Benzinga's Top Upgrades, Downgrades For May 21, 2018


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Top Upgrades

  • Moffett Nathanson upgraded Snap Inc. (NYSE:SNAP) from Sell to Neutral. Snap shares rose 1.51 percent to $10.74 in pre-market trading.
  • Bank of America upgraded Dillard's, Inc. (NYSE:DDS) from Underperform to Buy. Dillard's shares rose 3.53 percent to $80.10 in pre-market trading.
  • Barclays upgraded Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN) from Underweight to Equal-Weight. Achillion Pharmaceuticals shares rose 5.41 percent to $3.90 in pre-market trading.
  • Analysts at Argus upgraded Sempra Energy (NYSE:SRE) from Hold to Buy. Sempra Energy shares fell 0.21 percent to close at $101.97 on Friday.
  • Stifel Nicolaus upgraded Knight-Swift Transportation Holdings Inc. (NYSE:KNX) from Hold to Buy. Knight-Swift shares rose 1.99 percent to $41.44 in pre-market trading.
  • KeyBanc upgraded Alteryx, Inc. (NYSE:AYX) from Sector Weight to Overweight. Alteryx shares rose 5.32 percent to $32.49 in pre-market trading.
  • Jefferies upgraded Energizer Holdings, Inc. (NYSE:ENR) from Hold to Buy. Energizer shares fell 0.25 percent to close at $56.47 on Friday.
  • Northcoast Research upgraded Kelly Services, Inc. (NASDAQ:KELYA) from Neutral to Buy. Kelly Services shares rose 3.01 percent to $23.24 in pre-market trading.

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Top Downgrades

  • UBS downgraded Bristol-Myers Squibb Company (NYSE:BMY) from Buy to Neutral. Bristol-Myers shares fell 0.21 percent to $52.60 in pre-market trading.
  • Evercore ISI Group downgraded HCP, Inc. (NYSE:HCP) from In-Line to Underperform. HCP shares fell 0.52 percent to close at $23.02 on Friday.
  • Morgan Stanley downgraded Medidata Solutions, Inc. (NASDAQ:MDSO) from Overweight to Equal-Weight. Medidata Solutions shares rose 1.45 percent to close at $77.54 on Thursday.
  • Stifel Nicolaus downgraded Williams Partners L.P. (NYSE:WPZ) from Buy to Hold. Williams Partners shares fell 0.63 percent to close at $41.23 on Friday.
  • SunTrust Robinson Humphrey downgraded American Eagle Outfitters (NYSE:AEO) from Buy to Hold. American Eagle shares fell 2.21 percent to $22.59 in pre-market trading.
  • Evercore ISI Group downgraded Ventas, Inc. (NYSE:VTR) from In-Line to Underperform. Ventas shares fell 0.08 percent to $51.42 in pre-market trading.
  • Morgan Stanley downgraded AppFolio, Inc. (NASDAQ:APPF) from Equal-Weight to Underweight. AppFolio shares fell 2.60 percent to $56.30 in pre-market trading.
  • Barclays downgraded Prothena Corporation plc (NASDAQ:PRTA) from Equal-Weight to Underweight. Prothena shares fell 2.05 percent to close at $15.28 on Friday.
  • SunTrust Robinson Humphrey downgraded Q2 Holdings, Inc. (NYSE:QTWO) from Buy to Hold. Q2 Holdings shares fell 1.30 percent to $56.75 in pre-market trading.


Top Initiations

  • Canaccord Genuity initiated coverage on Ceridian HCM Holding Inc. (NYSE:CDAY) with a Hold rating. The price target for Ceridian HCM is set to $36. Ceridian HCM shares closed at $36.82 on Friday.
  • Analysts at Berenberg initiated coverage on Flowers Foods, Inc. (NYSE:FLO) with a Hold rating. The price target for Flowers Foods is set to $19. Flowers Foods shares closed at $19.29 on Friday.
  • Argus initiated coverage on V.F. Corporation (NYSE:VFC) with a Buy rating. The price target for V.F. Corp is set to $101. V.F. Corp shares closed at $80.07 on Friday.
  • Stifel Nicolaus initiated coverage on nLIGHT, Inc. (NASDAQ:LASR) with a Buy rating. The price target for nLIGHT is set to $40. nLIGHT shares closed at $29.97 on Friday.
  • Analysts at Deutsche Bank initiated coverage on Ceridian HCM Holding Inc. (NYSE:CDAY) with a Hold rating. The price target for Ceridian HCM is set to $40. Ceridian HCM shares closed at $36.82 on Friday.
  • Berenberg initiated coverage on Hostess Brands, Inc. (NASDAQ:TWNK) with a Buy rating. The price target for Hostess Brands is set to $15. Hostess Brands shares closed at $12.70 on Friday.
  • Analysts at Vertical Research initiated coverage on The Chemours Company (NYSE:NBL) with a Buy rating. Chemours closed at $52.17 on Friday.

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 RatingsEnergyInitiationsOil & Gas Exploration & Productiontop upgrades