Benzinga's Top Upgrades, Downgrades For October 17, 2017


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Top Upgrades

  • Stifel Nicolaus upgraded Biogen Inc (NASDAQ:BIIB) from Hold to Buy. Biogen shares rose 1.69 percent to $341.36 in pre-market trading.
  • Deutsche Bank upgraded Century Aluminum Co (NASDAQ:CENX) from Hold to Buy. Century Aluminum shares rose 2.58 percent to $15.90 in pre-market trading.
  • Goldman Sachs upgraded Phillips 66 Partners LP (NYSE:PSXP) from Sell to Neutral. Phillips 66 Partners shares declined 2.70 percent to close at $51.91 on Monday.
  • SunTrust Robinson Humphrey upgraded WEX Inc (NYSE:WEX) from Hold to Buy. WEX shares gained 0.21 percent to close at $120.25 on Monday.
  • Analysts at Citi upgraded Prudential Financial Inc (NYSE:PRU) from Neutral to Buy. Prudential Financial shares rose 1.26 percent to $110.75 in pre-market trading.
  • Jefferies upgraded Commercial Metals Company (NYSE:CMC) from Hold to Buy. Commercial Metals shares fell 1.35 percent to close at $20.50 on Friday.
  • Goldman Sachs upgraded Energy Transfer Equity LP (NYSE:ETE) from Neutral to Buy. Energy Transfer Equity shares fell 1.39 percent to close at $17.75 on Monday.
  • Analysts at Bank of America upgraded Emerson Electric Co. (NYSE:EMR) from Neutral to Buy. Emerson Electric shares rose 1.49 percent to $65.40 in pre-market trading.

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Top Downgrades

  • Deutsche Bank downgraded Freeport-McMoRan Inc (NYSE:FCX) from Hold to Sell. Freeport-McMoRan shares fell 1.18 percent to $15.09 in pre-market trading.
  • Analysts at Goldman Sachs downgraded Spectra Energy Partners, LP (NYSE:SEP) from Neutral to Sell. Spectra Energy Partners shares fell 0.86 percent to $44.00 in pre-market trading.
  • Argus downgraded Darden Restaurants, Inc. (NYSE:DRI) from Buy to Hold. Darden shares fell 0.51 percent to $79.79 in pre-market trading.
  • RBC Capital downgraded United Natural Foods, Inc. (NASDAQ:UNFI) from Sector Perform to Underperform. United Natural Foods shares fell 2.39 percent to $39.60 in pre-market trading.
  • KLR Group downgraded Unit Corporation (NYSE:UNT) from Buy to Hold. Unit shares fell 0.56 percent to $19.54 in pre-market trading.
  • KeyBanc downgraded Tyler Technologies, Inc. (NYSE:TYL) from Overweight to Sector Weight. Tyler Technologies shares rose 0.04 percent to close at $179.58 on Monday.
  • Analysts at Raymond James downgraded Briggs & Stratton Corporation (NYSE:BGG) from Market Perform to Underperform. Briggs & Stratton shares rose 1.07 percent to close at $24.45 on Monday.
  • Goldman Sachs downgraded Targa Resources Corp (NYSE:TRGP) from Buy to Neutral. Targa Resources shares declined 3.26 percent to close at $45.69 on Monday.


Top Initiations

  • BMO Capital initiated coverage on WellCare Health Plans, Inc. (NYSE:WCG) with an Outperform rating. The price target for WellCare Health is set to $215. WellCare Health shares closed at $167.92 on Monday.
  • Pivotal Research initiated coverage on Hewlett Packard Enterprise Co (NYSE:HPE) with a Hold rating. The price target for Hewlett Packard Enterprise is set to $14. Hewlett Packard Enterprise shares closed at $14.86 on Monday.
  • Analysts at Deutsche Bank initiated coverage on Legg Mason Inc (NYSE:LM) with a Buy rating. The price target for Legg Mason is set to $44. Legg Mason shares closed at $37.63 on Monday.
  • Buckingham initiated coverage on Parker-Hannifin Corp (NYSE:PH) with a Buy rating. The price target for Parker-Hannifin is set to $205. Parker-Hannifin shares closed at $181.41 on Monday.
  • BMO Capital initiated coverage on Humana Inc (NYSE:HUM) with an Outperform rating. The price target for Humana is set to $300. Humana shares closed at $237.17 on Monday.
  • Analysts at KeyBanc initiated coverage of ICU Medical, Incorporated (NASDAQ:ICUI) with a Sector Weight rating. ICU Medical shares closed at $188.40 on Monday.
  • Analysts at Susquehanna initiated coverage on United Natural Foods, Inc. (NASDAQ:UNFI) with a Neutral rating. The price target for United Natural Foods is set to $43. United Natural Foods shares closed at $40.57 on Monday.
  • Analysts at DA Davidson initiated coverage on MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) with a Neutral rating. The price target for MACOM Technology is set to $45. MACOM Technology shares closed at $36.58 on Monday.
  • Analysts at JMP Securities initiated coverage on Carbonite Inc (NASDAQ:CARB) with a Market Outperform rating. The price target for Vis Carbonite a is set to $30. Carbonite closed at $22.30 on Monday.
  • Bernstein initiated coverage of Celgene Corporation (NASDAQ:CELG) with an Outperform rating. The price target for Celgene is set to $162. Celgene shares closed at $136.71 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.


Posted In: UpgradesDowngradesInitiationPre-Market OutlookAnalyst RatingsAsset Management & Custody BanksDowngradesFinancialsHealth CareHealth Care EquipmentInitiationstop upgrades