Benzinga's Top Upgrades, Downgrades For October 12, 2017


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Top Upgrades

  • Deutsche Bank upgraded Host Hotels and Resorts Inc (NYSE:HST) from Hold to Buy. Host Hotels shares rose 1.55 percent to $18.96 in pre-market trading.
  • JP Morgan upgraded Canadian Pacific Railway Limited (USA) (NYSE:CP) from Neutral to Overweight. Canadian Pacific Railway shares gained 1.46 percent to close at $167.40 on Wednesday.
  • Citigroup upgraded Transocean LTD (NYSE:RIG) from Neutral to Buy. Transocean shares rose 0.19 percent to $10.63 in pre-market trading.
  • Imperial Capital upgraded Delta Air Lines, Inc. (NYSE:DAL) from In-Line to Outperform. Delta Air shares rose 0.15 percent to $53.15 in pre-market trading.
  • Analysts at KeyBanc upgraded Physicians Realty Trust (NYSE:DOC) from Sector Weight to Overweight. Physicians Realty Trust shares fell 0.14 percent to close at $17.63 on Wednesday.
  • Stephens & Co. upgraded Kroger Co (NYSE:KR) from Underweight to Equal-Weight. Kroger shares gained 0.77 percent to $20.92 in pre-market trading.
  • Wells Fargo upgraded Infinity Pharmaceuticals Inc. (NASDAQ:INFI) from Market Perform to Outperform. Infinity Pharmaceuticals shares rose 39.52 percent to $2.33 in pre-market trading.

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Top Downgrades

  • Benchmark downgraded Glu Mobile Inc. (NASDAQ:GLUU) from Buy to Hold. Glu Mobile shares rose 5.26 percent to $4.00 in pre-market trading.
  • Analysts at Jefferies downgraded Monro Inc (NASDAQ:MNRO) from Buy to Hold. Monro shares slipped 1.59 percent to $52.75 in pre-market trading.
  • Raymond James downgraded Blackhawk Network Holdings Inc (NASDAQ:HAWK) from Outperform to Market Perform. Blackhawk shares fell 8.14 percent to $40.60 in pre-market trading.
  • Citigroup downgraded Diamond Offshore Drilling Inc (NYSE:DO) from Neutral to Sell. Diamond Offshore shares fell 0.86 percent to close at $15.00 on Wednesday.
  • Analysts at Instinet downgraded Juniper Networks, Inc. (NYSE:JNPR) from Buy to Neutral. Juniper shares fell 5.25 percent to $25.45 in pre-market trading.
  • Credit Suisse downgraded Williams-Sonoma, Inc. (NYSE:WSM) from Neutral to Underperform. Williams-Sonoma shares declined 1.38 percent to close at $50.70 on Tuesday.
  • Deutsche Bank downgraded BorgWarner Inc. (NYSE:BWA) from Buy to Hold. BorgWarner shares rose 0.04 percent to close at $52.01 on Tuesday.
  • Longbow Research downgraded Cummins Inc. (NYSE:CMI) from Buy to Neutral. Cummins shares dropped 1.18 percent to $170.30 in pre-market trading.
  • Deutsche Bank downgraded Delphi Automotive PLC (NYSE:DLPH) from Buy to Hold. Delphi Automotive shares rose 0.66 percent to close at $99.25 on Wednesday.
  • Cowen & Co. downgraded NanoString Technologies Inc (NASDAQ:NSTG) from Outperform to Market Perform. NanoString shares rose 0.13 percent to close at $15.66 on Wednesday.


Top Initiations

  • Mizuho initiated coverage on Cloudera Inc (NYSE:CLDR) with a Neutral rating. The price target for Cloudera is set to $18. Cloudera shares closed at $15.78 on Wednesday.
  • Analysts at Oppenheimer initiated coverage on Square Inc (NYSE:SQ) with an Outperform rating. The price target for Square is set to $35. Square shares closed at $32.00 on Wednesday.
  • H.C. Wainwright initiated coverage on TESARO Inc (NASDAQ:TSRO) with a Buy rating. The price target for TESARO is set to $158. TESARO shares closed at $117.91 on Wednesday.
  • Wells Fargo reinstated coverage on Quest Diagnostics Inc (NYSE:DGX) with a Market Perform rating. The price target for Quest Diagnostics is set to $88. Quest Diagnostics shares closed at $91.45 on Wednesday.
  • Imperial Capital initiated coverage on Jagged Peak Energy Inc (NYSE:JAG) with an Outperform rating. The price target for Jagged Peak Energy is set to $18. Jagged Peak Energy shares closed at $13.96 on Wednesday.
  • Raymond James initiated coverage on Spark Therapeutics Inc (NASDAQ:ONCE) with an Outperform rating. The price target for Spark Therapeutics is set to $96. Spark Therapeutics shares closed at $86.20 on Wednesday.
  • Analysts at H.C. Wainwright initiated coverage on Acceleron Pharma Inc (NASDAQ:XLRN) with a Buy rating. The price target for Acceleron Pharma is set to $57. Acceleron Pharma shares closed at $38.76 on Wednesday.
  • Analysts at Wells Fargo reinstated coverage of Laboratory Corp. of America Holdings (NYSE:LH) with an Outperform rating. The price target for Laboratory Corp is set to $175. Laboratory Corp shares closed at $149.28 on Wednesday.

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.


Posted In: UpgradesDowngradesInitiationPre-Market OutlookAnalyst RatingsDowngradesInitiationstop upgrades