Benzinga's Top Upgrades, Downgrades For November 6, 2018


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Top Upgrades

  • Citigroup upgraded Square, Inc. (NYSE:SQ) from Neutral to Buy. Square shares rose 2 percent to $76.48 in pre-market trading.
  • Bank of America upgraded Mylan NV (NASDAQ:MYL) from Neutral to Buy. Mylan shares rose 8.9 percent to $34.15 in pre-market trading.
  • Raymond James upgraded Pattern Energy Group Inc (NASDAQ:PEGI) from Market Perform to Outperform. Pattern Energy shares rose 1.4 percent to $19.92 in pre-market trading.
  • Analysts at B. Riley FBR upgraded Dicerna Pharmaceuticals Inc (NASDAQ:DRNA) from Neutral to Buy. Dicerna Pharmaceuticals shares rose 4.3 percent to $13.50 in pre-market trading.
  • Wells Fargo upgraded Enbridge Inc (NYSE:ENB) from Market Perform to Outperform. Enbridge shares rose 0.6 percent to $32.50 in pre-market trading.
  • Longbow Research upgraded Shake Shack Inc (NYSE:SHAK) from Neutral to Buy. Shake Shack shares rose 0.55 percent to close at $47.45 on Monday.
  • Goldman Sachs upgraded Kosmos Energy Ltd (NYSE:KOS) from Neutral to Buy. Kosmos Energy shares rose 5 percent to $6.60 in pre-market trading.

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Top Downgrades

  • Bernstein downgraded Splunk Inc (NASDAQ:SPLK) from Outperform to Market Perform. Splunk shares fell 3 percent to $98.15 in pre-market trading.
  • JP Morgan downgraded Nevro Corp (NYSE:NVRO) from Overweight to Neutral. Nevro shares fell 6.3 percent to $43.00 in pre-market trading.
  • Canaccord Genuity downgraded Pandora Media Inc (NYSE:P) from Buy to Hold. Pandora shares rose 1.7 percent to $8.80 in pre-market trading.
  • Wells Fargo downgraded The Western Union Company (NYSE:WU) from Outperform to Market Perform. Western Union shares fell 2 percent to $18.08 in pre-market trading.
  • Barclays downgraded New York Times Co (NYSE:NYT) from Equal-Weight to Underweight. New York Times shares fell 3.3 percent to $27.07 in pre-market trading.
  • Wells Fargo downgraded PBF Logistics LP (NYSE:PBFX) from Outperform to Market Perform. PBF Logistics shares rose 1 percent to $22.00 in pre-market trading.
  • Raymond James downgraded Wildhorse Resource Development Corp (NYSE:WRD) from Strong Buy to Outperform. Wildhorse Resource Development shares rose 7.44 percent to close at $22.96 on Monday.

 

Top Initiations

  • Analysts at Canaccord Genuity initiated coverage on Anaplan Inc (NYSE:PLAN) with a Buy rating. The price target for Anaplan is set to $27. Anaplan closed at $23.92 on Monday.
  • Jefferies initiated coverage on Equillium Inc (NASDAQ:EQ) with a Buy rating. The price target for Equillium is set to $19. Equillium shares closed at $16.34 on Monday.
  • Goldman Sachs initiated coverage on Anaplan Inc (NYSE:PLAN) with a Neutral rating. The price target for Anaplan is set to $25. Anaplan closed at $23.92 on Monday.
  • Analysts at Maxim Group initiated coverage on Badger Meter, Inc. (NYSE:BMI) with a Buy rating. The price target for Badger Meter is set to $65. Badger Meter shares closed at $50.12 on Monday.
  • Goldman Sachs initiated coverage on PJT Partners Inc (NYSE:PJT) with a Buy rating. The price target for PJT Partners is set to $60. PJT Partners shares closed at $45.35 on Monday.
  • Analysts at Barclays initiated coverage on Anaplan Inc (NYSE:PLAN) with an Overweight rating. The price target for Anaplan is set to $30. Anaplan closed at $23.92 on Monday.

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 RatingsInitiationsIntegrated Telecommunication ServicesTelecommunication Servicestop upgrades