Friday.
  • Bernstein initiated coverage on Praxair, Inc. PX with an Underperform rating. The price target for Praxair is set to $132. Praxair shares closed at $166.50 on Friday.
  • H.C. Wainwright initiated coverage on Krystal Biotech Inc KRYS with a Buy rating. The price target for Krystal Biotech is set to $32. Krystal Biotech shares closed at $16.88 on Friday.
  • Analysts at DA Davidson initiated coverage on Cohu, Inc. COHU with a Buy rating. The price target for Cohu is set to $30. Cohu shares closed at $21.75 on Friday.
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