Benzinga's Top Upgrades, Downgrades For January 3, 2018


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 Raymond James upgraded Baxter International Inc (NYSE:BAX) from Market Perform to Outperform. Baxter shares rose 0.49 percent to $67.50 in pre-market trading.
  • Bernstein upgraded Wells Fargo & Co (NYSE:WFC) from Market Perform to Outperform. Wells Fargo shares rose 0.57 percent to $61.44 in pre-market trading.
  • Analysts at Wells Fargo upgraded Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) from Market Perform to Outperform. Arena Pharmaceuticals shares gained 3.56 percent to $37.50 in pre-market trading.
  • Morgan Stanley upgraded Oracle Corporation (NYSE:ORCL) from Equal-Weight to Overweight. Oracle shares gained 1.44 percent to $47.30 in pre-market trading.
  • Analysts at Baird upgraded Fluor Corporation (NYSE:FLR) from Neutral to Outperform. Fluor shares rose 1.28 percent to $53.00 in pre-market trading.
  • Analysts at Rosenblatt upgraded Walt Disney Co (NYSE:DIS) from Neutral to Buy. Disney shares rose 1.08 percent to $60.87 in pre-market trading.
  • RBC Capital upgraded International Business Machines Corp. (NYSE:IBM) from Sector Perform to Outperform. IBM shares rose 1.37 percent to $156.36 in pre-market trading.
  • Instinet upgraded Stifel Financial Corp (NYSE:SF) from Neutral to Buy. Stifel Financial shares rose 1.11 percent to close at $60.25 on Tuesday.
  • Analysts at PiperJaffray upgraded General Mills, Inc. (NYSE:GIS) from Underweight to Neutral. General Mills shares fell 0.44 percent to close at $59.04 on Tuesday.
  • Barclays upgraded Alliance Data Systems Corporation (NYSE:ADS) from Equal-Weight to Overweight. Alliance Data shares rose 0.72 percent to close at $255.33 on Tuesday.

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Top Downgrades

  • Longbow Research downgraded Harley-Davidson Inc (NYSE:HOG) from Neutral to Underperform. Harley-Davidson shares fell 2.50 percent to $50.76 in pre-market trading.
  • Wells Fargo downgraded TJX Companies Inc (NYSE:TJX) from Outperform to Market Perform. TJX shares fell 0.38 percent to $76.40 in pre-market trading.
  • Analysts at RBC Capital downgraded Macerich Co (NYSE:MAC) from Outperform to Sector Perform. Macerich shares rose 1.41 percent to close at $66.61 on Tuesday.
  • Analysts at Chardan Capital downgraded KEYW Holding Corp. (NASDAQ:KEYW) from Buy to Neutral. KEYW shares rose 1.36 percent to close at $5.95 on Tuesday.
  • PiperJaffray downgraded HCA Healthcare Inc (NYSE:HCA) from Overweight to Neutral. HCA Healthcare climbed 1.87 percent to close at $89.51 on Tuesday.
  • Stifel Nicolaus downgraded Egalet Corp (NASDAQ:EGLT) from Buy to Hold. Egalet shares rose 5.83 percent to $1.09 in pre-market trading.
  • Credit Suisse downgraded Legg Mason Inc (NYSE:LM) from Outperform to Neutral. Legg Mason shares fell 1.20 percent to close at $41.47 on Tuesday.
  • Raymond James downgraded Steris PLC (NYSE:STE) from Outperform to Market Perform. STERIS shares gained 1 percent to close at $88.31 on Tuesday.


Top Initiations

  • Goldman Sachs initiated coverage on Humana Inc (NYSE:HUM) with a Buy rating. The price target for Humana is set to $305. Humana shares closed at $251.64 on Tuesday.
  • Evercore ISI Group initiated coverage on Abbott Laboratories (NYSE:ABT) with a Outperform rating. The price target for Abbott is set to $64. Abbott shares closed at $58.79 on Tuesday.
  • Analysts at BMO Capital initiated coverage on Nutrien Ltd. (NYSE:NTR) with a Market Perform rating. The price target for Nutrien is set to $54. Nutrien shares closed at $54.75 on Tuesday.
  • Deutsche Bank initiated coverage on American Express Company (NYSE:AXP) with a Buy rating. American Express shares closed at $98.94 on Tuesday.
  • Analysts at Leerink Swann initiated coverage on Pacira Pharmaceuticals Inc (NASDAQ:PCRX) with a Market Perform rating. The price target for Pacira Pharmaceuticals is set to $46. Pacira Pharmaceuticals shares closed at $46.30 on Tuesday.
  • Evercore ISI Group initiated coverage on Intuitive Surgical, Inc. (NASDAQ:ISRG) with a In-Line rating. The price target for Intuitive Surgical is set to $380. Intuitive Surgical shares closed at $375.25 on Tuesday.
  • Analysts at Credit Suisse initiated coverage on Phillips 66 (NYSE:PSX) with a Neutral rating. The price target for Phillips 66 is set to $108. Phillips 66 shares closed at $101.75 on Tuesday.
  • Credit Suisse initiated coverage on Marathon Petroleum Corp (NYSE:MPC) with a Outperform rating. The price target for Marathon Petroleum is set to $83. Marathon Petroleum shares closed at $67.18 on Tuesday.
  • Analysts at Goldman Sachs initiated coverage on UnitedHealth Group Inc (NYSE:UNH) with a Buy rating. The price target for UnitedHealth is set to $269. UnitedHealth shares closed at $221.16 on Tuesday.
  • Analysts at Barclays initiated coverage on Bank Of The Ozarks Inc (NASDAQ:OZRK) with a Overweight rating. The price target for Bank Of The Ozarks is set to $60. Bank Of The Ozarks closed at $48.39 on Tuesday.

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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