Benzinga's Top Upgrades, Downgrades For September 19, 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

  • Jefferies upgraded E*TRADE Financial Corp (NASDAQ:ETFC) from Hold to Buy. E*TRADE shares rose 1.38 percent to $54.50 in pre-market trading.
  • Credit Suisse upgraded Nokia Oyj (NYSE:NOK) from Neutral to Outperform. Nokia shares fell 3.91 percent to $5.40 in pre-market trading.
  • Morgan Stanley upgraded Select Income REIT (NASDAQ:SIR) from Underweight to Equal-Weight. Select Income REIT shares rose 6.24 percent to $21.80 in pre-market trading.
  • Nomura upgraded Juniper Networks, Inc. (NYSE:JNPR) from Neutral to Buy. Juniper Networks shares rose 2.55 percent to $29.32 in pre-market trading.
  • Credit Suisse upgraded SunPower Corporation (NASDAQ:SPWR) from Neutral to Outperform. SunPower shares climbed 5.96 percent to $8.00 in pre-market trading.
  • Wells Fargo upgraded Transocean LTD (NYSE:RIG) from Market Perform to Outperform. Transocean shares rose 2.26 percent to $12.20 in pre-market trading.
  • Citigroup upgraded Mechel PAO (NYSE:MTL) from Sell to Neutral. Mechel shares rose 5.7 percent to $2.78 in pre-market trading.
  • Hovde Group upgraded Civista Bancshares Inc (NASDAQ:CIVB) from Market Perform to Outperform. Civista Bancshares shares closed at $22.93 on Tuesday.

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Top Downgrades

  • Citigroup downgraded Platform Specialty Products Corp (NYSE:PAH) from Buy to Neutral. Platform Specialty shares fell 4.3 percent to $12.25 in pre-market trading.
  • Macquarie downgraded KBR, Inc. (NYSE:KBR) from Outperform to Neutral. KBR shares fell 0.89 percent to $20.01 in pre-market trading.
  • JP Morgan downgraded LyondellBasell Industries NV (NYSE:LYB) from Neutral to Underweight. LyondellBasell shares fell 2.15 percent to $99.90 in pre-market trading.
  • Raymond James downgraded Cable One Inc (NYSE:CABO) from Outperform to Market Perform. Cable One shares rose 1.79 percent to close at $894.46 on Tuesday.
  • Tudor Pickering downgraded Westlake Chemical Corporation (NYSE:WLK) from Buy to Hold. Westlake Chemical shares rose 0.68 percent to $84.47 in pre-market trading.
  • Exane BNP Paribas downgraded Nokia Oyj (NYSE:NOK) from Neutral to Underperform. Nokia shares fell 4.63 percent to $5.36 in pre-market trading.

 

Top Initiations

  • Morgan Stanley initiated coverage on Halliburton Company (NYSE:HAL) with an Overweight rating. The price target for Halliburton is set to $50. Halliburton shares closed at $39.16 on Tuesday.
  • Berenberg initiated coverage on Mobile Mini Inc (NASDAQ:MINI) with a Buy rating. The price target for Mobile Mini is set to $53. Mobile Mini shares closed at $42.50 on Tuesday.
  • Mitsubishi UFJ initiated Centene Corp (NYSE:CNC) with an Overweight rating. The price target for Centene is set to $170. Centene shares closed at $142.84 on Tuesday.
  • Buckingham initiated coverage on Veoneer Inc (NYSE:VNE) with a Neutral rating. The price target for Veoneer is set to $48. Veoneer shares closed at $51.98 on Tuesday.
  • Baird initiated coverage on Surface Oncology Inc (NASDAQ:SURF) with an Outperform rating. The price target for Surface Oncology is set to $23. Surface Oncology shares closed at $10.50 on Tuesday.
  • Analysts at Evercore ISI Group initiated coverage on ProQR Therapeutics NV (NASDAQ:PRQR) with an Outperform rating. The price target for ProQR Therapeutics is set to $35. ProQR Therapeutics shares closed at $20.20 on Tuesday.
  • Analysts at SunTrust Robinson Humphrey initiated coverage on GDS Holdings Ltd - ADR (NASDAQ:GDS) with a Buy rating. The price target for GDS Holdings is set to $46. GDS Holdings shares closed at $33.65 on Tuesday.
  • Morgan Stanley initiated coverage on Schlumberger Limited (NYSE:SLB) with an Equal-Weight rating. The price target for Schlumberger is set to $72. Schlumberger shares closed at $60.99 on Tuesday.
  • Analysts at Jefferies initiated coverage on Vocera Communications Inc (NYSE:VCRA) with a Buy rating. The price target for Vocera Communications is set to $40. Vocera Communications closed at $33.49 on Tuesday.
  • Analysts at Guggenheim initiated coverage on Aerpio Pharmaceuticals Inc (NASDAQ:ARPO) with a Buy rating. The price target for Aerpio Pharmaceuticals is set to $10. Aerpio Pharmaceuticals closed at $3.79 on Tuesday.

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: UpgradesDowngradesInitiationPre-Market OutlookAnalyst RatingsInitiationstop upgrades