Benzinga's Top Upgrades, Downgrades For September 26, 2017


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Top Upgrades

  • Analysts at UBS upgraded Discovery Communications Inc. (NASDAQ:DISCA) from Sell to Neutral. Discovery shares rose 1.03 percent to $21.57 in pre-market trading.
  • Deutsche Bank upgraded RH (NYSE:RH) from Hold to Buy. RH shares gained 1.41 percent to $72.64 in pre-market trading.
  • Credit Suisse upgraded Boston Beer Company Inc (NYSE:SAM) from Underperform to Neutral. Boston Beer shares fell 0.81 percent to close at $153.00 on Monday.
  • Leerink Swann upgraded Dova Pharmaceuticals Inc (NASDAQ:DOVA) from Market Perform to Outperform. Dova Pharmaceuticals shares dropped 8.52 percent to close at $22.45 on Monday.
  • Cowen & Co. upgraded Altria Group Inc (NYSE:MO) from Market Perform to Outperform. Altria shares rose 0.56 percent to $64.15 in pre-market trading.
  • Atlantic Equities upgraded L Brands Inc (NYSE:LB) from Neutral to Overweight. L Brands shares rose 1.47 percent to $41.50 in pre-market trading.
  • Analysts at JP Morgan upgraded Macerich Co (NYSE:MAC) from Neutral to Overweight. Macerich shares rose 2.73 percent to close at $54.16 on Monday.
  • Cowen & Co. upgraded British American Tobacco PLC (ADR) (NYSE:BTI) from Market Perform to Outperform. British American Tobacco shares fell 1.08 percent to $61.32 in pre-market trading.
  • Analysts at KeyBanc upgraded Summit Hotel Properties Inc (NYSE:INN) from Sector Weight to Overweight. Summit Hotel shares rose 0.65 percent to close at $15.46 on Monday.

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Top Downgrades

  • Deutsche Bank downgraded JPMorgan Chase & Co. (NYSE:JPM) from Buy to Hold. JPMorgan shares slipped 0.46 percent to $93.69 in pre-market trading.
  • Wedbush downgraded Shake Shack Inc (NYSE:SHAK) from Outperform to Neutral. Shake Shack shares dropped 0.92 percent to $33.30 in pre-market trading.
  • Analysts at JP Morgan downgraded Taubman Centers, Inc. (NYSE:TCO) from Overweight to Neutral. Taubman Centers shares declined 0.82 percent to $49.59 in pre-market trading.
  • Baird downgraded Calgon Carbon Corporation (NYSE:CCC) from Outperform to Neutral. Calgon Carbon shares fell 0.12 percent to $21.38 in pre-market trading.
  • Wedbush downgraded Cheesecake Factory Inc (NASDAQ:CAKE) from Outperform to Neutral. Cheesecake Factory shares fell 0.96 percent to $41.20 in pre-market trading.
  • Deutsche Bank downgraded PNC Financial Services Group Inc (NYSE:PNC) from Buy to Hold. PNC Financial shares rose 0.07 percent to close at $133.52 on Monday.
  • Analysts at Citigroup downgraded AFLAC Incorporated (NYSE:AFL) from Neutral to Sell. Aflac shares dropped 1.69 percent to $82.84 in pre-market trading.
  • Buckingham downgraded Hawaiian Holdings, Inc. (NASDAQ:HA) from Buy to Neutral. Hawaiian shares dropped 0.80 percent to $37.15 in pre-market trading.
  • Evercore ISI Group downgraded Consolidated Edison, Inc. (NYSE:ED) from In-Line to Underperform. Consolidated Edison shares rose 1.90 percent to $83.80 in pre-market trading.
  • Bank of America downgraded World Fuel Services Corp (NYSE:INT) from Neutral to Underperform. World Fuel Services shares fell 0.65 percent to $36.50 in pre-market trading.


Top Initiations

  • Analysts at Deutsche Bank initiated coverage on Dycom Industries, Inc. (NYSE:DY) with a Buy rating. The price target for Dycom is set to $103. Dycom shares closed at $81.23 on Monday.
  • HSBC initiated coverage on DowDuPont Inc (NYSE:DWDP) with a Hold rating. The price target for DowDuPont is set to $66. DowDuPont shares closed at $70.34 on Monday.
  • Cowen & Co. initiated coverage on Alder Biopharmaceuticals Inc (NASDAQ:ALDR) with a Outperform rating. The price target for Alder Biopharmaceuticals is set to $20. Alder Biopharmaceuticals shares closed at $11.15 on Monday.
  • Analysts at BMO Capital initiated coverage of Cheniere Energy, Inc. (NYSE:LNG) with an Outperform rating. The price target for Cheniere Energy is set to $60. Cheniere Energy shares closed at $44.12 on Monday.
  • Analysts at Macquarie initiated coverage on Delta Air Lines, Inc. (NYSE:DAL) with an Outperform rating. The price target for Delta Air is set to $61. Delta Air shares closed at $48.32 on Monday.
  • RBC Capital initiated coverage on Tegna Inc (NYSE:TGNA) with a Sector Perform rating. The price target for Tegna is set to $14. Tegna shares closed at $12.86 on Monday.
  • H.C. Wainwright initiated coverage on Corium International Inc (NASDAQ:CORI) with a Buy rating. The price target for Corium International is set to $15. Corium International shares closed at $10.88 on Monday.
  • Analysts at Berenberg initiated coverage on Equinix, Inc. (NASDAQ:EQIX) with Buy rating. The price target for Equinix is set to $550. Equinix shares closed at $437.21 on Monday.
  • Analysts at DA Davidson initiated coverage on Schweitzer-Mauduit International, Inc. (NYSE:SWM) with a Buy rating. The price target for Schweitzer-Mauduit is set to $47. Schweitzer-Mauduit closed at $40.11 on Monday.
  • Macquarie initiated coverage of American Airlines Group Inc (NASDAQ:AAL) with a Neutral rating. The price target for American Airlines is set to $47. American Airlines shares closed at $47.70 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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