Benzinga's Top Upgrades, Downgrades For November 27, 2018


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.


Top Upgrades

  • Morgan Stanley upgraded Taubman Centers, Inc. (NYSE:TCO) from Underweight to Equal-Weight. Taubman Centers shares rose 0.12 percent to $50.85 in pre-market trading.
  • Imperial Capital upgraded Walt Disney Co (NYSE:DIS) from In-Line to Outperform. Disney shares fell 0.2 percent to $112.32 in pre-market trading.
  • KeyBanc upgraded A. O. Smith Corp (NYSE:AOS) from Sector Weight to Overweight. A.O. Smith shares rose 0.24 percent to $46.54 in pre-market trading.
  • Goldman Sachs upgraded Parsley Energy Inc (NYSE:PE) from Neutral to Buy. Parsley Energy shares rose 0.9 percent to $21.30 in pre-market trading.
  • Credit Suisse upgraded Compass Minerals International, Inc. (NYSE:CMP) from Underperform to Neutral. Compass Minerals shares fell 0.6 percent to close at $48.06 on Monday.

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Top Downgrades

  • Jefferies downgraded Hormel Foods Corp (NYSE:HRL) from Buy to Hold. Hormel Foods shares fell 1.1 percent to $45.21 in pre-market trading.
  • KeyBanc downgraded Nordson Corporation (NASDAQ:NDSN) from Overweight to Sector Weight. Nordson shares rose 0.88 percent to close at $124.90 on Monday.
  • Morgan Stanley downgraded Macerich Co (NYSE:MAC) from Equal-Weight to Underweight. Macerich shares fell 1.8 percent to $48.05 in pre-market trading.
  • Deutsche Bank downgraded U.S. Bancorp (NYSE:USB) from Buy to Hold. US Bancorp shares rose 1.2 percent to close at $54.16 on Monday.
  • Wells Fargo downgraded athenahealth, Inc (NASDAQ:ATHN) from Outperform to Market Perform. athenahealth shares fell 0.5 percent to $132.00 in pre-market trading.
  • Goldman Sachs downgraded Wyndham Destinations Inc (NYSE:WYND) from Buy to Neutral. Wyndham Destinations shares closed at $42.65 on Monday.
  • Bank of America downgraded OGE Energy Corp. (NYSE:OGE) from Buy to Neutral. OGE Energy shares fell 1.1 percent to $38.60 in pre-market trading.
  • Oppenheimer downgraded Ferroglobe PLC (NASDAQ:GSM) from Outperform to Perform. Ferroglobe shares fell 35 percent to $3.10 in pre-market trading.

 

Top Initiations

  • BTIG Research initiated coverage on EVO Payments Inc (NASDAQ:EVOP) with a Buy rating. The price target for EVO Payments is set to $31. EVO Payments shares closed at $25.24 on Monday.
  • Cantor Fitzgerald initiated coverage on CVS Health Corp (NYSE:CVS) with an Overweight rating. The price target for CVS Health is set to $96. CVS Health shares closed at $77.84 on Monday.
  • Analysts at Credit Suisse initiated coverage on Niu Technologies - ADR (NASDAQ:NIU) with an Outperform rating. Niu Technologies shares closed at $8.12 on Monday.
  • Wells Fargo reinstated coverage on Restoration Hardware Holdings, Inc (NYSE:RH) with an Outperform rating. The price target for RH is set to $145. RH shares closed at $114.58 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 RatingsFinancialsInitiationsRetail REIT'stop upgrades