Benzinga's Top Upgrades, Downgrades For June 25, 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

  • Citigroup upgraded Norfolk Southern Corporation (NYSE:NSC) from Neutral to Buy. v shares rose 0.65 percent to $152.81 in pre-market trading.
  • Morgan Stanley upgraded Ciena Corporation (NYSE:CIEN) from Equal-Weight to Overweight. Ciena shares rose 2.94 percent to $25.60 in pre-market trading.
  • Raymond James upgraded Criteo S.A. (NASDAQ:CRTO) from Market Perform to Outperform. Criteo shares rose 2.89 percent to close at $33.86 on Friday.
  • Barclays upgraded Quest Diagnostics Incorporated (NYSE:DGX) from Equal-Weight to Overweight. Quest shares rose 0.77 percent to close at $112.04 on Friday.
  • Ladenburg Thalmann upgraded HighPoint Resources (NYSE:HPR) from Neutral to Buy. HighPoint Resources shares rose 0.33 percent to $6.01 in pre-market trading.
  • DA Davidson upgraded Federal Realty Investment Trust (NYSE:FRT) from Neutral to Buy. Federal Realty Investment shares rose 1.55 percent to close at $125.61 on Friday.
  • Analysts at Raymond James upgraded Alarm.com Holdings, Inc. (NASDAQ:ALRM) from Outperform to Strong Buy. Alarm.com shares rose 3.01 percent to $38.73 in pre-market trading.
  • Goldman Sachs upgraded BorgWarner Inc. (NYSE:BWA) from Neutral to Buy. BorgWarner shares fell 1.85 percent to close at $45.09 on Friday.
  • Bank of America upgraded First Solar, Inc. (NASDAQ:FSLR) from Neutral to Buy. First Solar shares rose 4.18 percent to $54.85 in pre-market trading.

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Top Downgrades

  • Buckingham downgraded CarMax, Inc. (NYSE:KMX) from Buy to Neutral. CarMax shares fell 1.98 percent to $78.60 in pre-market trading.
  • Moffett Nathanson downgraded O'Reilly Automotive, Inc. (NASDAQ:ORLY) from Buy to Neutral. O'Reilly Automotive shares fell 0.32 percent to close at $286.16 on Friday.
  • Nomura downgraded Intel Corporation (NASDAQ:INTC) from Buy to Neutral. Intel shares fell 2.15 percent to $51.37 in pre-market trading.
  • Pivotal Research downgraded The Kroger Co. (NYSE:KR) from Buy to Hold. Kroger shares fell 2.69 percent to $28.89 in pre-market trading.
  • Morgan Stanley downgraded The Estée Lauder Companies Inc. (NYSE:EL) from Overweight to Equal-Weight. Estee Lauder shares fell 2.64 percent to $148.90 in pre-market trading.
  • Goldman Sachs downgraded OGE Energy Corp. (NYSE:OGE) from Buy to Neutral. OGE Energy shares rose 0.46 percent to close at $34.96 on Friday.
  • Wells Fargo downgraded Omega Healthcare Investors, Inc. (NYSE:OHI) from Outperform to Market Perform. Omega Healthcare shares rose 0.28 percent to close at $31.87 on Friday.
  • Longbow Research downgraded Allegheny Technologies Incorporated (NYSE:ATI) from Buy to Neutral. Allegheny Technologies shares fell 3.33 percent to $26.40 in pre-market trading.


Top Initiations

  • Goldman Sachs initiated coverage on PVH Corp. (NYSE:PVH) with a Sell rating. The price target for PVH is set to $150. PVH shares closed at $152.08 on Friday.
  • Analysts at Argus initiated coverage on Alibaba Group Holding Limited (NYSE:BABA) with a Buy rating. The price target for Alibaba is set to $275. Alibaba shares closed at $202.01 on Friday.
  • Deutsche Bank initiated coverage on New Relic, Inc. (NYSE:NEWR) with a Buy rating. The price target for New Relic is set to $125. New Relic shares closed at $103.86 on Friday.
  • Analysts at Piper Jaffray initiated coverage on Twilio Inc. (NYSE:TWLO) with an Overweight rating. The price target for Twilio is set to $70. Twilio shares closed at $55.25 on Friday.
  • Janney Capital initiated coverage on Avid Bioservices, Inc. (NASDAQ:CDMO) with a Buy rating. The price target for Avid Bioservices is set to $10. Avid Bioservices shares closed at $3.53 on Friday.
  • Ladenburg Thalmann initiated coverage on RedHill Biopharma Ltd. (NASDAQ:RDHL) with a Buy rating. The price target for RedHill Biopharma is set to $20. RedHill Biopharma shares closed at $7.90 on Friday.
  • Analysts at Buckingham initiated coverage on LSC Communications, Inc. (NYSE:LKSD) with a Buy rating. The price target for LSC Communications is set to $22. LSC Communications closed at $16.10 on Friday.
  • SunTrust Robinson Humphrey initiated coverage on Veeva Systems Inc. (NYSE:VEEV) with a Buy rating. The price target for Veeva is set to $100. Veeva shares closed at $82.84 on Friday.
  • Stephens & Co initiated coverage on Limoneira Company (NASDAQ:LMNR) with an Overweight rating. The price target for Limoneira is set to $30. Limoneira closed at $25.81 on Friday.
  • Analysts at Goldman Sachs initiated coverage on Tiffany & Co. (NYSE:TIF) with a Buy rating. The price target for Tiffany is set to $165. Tiffany closed at $133.67 on Friday.

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: UpgradesDowngradesInitiationAnalyst RatingsInitiationstop upgrades