Benzinga's Top Upgrades, Downgrades For September 19, 2017


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Top Upgrades

  • UBS upgraded NetApp Inc. (NASDAQ:NTAP) from Neutral to Buy. NetApp shares gained 0.91 percent to $41.00 in pre-market trading.
  • Baird upgraded McKesson Corporation (NYSE:MCK) from Neutral to Outperform. McKesson shares fell 0.95 percent to close at $148.42 on Monday.
  • Credit Suisse upgraded Gap Inc (NYSE:GPS) from Underperform to Neutral. Gap shares gained 2.15 percent to $28.50 in pre-market trading.
  • Oppenheimer upgraded Michael Kors Holdings Ltd (NYSE:KORS) from Perform to Outperform. Michael Kors shares rose 3.02 percent to $46.00 in pre-market trading.
  • Raymond James upgraded Old National Bancorp (NASDAQ:ONB) from Market Perform to Outperform. Old National Bancorp shares rose 1.20 percent to $16.90 in pre-market trading.
  • Analysts at Instinet upgraded Melco Resorts & Entertainment Ltd(ADR) (NASDAQ:MLCO) from Neutral to Buy. Melco Resorts & Entertainment shares rose 1.81 percent to close at $23.01 on Monday.
  • Analysts at Piper Jaffray upgraded Quidel Corporation (NASDAQ:QDEL) from Neutral to Overweight. Quidel shares gained 3.89 percent to $42.50 in pre-market trading.

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Top Downgrades

  • Analysts at Piper Jaffray downgraded Kellogg Company (NYSE:K) from Overweight to Neutral. Kellogg shares rose 0.42 percent to close at $68.61 on Friday.
  • Mizuho downgraded Lennar Corporation (NYSE:LEN) from Buy to Neutral. Lennar shares gained 0.78 percent to close at $51.70 on Friday.
  • Raymond James downgraded Silver Spring Networks Inc (NYSE:SSNI) from Strong Buy to Market Perform Silver Spring Networks shares slipped 0.31 percent to $16.05 in pre-market trading.
  • Credit Suisse downgraded Time Warner Inc (NYSE:TWX) from Outperform to Neutral. Time Warner shares gained 0.15 percent to close at $101.97 on Friday.
  • Wells Fargo downgraded Under Armour Inc (NYSE:UAA) from Market Perform to Underperform. Under Armour shares fell 2.88 percent to $16.87 in pre-market trading.
  • Analysts at Barclays downgraded Sealed Air Corp (NYSE:SEE) from Overweight to Equal-Weight. Sealed Air shares declined 1.29 percent to close at $42.89 on Friday.
  • Baird downgraded Acuity Brands, Inc. (NYSE:AYI) from Outperform to Neutral. Acuity Brands shares declined 2.28 percent to $164.00 in pre-market trading.
  • SunTrust Robinson Humphrey downgraded Orbital ATK Inc (NYSE:OA) from Buy to Hold. Orbital ATK shares surged 20.18 percent to close at $132.25 on Monday.
  • Citigroup downgraded Dimension Therapeutics Inc (NASDAQ:DMTX) from Neutral to Sell. Dimension Therapeutics shares declined 4.24 percent to $5.65 in pre-market trading.
  • Susquehanna downgraded Nike Inc (NYSE:NKE) from Positive to Neutral. Nike shares fell 1.59 percent to $52.65 in pre-market trading.


Top Initiations

  • Analysts at Jefferies initiated coverage on Tesla Inc (NASDAQ:TSLA) with an Underperform rating. The price target for Tesla is set to $280. Tesla shares closed at $385.00 on Monday.
  • Oppenheimer initiated coverage on Mirati Therapeutics, Inc. (NASDAQ:MRTX) with an Outperform rating. The price target for Mirati Therapeutics is set to $18. Mirati Therapeutics shares closed at $10.80 on Monday.
  • William Blair initiated coverage on Intuit Inc. (NASDAQ:INTU) with an Outperform rating. Intuit shares closed at $143.80 on Monday.
  • Analysts at MKM Partners initiated coverage of Acacia Communications, Inc. (NASDAQ:ACIA) with a Buy rating. The price target for Acacia Communications is set to $64. Acacia Communications shares closed at $45.83 on Monday.
  • Argus initiated coverage on DowDuPont Inc (NYSE:DWDP) with a Buy rating. The price target for DowDuPont is set to $81. DowDuPont shares closed at $69.77 on Monday.
  • Analysts at Leerink Swann initiated coverage on Synlogic Inc (NASDAQ:SYBX) with an Outperform rating. The price target for Synlogic is set to $25. Synlogic shares closed at $18.73 on Monday.
  • Analysts at Deutsche Bank initiated coverage on RLJ Lodging Trust (NYSE:RLJ) with a Hold rating. The price target for RLJ Lodging Trust is set to $22. RLJ Lodging Trust closed at $21.82 on Monday.
  • Analysts at Raymond James initiated coverage on Farmland Partners Inc (NYSE:FPI) with Market Perform rating. Farmland Partners shares closed at $8.90 on Monday.
  • RBC Capital initiated coverage on Walgreens Boots Alliance Inc (NASDAQ:WBA) with a Sector Outperform rating. The price target for Walgreens is set to $96. Walgreens shares closed at $82.60 on Monday.
  • Stifel Nicolaus initiated coverage of Curtiss-Wright Corp. (NYSE:CW) with a Hold rating. The price target for Curtiss-Wright is set to $100. Curtiss-Wright shares closed at $102.22 on Monday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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