Benzinga's Top Upgrades, Downgrades For August 23, 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

  • Raymond James upgraded Charles River Laboratories Intl. Inc (NYSE:CRL) from Market Perform to Outperform. Charles River shares fell 0.21 percent to $120.26 in pre-market trading.
  • Piper Jaffray upgraded Finisar Corporation (NASDAQ:FNSR) from Neutral to Overweight. Finisar shares rose 3.22 percent to $19.25 in pre-market trading.
  • KeyBanc upgraded Tempur Sealy International Inc (NYSE:TPX) from Sector Weight to Overweight. Tempur Sealy shares fell 1.69 percent to close at $56.91 on Wednesday.
  • Analysts at Susquehanna upgraded Deckers Outdoor Corp (NYSE:DECK) from Negative to Neutral. Deckers Outdoor shares fell 0.15 percent to $118.90 in pre-market trading.
  • Leerink Swann upgraded American Renal Associates Holdings Inc (NYSE:ARA) from Market Perform to Outperform. American Renal Associates shares rose 2.01 percent to $21.85 in pre-market trading.
  • Piper Jaffray upgraded Acacia Communications, Inc. (NASDAQ:ACIA) from Neutral to Overweight. Acacia Communications shares rose 2.01 percent to $39.00 in pre-market trading.
  • BMO Capital upgraded Mountain Province Diamonds, Inc. (NASDAQ:MPVD) from Market Perform to Outperform. Mountain Province Diamond shares rose 4.65 percent to $2.25 in pre-market trading.

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Top Downgrades

  • KeyBanc downgraded La-Z-Boy Incorporated (NYSE:LZB) from Overweight to Sector Weight. La-Z-Boy shares fell 1.74 percent to $36.80 in pre-market trading.
  • Baird downgraded ABM Industries, Inc. (NYSE:ABM) from Outperform to Neutral. ABM shares rose 0.1 percent to close at $32.98 on Wednesday.
  • Cantor Fitzgerald downgraded Aetna Inc (NYSE:AET) from Overweight to Neutral. Aetna shares fell 0.37 percent to $197.03 in pre-market trading.
  • Baird downgraded Duluth Holdings Inc (NASDAQ:DLTH) from Outperform to Neutral. Duluth shares fell 1.85 percent to close at $28.61 on Wednesday.

 

Top Initiations

  • Citigroup initiated PPL Corp (NYSE:PPL) with a Neutral rating. The price target for PPL is set to $30. PPL shares closed at $29.60 on Wednesday.
  • Analysts at Oppenheimer initiated coverage on Plug Power Inc (NASDAQ:PLUG) with an Outperform rating. The price target for Plug Power is set to $2.50. Plug Power shares closed at $1.95 on Wednesday.
  • Cantor Fitzgerald initiated coverage on Neurocrine Biosciences, Inc. (NASDAQ:NBIX) with an Overweight rating. The price target for Neurocrine Biosciences is set to $150. Neurocrine Biosciences shares closed at $116.61 on Wednesday.
  • Citigroup initiated coverage on Goldman Sachs BDC Inc (NYSE:GSBD) with a Neutral rating. The price target for Goldman Sachs BDC is set to $23. Goldman Sachs BDC shares closed at $22.32 on Wednesday.
  • Analysts at Cantor Fitzgerald initiated coverage on ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) with an Overweight rating. The price target for ACADIA Pharmaceuticals is set to $25. ACADIA Pharmaceuticals shares closed at $14.18 on Wednesday.
  • Jefferies initiated coverage on Tenaris SA (ADR) (NYSE:TS) with a Buy rating. Tenaris shares closed at $33.84 on Wednesday.
  • DA Davidson initiated coverage on S & T Bancorp Inc (NASDAQ:STBA) with a Buy rating. The price target for S & T Bancorp is set to $54. S & T Bancorp closed at $46.69 on Wednesday.
  • Wedbush initiated coverage on WMIH Corp (NASDAQ:WMIH) with an Outperform rating. The price target for WMIH is set to $1.90. WMIH shares closed at $1.59 on Wednesday.

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.


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