Benzinga's Top Upgrades, Downgrades For August 30, 2018


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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.


Top Upgrades

  • Northcoast Research upgraded HD Supply Holdings Inc (NASDAQ:HDS) from Neutral to Buy. HD Supply shares rose 3.71 percent to $23.57 in pre-market trading.
  • Guggenheim upgraded Arlo Technologies Inc (NYSE:ARLO) from Neutral to Buy. Arlo Technologies shares rose 3.73 percent to $19.75 in pre-market trading.
  • William Blair upgraded Tilly's Inc (NYSE:TLYS) from Market Perform to Outperform. Tilly's shares rose 15.56 percent to $20.80 in pre-market trading.
  • JP Morgan upgraded Nutanix Inc (NASDAQ:NTNX) from Underweight to Neutral. Nutanix shares gained 1.1 percent to $61.80 in pre-market trading.
  • Bank of America upgraded Shinhan Financial Group Co., Ltd. (ADR) (NYSE:SHG) from Neutral to Buy. Shinhan Financial shares closed at $38.90 on Wednesday.
  • Pivotal Research upgraded Genesco Inc. (NYSE:GCO) from Hold to Buy. Genesco shares rose 1.87 percent to close at $46.35 on Wednesday.
  • KeyBanc upgraded Altra Industrial Motion Corp (NASDAQ:AIMC) from Sector Weight to Overweight. Altra Industrial Motion shares fell 0.13 percent to close at $38.00 on Wednesday.
  • Analysts at Citigroup upgraded Itau Corpbanca (ADR) (NYSE:ITCB) from Neutral to Buy. Itau Corpbanca shares fell 2.65 percent to $14.31 in pre-market trading.

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Top Downgrades

  • Bank of America downgraded Vodafone Group Plc (ADR) (NASDAQ:VOD) from Buy to Neutral. Vodafone shares fell 3 percent to $22.29 in pre-market trading.
  • SunTrust Robinson Humphrey downgraded RPC, Inc. (NYSE:RES) from Buy to Hold. RPC shares rose 0.08 percent to $14.40 in pre-market trading.
  • Bank of America downgraded KB Financial Group, Inc. (ADR) (NYSE:KB) from Buy to Neutral. KB Financial shares rose 0.26 percent to close at $47.17 on Wednesday.
  • Sandler O'Neill downgraded Hanover Insurance Group Inc (NYSE:THG) from Buy to Neutral. Hanover Insurance shares fell 1.16 percent to close at $126.54 on Wednesday.
  • Bank of America downgraded Grupo Supervielle SA -ADR (NYSE:SUPV) from Buy to Neutral. Grupo Supervielle shares fell 0.71 percent to $5.61 in pre-market trading.

 

Top Initiations

  • Berenberg initiated coverage on Tandem Diabetes Care Inc (NASDAQ:TNDM) with a Buy rating. The price target for Tandem Diabetes Care is set to $50. Tandem Diabetes Care shares closed at $40.93 on Wednesday.
  • Chardan Capital initiated coverage on Tocagen Inc (NASDAQ:TOCA) with a Buy rating. The price target for Tocagen is set to $30. Tocagen shares closed at $8.39 on Wednesday.
  • Analysts at SunTrust Robinson Humphrey initiated coverage on Adverum Biotechnologies Inc (NASDAQ:ADVM) with a Buy rating. The price target for Adverum Biotechnologies is set to $11. Adverum Biotechnologies shares closed at $6.12 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.


Posted In: UpgradesDowngradesInitiationPre-Market OutlookAnalyst RatingsInitiationstop upgrades