Benzinga's Top Upgrades, Downgrades For December 7, 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 Tesla Inc (NASDAQ:TSLA) from Hold to Buy. Tesla shares rose 1.8 percent to $369.73 in pre-market trading.
  • Barclays upgraded FactSet Research Systems Inc. (NYSE:FDS) from Underweight to Equal-Weight. FactSet shares fell 0.9 percent to $224.49 in pre-market trading.
  • Baird upgraded Diplomat Pharmacy Inc (NYSE:DPLO) from Underperform to Neutral. Diplomat Pharmacy shares rose 0.8 percent to $15.04 in pre-market trading.
  • Barclays upgraded Msci Inc (NYSE:MSCI) from Equal-Weight to Overweight. MSCI shares fell 0.01 percent to $152.30 in pre-market trading.
  • Guggenheim upgraded National Beverage Corp. (NASDAQ:FIZZ) from Sell to Neutral. National Beverage fell 0.4 percent to $84.00 in pre-market trading.
  • Analysts at JP Morgan upgraded EOG Resources Inc (NYSE:EOG) from Neutral to Overweight. EOG Resources shares rose 0.1 percent to $102.20 in pre-market trading.
  • Itau BBA upgraded Credicorp Ltd. (NYSE:BAP) from Market Perform to Outperform. Credicorp shares fell 1.1 percent to $219.56 in pre-market trading.

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Top Downgrades

  • Goldman Sachs downgraded Expeditors International of Washington (NASDAQ:EXPD) from Neutral to Sell. Expeditors shares fell 2.6 percent to $72.40 in pre-market trading.
  • Morgan Stanley downgraded RYB Education Inc - ADR (NYSE:RYB) from Overweight to Equal-Weight. RYB Education shares fell 2 percent to $7.00 in pre-market trading.
  • Jefferies downgraded Trinseo S.A. (NYSE:TSE) from Buy to Hold. Trinseo shares rose 0.71 percent to close at $49.65 on Thursday.
  • RBC Capital downgraded Secureworks Corp (NASDAQ:SCWX) from Outperform to Sector Perform. SecureWorks shares rose 1.8 percent to $17.41 in pre-market trading.
  • Morgan Stanley downgraded Momo Inc (NASDAQ:MOMO) from Overweight to Equal-Weight. Momo shares fell 1.3 percent to $26.70 in pre-market trading.
  • JP Morgan downgraded Devon Energy Corp (NYSE:DVN) from Overweight to Neutral. Devon Energy shares fell 0.5 percent to $27.60 in pre-market trading.
  • Barclays downgraded EQM Midstream Partners LP (NYSE:EQM) from Overweight to Equal-Weight. EQM Midstream Partners shares fell 1.03 percent to close at $46.12 on Thursday.
  • JP Morgan downgraded Chesapeake Energy Corporation (NYSE:CHK) from Neutral to Underweight. Chesapeake Energy shares fell 6.04 percent to close at $2.72 on Thursday.

 

Top Initiations

  • Analysts at Wedbush initiated coverage on Zendesk Inc (NYSE:ZEN) with an Outperform rating. The price target for Zendesk is set to $71. Zendesk shares closed at $59.88 on Thursday.
  • Oppenheimer initiated coverage on Par Pacific Holdings Inc (NYSE:PARR) with an Outperform rating. The price target for Par Pacific is set to $22. Par Pacific shares closed at $16.96 on Thursday.
  • Wedbush initiated coverage on Mimecast Ltd (NASDAQ:MIME) with a Neutral rating. The price target for Mimecast is set to $40. Mimecast shares closed at $36.68 on Thursday.
  • Citigroup initiated coverage on FGL Holdings (NYSE:FG) with a Neutral rating. The price target for FGL Holdings is set to $8.50. FGL Holdings shares closed at $7.15 on Thursday.
  • Wedbush initiated coverage on Alteryx Inc (NYSE:AYX) with an Outperform rating. The price target for Alteryx is set to $72. Alteryx shares closed at $59.85 on Thursday.

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