Benzinga's Top Upgrades, Downgrades For February 22, 2019


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

  • Jefferies upgraded Citigroup Inc (NYSE:C) from Hold to Buy. Citigroup shares rose 0.8 percent to $64.85 in pre-market trading.
  • Compass Point upgraded Federal Agricultural Mortgage Corp. (NYSE:AGM) from Neutral to Buy. Federal Agricultural shares fell 2.09 percent to close at $71.71 on Thursday.
  • Morgan Stanley upgraded Intel Corporation (NASDAQ:INTC) from Equal-Weight to Overweight. Intel shares rose 2.7 percent to $52.81 in pre-market trading.
  • Jefferies upgraded Planet Fitness Inc (NYSE:PLNT) from Hold to Buy. Planet Fitness shares rose 3.4 percent to $60.20 in pre-market trading.
  • Evercore ISI Group upgraded Southern Co (NYSE:SO) from Underperform to In-Line. Southern shares closed at $50.22 on Thursday.
  • Baird upgraded Pool Corporation (NASDAQ:POOL) from Neutral to Outperform. Pool shares closed at $155.38 on Thursday.
  • Credit Suisse upgraded Telenor ASA (OTC:TELNY) from Underperform to Neutral. Telenor shares rose 0.52 percent to close at $19.36 on Thursday.
  • Jefferies upgraded Noodles & Co (NASDAQ:NDLS) from Hold to Buy. Noodles shares gained 8.6 percent to $8.09 in pre-market trading.

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

 

Top Downgrades

  • Stifel Nicolaus downgraded Kraft Heinz Co (NASDAQ:KHC) from Buy to Hold. Kraft Heinz shares fell 25.3 percent to $35.97 in pre-market trading.
  • Wedbush downgraded Roku Inc (NASDAQ:ROKU) from Outperform to Neutral. Roku shares rose 5.5 percent to $54.30 in pre-market trading.
  • Guggenheim downgraded Biogen Inc (NASDAQ:BIIB) from Buy to Neutral. Biogen shares closed at $321.17 on Thursday.
  • Wedbush downgraded Fitbit Inc (NYSE:FIT) from Outperform to Neutral. Fitbit shares fell 2 percent to $6.50 in pre-market trading.
  • JP Morgan downgraded Five Below Inc (NASDAQ:FIVE) from Overweight to Neutral. Five Below shares fell 1 percent to $128.30 in pre-market trading.
  • Citigroup downgraded Allscripts Healthcare Solutions Inc (NASDAQ:MDRX) from Buy to Neutral. Allscripts Healthcare shares fell 12.5 percent to $10.45 in pre-market trading.
  • Cowen & Co. downgraded Broadcom Inc (NASDAQ:AVGO) from Outperform to Market Perform. Broadcom shares closed at $280.94 on Thursday.
  • DA Davidson downgraded Applied Optoelectronics Inc (NASDAQ:AAOI) from Buy to Neutral. Applied Optoelectronics shares fell 12.7 percent to $12.75 in pre-market trading.
  • Deutsche Bank downgraded Nordstrom, Inc. (NYSE:JWN) from Buy to Hold. Nordstrom shares fell 2.7 percent to $43.30 in pre-market trading.
  • Bank of America downgraded Zillow Group Inc (NASDAQ:Z) from Neutral to Underperform. Zillow shares rose 3.9 percent to $36.40 in pre-market trading.

 

Top Initiations

  • BMO Capital initiated coverage on Eidos Therapeutics Inc (NASDAQ:EIDX) with an Outperform rating. The price target for Eidos Therapeutics is set to $28. Eidos Therapeutics shares closed at $15.15 on Thursday.
  • BTIG Research initiated coverage on Regional Management Corp (NYSE:RM) with a Buy rating. The price target for Regional Management is set to $36. Regional Management shares closed at $27.33 on Thursday.
  • Analysts at BMO Capital initiated coverage on Biogen Inc (NASDAQ:BIIB) with a Market Perform rating. The price target for Biogen is set to $322. Biogen closed at $321.17 on Thursday.
  • Analysts at Cowen & Co. initiated coverage on Maxim Integrated Products Inc. (NASDAQ:MXIM) with a Market Perform rating. The price target for Maxim Integrated is set to $56. Maxim Integrated shares closed at $55.26 on Thursday.
  • Jefferies initiated coverage on Westinghouse Air Brake Technologies Corp (NYSE:WAB) with a Hold rating. The price target for Westinghouse Air Brake is set to $80. Westinghouse Air Brake shares closed at $73.58 on Thursday.
  • BTIG Research initiated coverage on Medallion Financial Corp (NASDAQ:MFIN) with a Buy rating. The price target for Medallion Financial is set to $10. Medallion Financial shares closed at $5.92 on Thursday.
  • Cowen & Co. initiated coverage on Microchip Technology Inc. (NASDAQ:MCHP) with a Market Perform rating. The price target for Microchip Technology is set to $90. Microchip Technology shares closed at $89.00 on Thursday.

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 RatingsInformation TechnologyInitiationsSemiconductorstop upgrades