Benzinga's Top Upgrades, Downgrades For October 10, 2017


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Top Upgrades

  • Analysts at Cowen & Co. upgraded McKesson Corporation (NYSE:MCK) from Market Perform to Outperform. McKesson shares rose 0.37 percent to $148.69 in pre-market trading.
  • Canaccord Genuity upgraded Castlight Health Inc (NYSE:CSLT) from Hold to Buy. Castlight Health shares gained 1.18 percent to close at $4.30 on Monday.
  • Bank of America upgraded C.H. Robinson Worldwide Inc (NASDAQ:CHRW) from Underperform to Buy. C.H. Robinson shares closed at $75.45 on Monday.
  • Morgan Stanley upgraded Palo Alto Networks Inc (NYSE:PANW) from Equal-Weight to Overweight. Palo Alto shares gained 1.44 percent to $148.53 in pre-market trading.
  • Credit Suisse upgraded Royal Bank of Scotland Group PLC (NYSE:RBS) from Underperform to Neutral. Royal Bank of Scotland shares rose 1.67 percent to $7.32 in pre-market trading.
  • JP Morgan upgraded Illinois Tool Works Inc. (NYSE:ITW) from Underweight to Neutral. Illinois Tool Works shares rose 0.05 percent to close at $151.70 on Monday.
  • Cowen & Co. upgraded AmerisourceBergen Corp. (NYSE:ABC) from Market Perform to Outperform. AmerisourceBergen shares fell 2.65 percent to close at $78.35 on Monday.
  • Morgan Stanley upgraded Vornado Realty Trust (NYSE:VNO) from Equal-Weight to Overweight. Vornado Realty Trust shares declined 0.37 percent to close at $77.80 on Monday.
  • Analysts at Credit Suisse upgraded Lloyds Banking Group PLC (ADR) (NYSE:LYG) from Neutral to Outperform. Lloyds Banking shares rose 0.84 percent to $3.61 in pre-market trading.

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Top Downgrades

  • Credit Suisse downgraded Eli Lilly and Co (NYSE:LLY) from Outperform to Neutral. Eli Lilly shares fell 1.90 percent to $85.40 in pre-market trading.
  • Analysts at Goldman Sachs downgraded Jabil Inc (NYSE:JBL) from Neutral to Sell. Jabil shares slipped 2.58 percent to $28.72 in pre-market trading.
  • JP Morgan downgraded Plexus Corp. (NASDAQ:PLXS) from Overweight to Neutral. Plexus shares rose 0.31 percent to close at $59.09 on Monday.
  • Analysts at Morgan Stanley downgraded Symantec Corporation (NASDAQ:SYMC) from Overweight to Equal-Weight. Symantec shares fell 1.93 percent to $32.00 in pre-market trading.
  • HSBC downgraded LyondellBasell Industries NV (NYSE:LYB) from Buy to Hold. LyondellBasell shares rose 0.14 percent to close at $99.04 on Monday.
  • Barclays downgraded First Republic Bank (NYSE:FRC) from Overweight to Equal-Weight. First Republic Bank shares slipped 0.31 percent to close at $104.66 on Monday.
  • UBS downgraded Delphi Automotive PLC (NYSE:DLPH) from Buy to Neutral. Delphi Automotive shares dropped 0.33 percent to close at $100.12 on Monday.
  • William Blair downgraded Imperva Inc (NASDAQ:IMPV) from Outperform to Market Perform. Imperva shares slipped 2.53 percent to close at $44.25 on Monday.
  • Keefe Bruyette & Woods downgraded Realogy Holdings Corp (NYSE:RLGY) from Outperform to Market Perform. Realogy Holdings shares rose 0.57 percent to close at $33.37 on Monday.
  • Morgan Stanley downgraded Qualys Inc (NASDAQ:QLYS) from Overweight to Equal-Weight. Qualys shares declined 1.22 percent to $52.50 in pre-market trading.


Top Initiations

  • Wells Fargo initiated coverage on AMC Networks Inc (NASDAQ:AMCX) with an Outperform rating. The price target for AMC Networks is set to $72. AMC Networks shares closed at $57.77 on Monday.
  • Analysts at SunTrust Robinson Humphrey initiated coverage on Vistra Energy Corp (NYSE:VST) with a Hold rating. The price target for Vistra Energy is set to $18. Vistra Energy shares closed at $18.93 on Monday.
  • First Analysis initiated coverage on Quotient Technology Inc (NYSE:QUOT) with an Overweight rating. The price target for Quotient Technology is set to $21. Quotient Technology shares closed at $17.20 on Monday.
  • Raymond James initiated coverage on FB Financial Corp (NYSE:FBK) with an Outperform rating. The price target for FB Financial is set to $41. FB Financial shares closed at $37.93 on Monday.
  • Analysts at Jefferies initiated coverage on Energen Corporation (NYSE:EGN) with a Buy rating. The price target for Energen is set to $68. Energen shares closed at $52.61 on Monday.
  • H.C. Wainwright initiated coverage on MannKind Corporation (NASDAQ:MNKD) with a Buy rating. The price target for MannKind is set to $7. MannKind shares closed at $5.33 on Monday.
  • Analysts at Longbow Research initiated coverage of Welbilt Inc (NYSE:WBT) with a Neutral rating. Welbilt shares closed at $22.30 on Monday.
  • Analysts at Mizuho Securities initiated coverage on ONEOK, Inc. (NYSE:OKE) with a Neutral rating. The price target for ONEOK is set to $59. ONEOK shares closed at $56.07 on Monday.
  • Analysts at RBC Capital initiated coverage on Ball Corporation (NYSE:BLL) with an Outperform rating. The price target for Ball is set to $46. Ball closed at $42.06 on Monday.
  • Jefferies initiated coverage of Whiting Petroleum Corp (NYSE:WLL) with a Hold rating. The price target for Whiting Petroleum is set to $6. Whiting Petroleum shares closed at $5.30 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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