Benzinga's Top Upgrades, Downgrades For December 15, 2017


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Top Upgrades

  • Analysts at Goldman Sachs upgraded Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) from Neutral to Buy. Teva shares rose 3.29 percent to $17.87 in pre-market trading.
  • Argus upgraded Skechers USA Inc (NYSE:SKX) from Hold to Buy. Skechers shares gained 1.03 percent to $37.30 in pre-market trading.
  • Analysts at Stifel Nicolaus upgraded Under Armour Inc (NYSE:UAA) from Hold to Buy. Under Armour shares rose 3.91 percent to $14.36 in pre-market trading.
  • Analysts at JP Morgan upgraded Marathon Oil Corporation (NYSE:MRO) from Underweight to Neutral. Marathon Oil shares closed at $15.12 on Thursday.
  • Barclays upgraded Centurylink Inc (NYSE:CTL) from Underweight to Equal-Weight. CenturyLink shares rose 2 percent to $16.80 in pre-market trading.
  • Macquarie upgraded Criteo SA (ADR) (NASDAQ:CRTO) from Neutral to Outperform. Criteo shares closed at $24.42 on Thursday.
  • Baird upgraded Express Scripts Holding Co (NASDAQ:ESRX) from Neutral to Outperform. Express Scripts shares rose 0.28 percent to $69.20 in pre-market trading.
  • JP Morgan upgraded HCP, Inc. (NYSE:HCP) from Neutral to Overweight. HCP shares gained 0.90 percent to $27.05 in pre-market trading.
  • Analysts at Barclays upgraded Sealed Air Corp (NYSE:SEE) from Equal-Weight to Overweight. Sealed Air shares rose 0.41 percent to $48.23 in pre-market trading.
  • Macquarie upgraded T-Mobile US Inc (NASDAQ:TMUS) from Neutral to Outperform. T-Mobile US shares fell 0.24 percent to $62.41 in pre-market trading.


Top Downgrades

  • Analysts at Axiom Capital downgraded Canadian Solar Inc. (NASDAQ:CSIQ) from Buy to Hold. Canadian Solar shares fell 0.39 percent to $17.62 in pre-market trading.
  • KeyBanc downgraded Twenty-First Century Fox Inc (NASDAQ:FOXA) from Overweight to Sector Weight. Twenty-First Century Fox shares closed at $34.88 on Thursday.
  • Gabelli & Co. downgraded Nordson Corporation (NASDAQ:NDSN) from Buy to Hold. Nordson shares rose 0.03 percent to $143.90 in pre-market trading.
  • JP Morgan downgraded Hess Corp. (NYSE:HES) from Neutral to Underweight. Hess rose 4.87 percent to $44.75 in pre-market trading.
  • RBC Capital downgraded Oracle Corporation (NYSE:ORCL) from Outperform to Sector Perform. Oracle shares fell 4.86 percent to $47.75 in pre-market trading.
  • Analysts at Jefferies downgraded First Republic Bank (NYSE:FRC) from Buy to Hold. First Republic Bank shares fell 0.06 percent to $88.49 in pre-market trading.
  • JP Morgan downgraded AvalonBay Communities Inc (NYSE:AVB) from Overweight to Neutral. AvalonBay Communities shares gained 0.03 percent to close at $182.37 on Thursday.
  • Stifel Nicolaus downgraded Fitbit Inc (NYSE:FIT) from Hold to Sell. Fitbit shares fell 4.25 percent to $6.53 in pre-market trading.
  • Needham downgraded Cardiovascular Systems Inc (NASDAQ:CSII) from Buy to Hold. Cardiovascular Systems shares fell 1.62 percent to $24.33 in pre-market trading.
  • JMP Securities downgraded Criteo SA (ADR) (NASDAQ:CRTO) from Outperform to Market Perform. Criteo shares rose 0.12 percent to $24.45 in pre-market trading.


Top Initiations

  • Roth Capital initiated coverage on Restoration Robotics Inc (NASDAQ:HAIR) with a Buy rating. The price target for Restoration Robotics is set to $7.5. Restoration Robotics shares closed at $5.40 on Thursday.
  • Cantor Fitzgerald initiated coverage on Rigel Pharmaceuticals, Inc. (NASDAQ:RIGL) with an Overweight rating. The price target for Rigel Pharmaceuticals is set to $6. Rigel Pharmaceuticals shares closed at $3.57 on Thursday.
  • Canaccord Genuity initiated coverage on Intra-Cellular Therapies Inc (NASDAQ:ITCI) with a Buy rating. The price target for Intra-Cellular Therapies is set to $31. Intra-Cellular Therapies shares closed at $14.90 on Thursday.
  • Analysts at Credit Suisse initiated coverage on Ocean Rig UDW Inc (NASDAQ:ORIG) with an Outperform rating. The price target for Ocean Rig UDW is set to $32. Ocean Rig UDW shares closed at $24.55 on Thursday.
  • Analysts at Cowen & Co. initiated coverage on Redfin Corp (NASDAQ:RDFN) with an Outperform rating. The price target for Redfin is set to $30. Redfin shares closed at $25.30 on Thursday.
  • Analysts at Mizuho initiated coverage on Exelon Corporation (NYSE:EXC) with an Underperform rating. The price target for Exelon is set to $36. Exelon shares closed at $40.81 on Thursday.
  • Morgan Stanley initiated coverage on ViaSat, Inc. (NASDAQ:VSAT) with an Equal-Weight rating. The price target for ViaSat is set to $78. ViaSat shares closed at $72.72 on Thursday.
  • Analysts at Barclays initiated coverage on Frontier Communications Corp (NASDAQ:FTR) with an Underweight rating. The price target for Frontier Communications is set to $7. Frontier Communications shares closed at $8.69 on Thursday.
  • Analysts at DA Davidson initiated coverage on FactSet Research Systems Inc. (NYSE:FDS) with an Neutral rating. The price target for FactSet is set to $174. FactSet closed at $202.46 on Thursday.
  • KeyBanc initiated coverage on Delphi Technologies PLC (NYSE:DLPH) with an Overweight rating. The price target for Delphi Technologies is set to $61. Delphi Technologies shares closed at $55.12 on Thursday.

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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Posted In: UpgradesDowngradesInitiationPre-Market OutlookAnalyst RatingsDowngradesInitiationsTop Gainerstop upgrades