Skip to main content

Market Overview

Benzinga's Top Upgrades, Downgrades For July 8, 2019

Share:

Top Upgrades

  • B. Riley upgraded Orion Group Holdings Inc (NYSE: ORN) from Neutral to Buy. Orion Group rose 4.8% to $3.25 in pre-market trading.
  • SunTrust Robinson Humphrey upgraded Edgewell Personal Care Co (NYSE: EPC) from Hold to Buy. Edgewell Personal Care shares rose 0.2% to close at $28.05 on Friday.
  • Analysts at Raymond James upgraded Life Storage Inc (NYSE: LSI) from Market Perform to Outperform. Life Storage fell 0.1% to close at $98.79 on Friday.
  • JP Morgan upgraded Johnson Controls International PLC (NYSE: JCI) from Underweight to Neutral. Johnson Controls shares rose 0.6% to $42.10 in pre-market trading.
  • Piper Jaffray upgraded Amneal Pharmaceuticals Inc (NYSE: AMRX) from Neutral to Overweight. Amneal Pharmaceuticals fell 4.5% to close at $6.66 on Friday.
  • Analysts at Daiwa Capital upgraded HUYA Inc - ADR (NYSE: HUYA) from Neutral to Outperform. HUYA shares fell 1.3% to $25.66 in pre-market trading.
  • Wells Fargo upgraded Cabot Oil & Gas Corporation (NYSE: COG) from Market Perform to Outperform. Cabot Oil shares rose 0.5% to $23.75 in pre-market trading.
  • Citi upgraded Flowserve Corp (NYSE: FLS) from Neutral to Buy. Flowserve shares rose 1% to $53.52 in pre-market trading.

 

Top Downgrades

  • Rosenblatt downgraded Apple Inc. (NASDAQ: AAPL) from Neutral to Sell. Apple shares fell 1.5% to $201.20 in pre-market trading.
  • Citigroup downgraded NetApp Inc. (NASDAQ: NTAP) from Neutral to Sell. NetApp shares fell 4.3% to $59.74 in pre-market trading.
  • Morgan Stanley downgraded State Street Corp (NYSE: STT) from Overweight to Underweight. State Street shares rose 0.6% to close at $56.80 on Wednesday.
  • BMO Capital downgraded Huntington Bancshares Incorporated (NASDAQ: HBAN) from Market Perform to Underperform. Huntington Bancshares shares fell 1.8% to $13.67 in pre-market trading.
  • Citigroup downgraded Verizon Communications Inc. (NYSE: VZ) from Buy to Neutral. Verizon fell 0.9% to $57.80 in pre-market trading.
  • Credit Suisse downgraded Allegion PLC (NYSE: ALLE) from Outperform to Neutral. Allegion shares rose 0.4% to close at $110.99 on Monday.
  • Buckingham Research downgraded Lithia Motors Inc (NYSE: LAD) from Buy to Neutral. Lithia Motors shares fell 0.8% to $121.34 in pre-market trading.
  • Goldman Sachs downgraded F5 Networks, Inc. (NASDAQ: FFIV) from Neutral to Sell. F5 Networks shares fell 0.1% to close at $147.66 on Friday.
  • JP Morgan downgraded Lennox International Inc. (NYSE: LII) from Neutral to Underweight. Lennox International shares fell 0.2% to close at $288.05 on Friday.
  • Keefe Bruyette & Woods downgraded SVB Financial Group (NASDAQ: SIVB) from Outperform to Market Perform. SVB Financial shares rose 2.1% to close at $222.90 on Friday.

 

Top Initiations

  • H.C. Wainwright initiated coverage on Polarityte Inc (NASDAQ: PTE) with a Buy rating. The price target for Polarityte is set to $8. Polarityte shares closed at $5.52 on Friday.
  • Morgan Stanley initiated coverage on AptarGroup, Inc. (NYSE: ATR) with a Overweight rating. The price target for AptarGroup is set to $144. AptarGroup shares closed at $124.61 on Friday.
  • Analysts at Credit Suisse initiated coverage on Crowdstrike Holdings Inc (NASDAQ: CRWD) with a Neutral rating. The price target for Crowdstrike is set to $70. Crowdstrike shares closed at $67.21 on Friday.
  • Analysts at Piper Jaffray initiated coverage on Magnolia Oil & Gas Corp (NYSE: MGY) with a Overweight rating. The price target for Magnolia Oil is set to $14. Magnolia Oil shares closed at $11.34 on Friday.
  • Raymond James upgraded Signature Bank (NASDAQ: SBNY) from Outperform to Strong Buy. Signature Bank shares rose 0.8% to $125.47 in pre-market trading.
  • UBS initiated coverage on Fiverr International Ltd (NYSE: FVRR) with a Neutral rating. The price target for Fiverr International is set to $29. Fiverr International shares closed at $27.25 on Friday.
  • Analysts at Goldman Sachs initiated coverage on Cabot Microelectronics Corporation (NASDAQ: CCMP) with a Buy rating. The price target for Cabot Microelectronics is set to $148. Cabot Microelectronics shares closed at $110.03 on Friday.
  • Analysts at Wells Fargo initiated coverage on Forestar Group Inc. (NYSE: FOR) with a Outperform rating. Forestar Group shares closed at $19.88 on Friday.
  • Nomura initiated coverage on Triplepoint Venture Growth BDC Corp (NYSE: TPVG) with a Buy rating. Triplepoint Venture Growth shares closed at $14.37 on Friday.
  • Piper Jaffray initiated coverage on Centennial Resource Development Inc (NASDAQ: CDEV) with a Neutral rating. The price target for Centennial Resource Development is set to $8. Centennial Resource Development closed at $7.52 on Friday.
  • H.C. Wainwright initiated coverage on Protagonist Therapeutics Inc (NASDAQ: PTGX) with a Buy rating. The price target for Protagonist Therapeutics is set to $23. Protagonist Therapeutics shares closed at $12.84 on Friday.
 

Related Articles (AAPL + ALLE)

View Comments and Join the Discussion!

Posted-In: Initiations top upgradesUpgrades Downgrades Initiation Pre-Market Outlook Analyst Ratings

Latest Ratings

StockFirmActionPT
SEDGB of A SecuritiesMaintains411.0
PTLOPiper SandlerMaintains28.0
AOUTLake StreetMaintains26.0
RAPTPiper SandlerMaintains52.0
OCXLake StreetMaintains6.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com