Benzinga's Top Upgrades, Downgrades For March 22, 2018


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Top Upgrades

  • Analysts at Buckingham upgraded Southwest Airlines Co. (NYSE:LUV) from Neutral to Buy. Southwest shares fell 0.48 percent to $57.50 in pre-market trading.
  • Analysts at Deutsche Bank upgraded Masco Corporation (NYSE:MAS) from Hold to Buy. Masco rose 0.05 percent to $41.57 in pre-market trading.
  • JP Morgan upgraded Archrock, Inc. (NYSE:AROC) from Neutral to Overweight. Archrock shares rose 2.84 percent to close at $9.05 on Wednesday.
  • Morgan Stanley upgraded Lear Corporation (NYSE:LEA) from Underweight to Equal-Weight. Lear shares rose 0.73 percent to $194.00 in pre-market trading.
  • Cowen & Co. upgraded Ralph Lauren Corporation (NYSE:RL) from Market Perform to Outperform. Ralph Lauren shares rose 0.62 percent to $110.15 in pre-market trading.
  • Morgan Stanley upgraded BorgWarner Inc. (NYSE:BWA) from Underweight to Overweight. BorgWarner shares rose 1.21 percent to $51.70 in pre-market trading.
  • Societe Generale upgraded General Mills, Inc. (NYSE:GIS) from Sell to Hold. General Mills shares fell 0.12 percent to $45.45 in pre-market trading.
  • Raymond James upgraded Pandora Media, Inc. (NYSE:P) from Market Perform to Strong Buy. Pandora shares rose 6.12 percent to $5.20 in pre-market trading.
  • Keefe Bruyette & Woods upgraded Arch Capital Group Ltd. (NASDAQ:ACGL) from Market Perform to Outperform. Arch Capital shares fell 0.14 percent to close at $85.82 on Wednesday.

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Top Downgrades

  • William Blair downgraded Acuity Brands, Inc. (NYSE:AYI) from Outperform to Market Perform. Acuity shares rose 0.21 percent to close at $147.04 on Wednesday.
  • Morgan Stanley downgraded Magna International Inc. (NYSE:MGA) from Equal-Weight to Underweight. Magna shares rose 3.50 percent to close at $57.72 on Tuesday.
  • Citigroup downgraded Sirius XM Holdings Inc. (NASDAQ:SIRI) from Buy to Neutral. Sirius XM shares fell 1.26 percent to $6.29 in pre-market trading.
  • Wells Fargo downgraded TransCanada Corporation (NYSE:TRP) from Outperform to Market Perform. TransCanada shares rose 3.53 percent to close at $41.98 on Wednesday.
  • Analysts at Deutsche Bank downgraded JELD-WEN Holding, Inc. (NYSE:JELD) from Buy to Hold. JELD-WEN shares rose 0.03 percent to close at $33.29 on Tuesday.
  • Morgan Stanley downgraded Visteon Corporation (NASDAQ:VC) from Overweight to Underweight. Visteon shares rose 1.68 percent to close at $120.77 on Wednesday.
  • RBC Capital downgraded WideOpenWest, Inc. (NYSE:WOW) from Outperform to Sector Perform. WideOpenWest shares rose 4.63 percent to close at $7.69 on Tuesday.
  • Jefferies downgraded MuleSoft, Inc. (NYSE:MULE) from Buy to Hold. MuleSoft shares rose 0.02 percent to $44.25 in pre-market trading.
  • JP Morgan downgraded trivago N.V. (NASDAQ:TRVG) from Neutral to Underweight. trivago shares fell 2.81 percent to $7.60 in pre-market trading.
  • Credit Suisse downgraded Mesoblast Limited (NASDAQ:MESO) from Neutral to Underperform. Mesoblast shares fell 2.95 percent to $5.93 in pre-market trading.


Top Initiations

  • Analysts at Mizuho initiated coverage on Expedia, Inc. (NASDAQ:EXPE) with a Neutral rating. The price target for Expedia is set to $120. Expedia closed at $109.24 on Wednesday.
  • Maxim Group initiated coverage on Sientra, Inc. (NASDAQ:SIEN) with a Buy rating. The price target for Sientra is set to $15. Sientra shares closed at $10.24 on Wednesday.
  • Benchmark initiated coverage on TrueCar, Inc. (NASDAQ:TRUE) with a Buy rating. The price target for TrueCar is set to $18. TrueCar shares closed at $9.93 on Wednesday.
  • DA Davidson initiated coverage on Crane Co. (NYSE:CR) with a Buy rating. The price target for Crane is set to $108. Crane shares closed at $95.74 on Wednesday.
  • Analysts at Deutsche Bank initiated coverage on Miragen Therapeutics, Inc. (NASDAQ:MGEN) with a Buy rating. The price target for Miragen Therapeutics is set to $15. Miragen Therapeutics shares closed at $7.51 on Wednesday.
  • Benchmark initiated coverage on CarGurus, Inc. (NASDAQ:CARG) with a Buy rating. The price target for CarGurus is set to $42. CarGurus shares closed at $35.56 on Wednesday.
  • Mizuho initiated coverage on Booking Holdings Inc. (NASDAQ:BKNG) with a Buy rating. The price target for Booking Holdings is set to $2,600. Booking Holdings shares closed at $2,144.98 on Wednesday.
  • Analysts at DA Davidson initiated coverage on ITT Inc. (NYSE:ITT) with a Buy rating. The price target for ITT is set to $60. ITT shares closed at $52.43 on Wednesday.

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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