Benzinga's Top Upgrades, Downgrades For October 27, 2017


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.


Top Upgrades

  • Raymond James upgraded Amazon.com, Inc. (NASDAQ:AMZN) from Market Perform to Outperform. Amazon shares rose 7.46 percent to $1,045.00 in pre-market trading.
  • Stifel Nicolaus upgraded Quintiles IMS Holdings Inc (NYSE:Q) from Hold to Buy. Quintiles IMS shares gained 3.94 percent to close at $105.50 on Thursday.
  • Needham upgraded First Solar, Inc. (NASDAQ:FSLR) from Hold to Buy. First Solar shares rose 9.18 percent to $52.32 in pre-market trading.
  • Compass Point upgraded Radian Group Inc (NYSE:RDN) from Neutral to Buy. Radian shares rose 3.01 percent to close at $20.90 on Thursday.
  • JP Morgan upgraded Imax Corp (USA) (NYSE:IMAX) from Neutral to Overweight. Imax shares rose 2.35 percent to $23.95 in pre-market trading.
  • Monness Crespi Hardt upgraded Facebook Inc (NASDAQ:FB) from Neutral to Buy. Facebook shares gained 2.05 percent to $174.13 in pre-market trading.
  • Evercore ISI Group upgraded Corporate Office Properties Trust (NYSE:OFC) from Underperform to In-Line. Corporate Office Properties shares slipped 0.03 percent to close at $31.15 on Thursday.
  • Analysts at Morgan Stanley upgraded Celgene Corporation (NASDAQ:CELG) from Underweight to Equal-Weight. Celgene shares gained 0.23 percent to $100.22 in pre-market trading.
  • Analysts at Raymond James upgraded Cullen/Frost Bankers, Inc. (NYSE:CFR) from Underperform to Market Perform. Cullen/Frost Bankers shares gained 0.95 percent to close at $100.47 on Thursday.


Top Downgrades

  • Analysts at William Blair downgraded Electronics For Imaging, Inc. (NASDAQ:EFII) from Outperform to Market Perform. Electronics for Imaging shares fell 22.86 percent to $32.50 in pre-market trading.
  • SunTrust Robinson Humphrey downgraded Dynegy Inc. (NYSE:DYN) from Buy to Hold. Dynegy shares rose 0.72 percent to $11.26 in pre-market trading.
  • JP Morgan downgraded Cerner Corporation (NASDAQ:CERN) from Overweight to Neutral. Cerner shares fell 8.30 percent to $65.40 in pre-market trading.
  • Evercore ISI Group downgraded Tesla Inc (NASDAQ:TSLA) from Outperform to In-Line. Tesla shares declined 1.31 percent to $321.90 in pre-market trading.
  • Analysts at Piper Jaffray downgraded Michaels Companies Inc (NASDAQ:MIK) from Neutral to Underweight. Michaels Companies shares rose 0.48 percent to close at $21.13 on Thursday.
  • Stifel Nicolaus downgraded Gigamon Inc (NYSE:GIMO) from Buy to Hold. Gigamon shares gained 6.09 percent to $38.35 in pre-market trading.
  • Evercore ISI Group downgraded Teradyne, Inc. (NYSE:TER) from Outperform to In-Line. Teradyne shares gained 7.44 percent to close at $42.03 on Thursday.
  • Credit Suisse downgraded Mercer International Inc. (NASDAQ:MERC) from Outperform to Neutral. Mercer shares fell 0.35 percent to $14.05 in pre-market trading.
  • Mizuho downgraded Dunkin Brands Group Inc (NASDAQ:DNKN) from Neutral to Underperform. Dunkin Brands shares rose 0.43 percent to close at $55.63 on Thursday.
  • Morgan Stanley downgraded Ingersoll-Rand PLC (NYSE:IR) from Overweight to Equal-Weight. Ingersoll-Rand shares fell 0.72 percent to close at $90.66 on Thursday.


Top Initiations

  • Canaccord Genuity initiated coverage on Biogen Inc (NASDAQ:BIIB) with a Hold rating. The price target for Biogen is set to $340. Biogen shares closed at $307.64 on Thursday.
  • Wells Fargo initiated coverage on Black Hills Corp (NYSE:BKH) with a Market Perform rating. The price target for Black Hills is set to $58. Black Hills shares closed at $65.09 on Thursday.
  • Canaccord Genuity initiated coverage on Voyager Therapeutics Inc (NASDAQ:VYGR) with a Buy rating. The price target for Voyager Therapeutics is set to $35. Voyager Therapeutics shares closed at $21.54 on Thursday.
  • Analysts at SunTrust Robinson Humphrey initiated coverage on Okta Inc (NASDAQ:OKTA) with a Buy rating. The price target for Okta is set to $36. Okta shares closed at $27.59 on Thursday.
  • Analysts at Compass Point initiated coverage of Granite Point Mortgage Trust Inc (NYSE:GPMT) with a Buy rating. The price target for Granite Point Mortgage is set to $19.50. Granite Point Mortgage shares closed at $18.13 on Thursday.
  • Analysts at Canaccord Genuity initiated coverage on Alder Biopharmaceuticals Inc (NASDAQ:ALDR) with a Buy rating. The price target for Alder Biopharmaceuticals is set to $20. Alder Biopharmaceuticals shares closed at $10.35 on Thursday.
  • Analysts at Mizuho initiated coverage on CalAtlantic Group Inc (NYSE:CAA) with a Buy rating. The price target for CalAtlantic is set to $45. CalAtlantic shares closed at $39.98 on Thursday.

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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Posted In: UpgradesDowngradesInitiationPre-Market OutlookAnalyst RatingsDowngradesInitiationstop upgrades