Benzinga's Top Upgrades, Downgrades For May 8, 2019


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Top Upgrades

  • Wedbush upgraded LendingClub Corp (NYSE:LC) from Neutral to Outperform. LendingClub shares rose 0.3 percent to $3.23 in pre-market trading.
  • Analysts at Janney Capital upgraded Middlesex Water Company (NASDAQ:MSEX) from Neutral to Buy. Middlesex Water shares fell 1.98 percent to close at $56.79 on Tuesday.
  • Canaccord Genuity upgraded Qorvo Inc (NASDAQ:QRVO) from Hold to Buy. Qorvo rose 5.2 percent to $77.50 in pre-market trading.
  • Analysts at JP Morgan upgraded Mosaic Co (NYSE:MOS) from Neutral to Overweight. Mosaic rose 2.6 percent to $23.85 in pre-market trading.
  • Jefferies upgraded Office Properties Income Trust (NASDAQ:OPI) from Underperform to Hold. Office Properties Income Trust shares fell 4.07 percent to close at $26.89 on Monday.
  • Mizuho upgraded Mid-America Apartment Communities Inc (NYSE:MAA) from Neutral to Buy. Mid-America Apartment fell 1.71 percent to close at $107.98 on Tuesday.
  • Credit Suisse upgraded Mosaic Co (NYSE:MOS) from Neutral to Outperform. Mosaic rose 2.6 percent to $23.85 in pre-market trading.
  • Analysts at Buckingham Research upgraded US Foods Holding Corp (NYSE:USFD) from Neutral to Buy. US Foods shares gained 0.8 percent to $38.56 in pre-market trading.
  • Craig-Hallum upgraded MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) from Hold to Buy. MACOM shares rose 9.5 percent to $13.80 in pre-market trading.
  • Credit Suisse upgraded China Mobile Ltd. (NYSE:CHL) from Neutral to Outperform. China Mobile shares fell 1.31 percent to close at $46.65 on Tuesday.

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Top Downgrades

  • Baird downgraded Chesapeake Lodging Trust (NYSE:CHSP) from Outperform to Neutral. Chesapeake Lodging Trust shares fell 0.79 percent to close at $31.24 on Tuesday.
  • Morgan Stanley downgraded Fortive Corp (NYSE:FTV) from Overweight to Equal-Weight. Fortive shares fell 1.7 percent to close at $83.48 on Tuesday.
  • Buckingham Research downgraded Servicemaster Global Holdings Inc (NYSE:SERV) from Buy to Neutral. Servicemaster shares rose 8.95 percent to close at $53.80 on Tuesday.
  • Credit Suisse downgraded 2U Inc (NASDAQ:TWOU) from Outperform to Neutral. 2U shares fell 18.6 percent to $48.80 in pre-market trading.
  • JP Morgan downgraded Inogen Inc (NASDAQ:INGN) from Overweight to Neutral. Inogen shares fell 28.2 percent to $65.40 in pre-market trading.
  • Compass Point downgraded LPL Financial Holdings Inc (NASDAQ:LPLA) from Buy to Neutral. LPL Financial shares fell 0.2 percent to $84.13 in pre-market trading.
  • Guggenheim downgraded GreenSky Inc (NASDAQ:GSKY) from Buy to Neutral. GreenSky shares fell 2.9 percent to $13.76 in pre-market trading.
  • Wells Fargo downgraded United Insurance Holdings Corp (NASDAQ:UIHC) from Outperform to Market Perform. United Insurance shares fell 4.7 percent to $14.97 in pre-market trading.
  • Mizuho downgraded AvalonBay Communities Inc (NYSE:AVB) from Buy to Neutral. AvalonBay shares fell 1.88 percent to close at $196.79 on Tuesday.
  • Northland Capital Markets downgraded Ichor Holdings Ltd (NASDAQ:ICHR) from Outperform to Market Perform. Ichor shares fell 4 percent to $24.00 in pre-market trading.

 

Top Initiations

  • HSBC initiated coverage on StoneCo Ltd (NASDAQ:STNE) with a Reduce rating. The price target for StoneCo is set to $20. StoneCo shares closed at $27.09 on Tuesday.
  • Analysts at Raymond James initiated coverage on Tecnoglass Inc (NASDAQ:TGLS) with an Outperform rating. Tecnoglass closed at $6.98 on Tuesday.
  • Rosenblatt initiated coverage on Pinterest Inc (NYSE:PINS) with a Neutral rating. The price target for Pinterest is set to $32. Pinterest shares closed at $28.69 on Tuesday.
  • HSBC initiated coverage on PagSeguro Digital Ltd (NASDAQ:PAGS) with a Reduce rating. The price target for PagSeguro Digital is set to $24. PagSeguro Digital shares closed at $27.15 on Tuesday.

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.


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