Benzinga's Top Upgrades, Downgrades For February 6, 2018


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Top Upgrades

  • Piper Jaffray upgraded IMPINJ Inc (NASDAQ:PI) from Neutral to Overweight. Impinj shares fell 0.75 percent to $11.85 in pre-market trading.
  • Barclays upgraded Dr Pepper Snapple Group Inc. (NYSE:DPS) from Equal-Weight to Overweight. Dr Pepper Snapple shares fell 0.32 percent to close at $118.33 on Monday.
  • KeyBanc upgraded Micron Technology, Inc. (NASDAQ:MU) from Sector Weight to Overweight. Micron shares rose 2.61 percent to $40.43 in pre-market trading.
  • Barclays upgraded Chevron Corporation (NYSE:CVX) from Equal-Weight to Overweight. Chevron fell 1.78 percent to $110.62 in pre-market trading.
  • Analysts at Longbow Research upgraded HB Fuller Co (NYSE:FUL) from Neutral to Buy. H.B. Fuller shares fell 3.84 percent to close at $47.82 on Monday.
  • Analysts at BMO Capital upgraded Skyworks Solutions Inc (NASDAQ:SWKS) from Market Perform to Outperform. Skyworks shares rose 1.70 percent to $96.29 in pre-market trading.
  • SunTrust Robinson Humphrey upgraded Cimarex Energy Co (NYSE:XEC) from Hold to Buy. Cimarex Energy shares fell 2.74 percent to close at $107.91 on Friday.
  • Analysts at DA Davidson upgraded ChannelAdvisor Corp (NYSE:ECOM) from Neutral to Buy. ChannelAdvisor shares closed at $9.00 on Friday.
  • Janney Capital upgraded RGC Resources Inc. (NASDAQ:RGCO) from Neutral to Buy. RGC Resources shares fell 4.16 percent to $22.35 in pre-market trading.

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Top Downgrades

  • Barclays downgraded Exxon Mobil Corporation (NYSE:XOM) from Overweight to Underweight. Exxon Mobil shares fell 0.73 percent to $79.14 in pre-market trading.
  • Citigroup downgraded VMware, Inc. (NYSE:VMW) from Buy to Neutral. VMware shares fell 2.19 percent to $113.85 in pre-market trading.
  • Stephens & Co. downgraded Catalent Inc (NYSE:CTLT) from Overweight to Equal-Weight. Catalent shares dropped 6.65 percent to close at $43.50 on Monday.
  • SunTrust Robinson Humphrey downgraded Concho Resources Inc (NYSE:CXO) from Buy to Hold. Concho Resources shares fell 2 percent to close at $151.44 on Monday.
  • Analysts at Needham downgraded Cirrus Logic, Inc. (NASDAQ:CRUS) from Buy to Hold. Cirrus Logic fell 14.68 percent to $38.30 in pre-market trading.
  • SunTrust Robinson Humphrey downgraded Pioneer Natural Resources (NYSE:PXD) from Buy to Hold. Pioneer Natural shares fell 3.87 percent to close at $171.82 on Monday.
  • JP Morgan downgraded Logitech International SA (USA) (NASDAQ:LOGI) from Neutral to Underweight. Logitech shares fell 0.20 percent to $39.53 in pre-market trading.
  • Analysts at Imperial Capital downgraded Radware Ltd. (NASDAQ:RDWR) from Outperform to In-Line. Radware shares fell 3.41 percent to close at $19.57 on Monday.


Top Initiations

  • BMO Capital initiated coverage on Constellation Brands, Inc. (NYSE:STZ) with a Outperform rating. The price target for Constellation is set to $275. Constellation shares closed at $211.00 on Monday.
  • Analysts at RBC Capital initiated coverage on Industrial Logistics Properties Trust (NASDAQ:ILPT) with a Outperform rating. The price target for Industrial Logistics Properties is set to $27. Industrial Logistics Properties shares closed at $21.69 on Monday.
  • Morgan Stanley initiated coverage on Liberty Oilfield Services Inc (NYSE:LBRT) with a Overweight rating. The price target for Liberty Oilfield Services is set to $27. Liberty Oilfield Services shares closed at $20.47 on Monday.
  • BMO Capital initiated coverage on Boston Beer Company Inc (NYSE:SAM) with a Market Perform rating. The price target for Boston Beer is set to $180. Boston Beer shares closed at $180.75 on Monday.
  • Analysts at Jefferies initiated coverage on Zillow Group, Inc. (NASDAQ:ZG) with a Hold rating. The price target for Zillow is set to $50. Zillow closed at $44.14 on Monday.
  • Jefferies initiated coverage on Redfin Corp (NASDAQ:RDFN) with a Buy rating. The price target for Redfin is set to $28. Redfin Hydraulics shares closed at $19.66 on Monday.
  • Analysts at BMO Capital initiated coverage on Molson Coors Brewing Co (NYSE:TAP) with a Outperform rating. The price target for Molson Coors Brewing is set to $95. Molson Coors Brewing shares closed at $77.68 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 RatingsInitiationstop upgrades