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


27% profits every 20 days?

This is what Nic Chahine averages with his options 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

  • Bank of America upgraded Darden Restaurants, Inc. (NYSE:DRI) from Underperform to Neutral. Darden shares rose 0.43 percent to $107.52 in pre-market trading.
  • Janney Capital upgraded Eversource Energy (NYSE:ES) from Neutral to Buy. Eversource Energy shares rose 0.54 percent to $56.00 in pre-market trading.
  • Jefferies upgraded Molina Healthcare, Inc. (NYSE:MOH) from Hold to Buy. Molina Healthcare shares rose 0.69 percent to close at $98.68 on Thursday.
  • Raymond James upgraded Dollar General Corporation (NYSE:DG) from Outperform to Strong Buy. Dollar General shares rose 1.34 percent to $100.00 in pre-market trading.
  • UBS upgraded United Rentals, Inc. (NYSE:URI) from Neutral to Buy. United Rentals shares rose 2.16 percent to $156.40 in pre-market trading.
  • HSBC upgraded Copa Holdings, S.A. (NYSE:CPA) from Hold to Buy. Copa Holdings shares fell 0.93 percent to close at $99.11 on Thursday.

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Top Downgrades

  • Needham downgraded KLA-Tencor Corporation (NASDAQ:KLAC) from Buy to Hold. KLA-Tencor shares fell 1.06 percent to $109.14 in pre-market trading.
  • Benchmark downgraded Booking Holdings Inc. (NASDAQ:BKNG) from Buy to Hold. Booking Holdings shares fell 0.12 percent to $2,119.87 in pre-market trading.
  • Argus downgraded Zimmer Biomet Holdings, Inc. (NYSE:ZBH) from Buy to Hold. Zimmer Biomet shares fell 1.35 percent to $110.01 in pre-market trading.
  • Bank of America downgraded Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) from Neutral to Underperform. Ollie's Bargain shares fell 3.57 percent to $74.15 in pre-market trading.
  • Stephens & Co. downgraded Ingredion Incorporated (NYSE:INGR) from Overweight to Equal-Weight. Ingredion shares fell 0.58 percent to $113.64 in pre-market trading.
  • DZ Bank downgraded Eli Lilly and Company (NYSE:LLY) from Buy to Hold. Eli Lilly shares fell 0.24 percent to close at $86.07 on Thursday.
  • BTIG Research downgraded Red Hat, Inc. (NYSE:RHT) from Buy to Neutral. Red Hat shares fell 13.75 percent to $142.84 in pre-market trading.
  • Buckingham downgraded NIKE, Inc. (NYSE:NKE) from Buy to Neutral. Nike shares fell 0.81 percent to $73.34 in pre-market trading.
  • JP Morgan downgraded Ecolab Inc. (NYSE:ECL) from Neutral to Underweight. Ecolab shares fell 1.55 percent to $139.35 in pre-market trading.
  • Maxim Group downgraded The Cheesecake Factory Incorporated (NASDAQ:CAKE) from Buy to Hold. Cheesecake Factory shares fell 0.69 percent to $59.42 in pre-market trading.


Top Initiations

  • Credit Suisse initiated coverage on Sunlands Online Education Group (NYSE:STG) with an Outperform rating. Sunlands Online Education shares closed at $8.91 on Thursday.
  • Analysts at Benchmark initiated coverage on Micron Technology, Inc. (NASDAQ:MU) with a Buy rating. The price target for Micron is set to $80. Micron closed at $59.44 on Thursday.
  • B. Riley FBR initiated coverage on Cable One, Inc. (NYSE:CABO) with a Buy rating. The price target for Cable One is set to $840. Cable One shares closed at $716.81 on Thursday.
  • Roth Capital initiated coverage on Soleno Therapeutics, Inc. (NASDAQ:SLNO) with a Buy rating. The price target for Soleno Therapeutics is set to $14. Soleno Therapeutics shares closed at $2.33 on Thursday.
  • Analysts at Loop Capital initiated coverage on Broadcom Inc. (NASDAQ:AVGO) with a Buy rating. The price target for Broadcom is set to $306. Broadcom closed at $259.65 on Thursday.
  • Analysts at Oppenheimer initiated coverage on Alteryx, Inc. (NYSE:AYX) with an Outperform rating. The price target for Alteryx is set to $48. Alteryx shares closed at $38.64 on Thursday.
  • DA Davidson initiated coverage on Nice Ltd (ADR) (NASDAQ:NICE) with a Neutral rating. The price target for Nice is set to $110. Nice shares closed at $108.39 on Thursday.
  • Wedbush initiated coverage on The TJX Companies, Inc. (NYSE:TJX) with a Neutral rating. The price target for TJX is set to $100. TJX closed at $96.29 on Thursday.
  • Compass Point initiated coverage on Nasdaq, Inc. (NASDAQ:NDAQ) with a Neutral rating. The price target for Nasdaq is set to $100. Nasdaq shares closed at $94.13 on Thursday.
  • Analysts at Ladenburg Thalmann initiated coverage on Interpace Diagnostics Group, Inc. (NASDAQ:IDXG) with a Buy rating. The price target for Interpace Diagnostics is set to $2.25. Interpace Diagnostics shares closed at $0.86 on Thursday.

27% profits every 20 days?

This is what Nic Chahine averages with his options 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