Benzinga's Top Upgrades, Downgrades For January 17, 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

  • Goldman Sachs upgraded Groupon Inc (NASDAQ:GRPN) from Sell to Neutral. Groupon shares rose 2.39 percent to $5.15 in pre-market trading.
  • Evercore ISI Group upgraded International Flavors & Fragrances Inc (NYSE:IFF) from In-Line to Outperform. International Flavors fell 0.72 percent to close at $152.54 on Tuesday.
  • SunTrust Robinson Humphrey upgraded Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) from Hold to Buy. Norwegian Cruise shares rose 1.15 percent to $58.05 in pre-market trading.
  • Analysts at Morgan Stanley upgraded Ulta Beauty Inc (NASDAQ:ULTA) from Equal-Weight to Overweight. Ulta Beauty shares rose 1.45 percent to $240.57 in pre-market trading.
  • Analysts at Longbow Research upgraded Polaris Industries Inc. (NYSE:PII) from Underperform to Neutral. Polaris shares dropped 1.62 percent to close at $127.90 on Tuesday.
  • Mizuho upgraded American Electric Power Company Inc (NYSE:AEP) from Neutral to Buy. American Electric Power shares gained 0.04 percent to close at $67.50 on Tuesday.
  • Analysts at Morgan Stanley upgraded 8x8, Inc. (NYSE:EGHT) from Equal-Weight to Overweight. 8x8 shares rose 0.33 percent to close at $15.30 on Tuesday.
  • Morgan Stanley upgraded Dean Foods Co (NYSE:DF) from Underweight to Equalweight. Dean Foods shares closed at $11.28 on Tuesday.
  • Barclays upgraded International Business Machines Corp. (NYSE:IBM) from Underweight to Overweight. IBM shares rose 2.01 percent to $167.15 in pre-market trading.
  • Analysts at Barclays upgraded Integrated Device Technology Inc (NASDAQ:IDTI) from Underweight to Equal-Weight. Integrated Device shares fell 1.67 percent to close at $31.75 on Tuesday.

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Top Downgrades

  • Morgan Stanley downgraded DISH Network Corp (NASDAQ:DISH) from Overweight to Equal-Weight. DISH fell 1.54 percent to $47.25 in pre-market trading.
  • Analysts at Telsey Advisory Group downgraded Ethan Allen Interiors Inc. (NYSE:ETH) from Outperform to Market Perform. Ethan Allen Interiors shares fell 5.86 percent to $26.50 in pre-market trading.
  • Goldman Sachs downgraded Shutterfly, Inc. (NASDAQ:SFLY) from Neutral to Sell. Shutterfly shares fell 0.87 percent to close at $52.62 on Tuesday.
  • Susquehanna downgraded Cabot Oil & Gas Corporation (NYSE:COG) from Positive to Neutral. Cabot Oil shares fell 2.98 percent to close at $28.03 on Tuesday.
  • JP Morgan downgraded Silgan Holdings Inc. (NASDAQ:SLGN) from Neutral to Underweight. Silgan shares fell 0.78 percent to close at $29.29 on Tuesday.
  • Analysts at Wells Fargo downgraded NuVasive, Inc. (NASDAQ:NUVA) from Outperform to Market Perform. NuVasive shares fell 2.51 percent to close at $51.99 on Tuesday.
  • Keefe Bruyette & Woods downgraded Citigroup Inc (NYSE:C) from Outperform to Market Perform. Citigroup shares rose 0.17 percent to $77.24 in pre-market trading.
  • Barclays downgraded Williams Companies Inc (NYSE:WMB) from Overweight to Equal-Weight. Williams Companies shares dropped 1.84 percent to close at $32.59 on Tuesday.
  • Longbow Research downgraded Apple Inc. (NASDAQ:AAPL) from Buy to Neutral. Lockheed Martin shares fell 0.32 percent to $175.62 in pre-market trading.


Top Initiations

  • Oppenheimer initiated coverage on Dollar Tree, Inc. (NASDAQ:DLTR) with a Outperform rating. The price target for Dollar Tree is set to $130. Dollar Tree shares closed at $112.88 on Tuesday.
  • Berenberg initiated coverage on CNH Industrial NV (NYSE:CNHI) with a Hold rating. The price target for CNH Industrial is set to $13.50. CNH Industrial shares closed at $14.72 on Tuesday.
  • Morgan Stanley initiated coverage on Nabriva Therapeutics plc (NASDAQ:NBRV) with a Overweight rating. The price target for Nabriva Therapeutics is set to $10. Nabriva Therapeutics shares closed at $6.00 on Tuesday.
  • Analysts at Argus initiated coverage on Boyd Gaming Corporation (NYSE:BYD) with a Buy rating. The price target for Boyd Gaming is set to $44. Boyd Gaming shares closed at $36.16 on Tuesday.
  • Analysts at William Blair initiated coverage on Pieris Pharmaceuticals Inc (NASDAQ:PIRS) with a Outperform rating. Pieris Pharmaceuticals shares closed at $6.92 on Tuesday.
  • Raymond James initiated coverage on Tableau Software Inc (NYSE:DATA) with a Market Perform rating. Tableau Software shares closed at $73.20 on Tuesday.
  • Analysts at Stephens & Co. initiated coverage on Western Alliance Bancorporation (NYSE:WAL) with a Overweight rating. Western Alliance Bancorporation shares closed at $58.60 on Tuesday.
  • Analysts at Oppenheimer initiated coverage on Dollar General Corp. (NYSE:DG) with a Outperform rating. The price target for Dollar General is set to $112. Dollar General shares closed at $98.44 on Tuesday.
  • Roth Capital initiated coverage on Boingo Wireless Inc (NASDAQ:WIFI) with a Buy rating. The price target for Boingo Wireless is set to $29. Boingo Wireless shares closed at $21.49 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.


Posted In: UpgradesDowngradesInitiationPre-Market OutlookAnalyst RatingsInitiationstop upgrades